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2022
Flag → Flag
Exports $402kRnk 29 / 66
2022
Flag → Flag
Top Product $321kProcessed Crustaceans
2022
Flag → Flag
Exports $41.6kRnk 202 / 210
2022
Flag → Flag
Top Product $41.6kSurveying Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Greenland-New Zealand Trade: In 2022, Greenland exported $402k to New Zealand. The main products that Greenland exported to New Zealand were Processed Crustaceans ($321k), Crustaceans ($80k), and Knit Gloves ($103). Over the past 5 years the exports of Greenland to New Zealand have increased at an annualized rate of 304%, from $375 in 2017 to $402k in 2022.

In 2022, Greenland did not export any services to New Zealand.

New Zealand-Greenland Trade: In 2022, New Zealand exported $41.6k to Greenland. The main products that New Zealand exported to Greenland were Surveying Equipment ($41.6k). Over the past 5 years the exports of New Zealand to Greenland have decreased at an annualized rate of 54.8%,  from $2.21M in 2017 to $41.6k in 2022.

In 2022, New Zealand did not export any services to Greenland.

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $402k to New Zealand. The main products exported from Greenland to New Zealand were Processed Crustaceans ($321k), Crustaceans ($80k), and Knit Gloves ($103). During the last 5 years the exports of Greenland to New Zealand have increased at an annualized rate of 304%, from $375 in 2017 to $402k in 2022.

In 2017, New Zealand exported $41.6k to Greenland. The main products exported from New Zealand to Greenland were Surveying Equipment ($41.6k). During the last 5 years the exports of New Zealand to Greenland have decreased at an annualized rate of 54.8%, from $2.21M in 2022 to $41.6k in 2017.

Exports from Greenland (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Greenland (Flag) (2022)

Latest Data

Trade between Greenland (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
New Zealand
Top DestinationChina$13.1B

This map shows whether countries import more from Greenland or New Zealand. Each country is colored based on the difference in imports they receive from Greenland and New Zealand or the difference in the growth in imports.

In 2022, countries that imported more from Greenland than New Zealand included Denmark ($731M), Iceland ($18.9M), and Ukraine ($8.62M).

In 2022, countries that imported more from New Zealand than Greenland included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - New Zealand

Flow
Scale

This chart compares trade between Greenland and New Zealand by product, considering products traded by both, Greenland and New Zealand.

During 2022, Greenland had a large net trade with New Zealand in the exports of Foodstuffs ($321k), Animal Products ($80k), and Textiles ($103).

During 2017, New Zealand had a large net trade with Greenland in the exports of Instruments ($41.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Greenland and New Zealand. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Greenland.

Product Space of Greenland (Flag) and New Zealand (Flag) (2022)

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