Greenland (GRL) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Greenland-Saudi Arabia Trade: In 2021, Greenland exported $1.2k to Saudi Arabia. The main products that Greenland exported to Saudi Arabia were N/A. Over the past 6 years the exports of Greenland to Saudi Arabia have decreased at an annualized rate of 47%, from $54.4k in 2015 to $1.2k in 2021.

In 2021, Greenland did not export any services to Saudi Arabia.

Saudi Arabia-Greenland Trade: In 2021, Saudi Arabia exported $123k to Greenland. The main products that Saudi Arabia exported to Greenland were N/A. Over the past 6 years the exports of Saudi Arabia to Greenland have increased at an annualized rate of 72.4%, from $4.68k in 2015 to $123k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Greenland exported $1.2k to Saudi Arabia. There were not main exports from Greenland to Saudi Arabia in 2021. During the last 6 years the exports of Greenland to Saudi Arabia have decreased at an annualized rate of 47%, from $54.4k in 2015 to $1.2k in 2021.

In 2010, Saudi Arabia exported $123k to Greenland. There were not main exports from Saudi Arabia to Greenland in 2010. During the last 5 years the exports of Saudi Arabia to Greenland have increased at an annualized rate of 72.4%, from $4.68k in 2015 to $123k in 2010.

Exports from Greenland () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Greenland () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Greenland than Saudi Arabia included Denmark ($731M) and Kyrgyzstan ($161k).

In 2022, countries that imported more from Saudi Arabia than Greenland included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Greenland () (2022)

Comparative Advantage Greenland - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Greenland had a large net trade with Saudi Arabia in the exports of .

During 2010, Saudi Arabia had a large net trade with Greenland in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greenland () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Greenland () (2021)

Market Competitiveness

Difference in imports from Saudi Arabia () and Greenland () (2022)

Comparative Advantage Greenland - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Saudi Arabia () (2021)

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