Greenland (GRL) and Romania (ROU) Trade | The Observatory of Economic Complexity

About

Greenland-Romania Trade: In 2016, Greenland exported $377k to Romania. The main products that Greenland exported to Romania were N/A. Over the past 15 years the exports of Greenland to Romania have increased at an annualized rate of 76.7%, from $74 in 2001 to $377k in 2016.

In 2016, Greenland did not export any services to Romania.

Romania-Greenland Trade: In 2016, Romania exported $462 to Greenland. The main products that Romania exported to Greenland were Knitted Hats ($337), Leather Footwear ($118), and Footwear Parts ($7). Over the past 15 years the exports of Romania to Greenland have decreased at an annualized rate of 64.5%, from $81.9k in 2001 to $462 in 2016.

In 2016, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2016, Greenland exported $377k to Romania. There were not main exports from Greenland to Romania in 2016. During the last 15 years the exports of Greenland to Romania have increased at an annualized rate of 76.7%, from $74 in 2001 to $377k in 2016.

In 2017, Romania exported $462 to Greenland. The main products exported from Romania to Greenland were Knitted Hats ($337), Leather Footwear ($118), and Footwear Parts ($7). During the last 5 years the exports of Romania to Greenland have decreased at an annualized rate of 64.5%, from $81.9k in 2022 to $462 in 2017.

Exports from Greenland () to Romania () (2022)

Exports from Romania () to Greenland () (2022)

Latest Data

Trade between Greenland () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Greenland than Romania included Denmark ($731M).

In 2022, countries that imported more from Romania than Greenland included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania () and Greenland () (2022)

Comparative Advantage Greenland - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Greenland had a large net trade with Romania in the exports of .

During 2017, Romania had a large net trade with Greenland in the exports of Footwear and Headwear ($462).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Romania () (2022)

Exports from Romania () to Greenland () (2022)

Latest Data

Trade between Greenland () and Romania ()

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Greenland () (2022)

Comparative Advantage Greenland - Romania

Economic Complexity

Competitive Landscape

Product Space of Greenland () and Romania () (2022)

Keep Exploring