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2022
Flag → Flag
Exports $543kRnk 27 / 66
2022
Flag → Flag
Exports $4.57kRnk 214 / 215
2022
Flag → Flag
Top Product $3.45kAudio Alarms
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Greenland-Singapore Trade: In 2022, Greenland exported $543k to Singapore. The main products that Greenland exported to Singapore were N/A. Over the past 8 years the exports of Greenland to Singapore have increased at an annualized rate of 64%, from $10.4k in 2014 to $543k in 2022.

In 2022, Greenland did not export any services to Singapore.

Singapore-Greenland Trade: In 2022, Singapore exported $4.57k to Greenland. The main products that Singapore exported to Greenland were Audio Alarms ($3.45k) and Base Metal Watches ($1.12k). Over the past 8 years the exports of Singapore to Greenland have decreased at an annualized rate of 48.4%,  from $124k in 2014 to $4.57k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $543k to Singapore. There were not main exports from Greenland to Singapore in 2022. During the last 8 years the exports of Greenland to Singapore have increased at an annualized rate of 64%, from $10.4k in 2014 to $543k in 2022.

In 2017, Singapore exported $4.57k to Greenland. The main products exported from Singapore to Greenland were Audio Alarms ($3.45k) and Base Metal Watches ($1.12k). During the last 5 years the exports of Singapore to Greenland have decreased at an annualized rate of 48.4%, from $124k in 2022 to $4.57k in 2017.

Exports from Greenland (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Greenland (Flag) (2022)

Latest Data

Trade between Greenland (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Greenland included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - Singapore

Flow
Scale

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

During 2022, Greenland had a large net trade with Singapore in the exports of Animal Products ($505k), Foodstuffs ($38.2k), and Machines ($505).

During 2017, Singapore had a large net trade with Greenland in the exports of Machines ($3.45k) and Instruments ($1.12k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Singapore (Flag) (2022)

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