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Pricing

2023
Flag → Flag
Exports $3.13kRnk 61 / 76
2023
Flag → Flag
Top Product $1.41kAluminium Wire
2023
Flag → Flag
Exports $123kRnk 143 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Greenland-Saudi Arabia Trade: In 2023, Greenland exported $3.13k to Saudi Arabia. The main products that Greenland exported to Saudi Arabia were Aluminium Wire ($1.41k), Other Rubber Products ($1.02k), and Precious Stones ($700). Over the past 5 years the exports of Greenland to Saudi Arabia have decreased at an annualized rate of 48.6%, from $87.5k in 2018 to $3.13k in 2023.

In 2023, Greenland did not export any services to Saudi Arabia.

Saudi Arabia-Greenland Trade: In 2023, Saudi Arabia exported $123k to Greenland. The main products that Saudi Arabia exported to Greenland were N/A. Over the past 5 years the exports of Saudi Arabia to Greenland have increased at an annualized rate of 92.3%,  from $4.68k in 2018 to $123k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $3.13k to Saudi Arabia. The main products exported from Greenland to Saudi Arabia were Aluminium Wire ($1.41k), Other Rubber Products ($1.02k), and Precious Stones ($700). During the last 5 years the exports of Greenland to Saudi Arabia have decreased at an annualized rate of 48.6%, from $87.5k in 2018 to $3.13k in 2023.

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 92.3%, from $4.68k in 2015 to $123k in 2010.

Exports from Greenland (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Greenland (Flag) (2023)

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
Saudi Arabia
Top DestinationChina$64.4B

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 2023, countries that imported more from Greenland than Saudi Arabia included Denmark ($830M), Norway ($41.1M), and Iceland ($38.3M).

In 2023, countries that imported more from Saudi Arabia than Greenland included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Saudi Arabia

Flow
Scale

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

During 2023, Greenland had a large net trade with Saudi Arabia in the exports of Metals ($1.41k), Plastics and Rubbers ($1.02k), and Precious Metals ($700).

During 2010, Saudi Arabia 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 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.

Product Space of Greenland (Flag) and Saudi Arabia (Flag) (2023)

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