2023
Flag
 GDP
$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH
77.5%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$18,686CURRENT US$
Rnk 65 / 196
2013-2023
Flag
GDP PC GROWTH
52.3%CURRENT US$
Rnk 43 / 195

About

In N/A, Greenland did not export any services to Panama.

Panama-Greenland Trade: In N/A, Panama exported $4.21k to Greenland. The main products that Panama exported to Greenland were N/A. Over the past N/A years the exports of Panama to Greenland have decreased at an annualized rate of 33.3%,  from $31.8k in N/A to $4.21k in N/A.

In N/A, Panama did not export any services to Greenland.

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index. That same year, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

Greenland does not register exports to Panama.

In 2013, Panama exported $4.21k to Greenland. There were not main exports from Panama to Greenland in 2013. During the last 5 years the exports of Panama to Greenland have decreased at an annualized rate of 33.3%, from $31.8k in 2018 to $4.21k in 2013.

Exports from Greenland (Flag) to Panama (Flag) (2018)

Exports from Panama (Flag) to Greenland (Flag) (2018)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Panama
Top Destination
China$1.62B

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

In 2023, countries that imported more from Greenland than Panama included Denmark ($830M), United Kingdom ($89.7M), and Iceland ($38.3M).

In 2023, countries that imported more from Panama than Greenland included China ($1.62B), Japan ($653M), and United States ($385M).

Difference in imports from Panama (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Panama

Flow
Scale

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

During 2013, Panama had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Panama (Flag) (2018)

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