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2023
Flag → Flag
Exports $4MRnk 15 / 76
2023
Flag → Flag
Top Product $3.63MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $786Rnk 217 / 217
2023
Flag → Flag
Top Product $786Other Rubber Products
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Greenland-Singapore Trade: In 2023, Greenland exported $4M to Singapore. The main products that Greenland exported to Singapore were Non-fillet Frozen Fish ($3.63M), Gas Turbines ($163k), and Processed Crustaceans ($75.5k). Over the past 8 years the exports of Greenland to Singapore have increased at an annualized rate of 44.4%, from $212k in 2015 to $4M in 2023.

In 2023, Greenland did not export any services to Singapore.

Singapore-Greenland Trade: In 2023, Singapore exported $786 to Greenland. The main products that Singapore exported to Greenland were Other Rubber Products ($786). Over the past 8 years the exports of Singapore to Greenland have decreased at an annualized rate of 51.2%,  from $28.3k in 2015 to $786 in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $4M to Singapore. The main products exported from Greenland to Singapore were Non-fillet Frozen Fish ($3.63M), Gas Turbines ($163k), and Processed Crustaceans ($75.5k). During the last 8 years the exports of Greenland to Singapore have increased at an annualized rate of 44.4%, from $212k in 2015 to $4M in 2023.

In 2018, Singapore exported $786 to Greenland. The main products exported from Singapore to Greenland were Other Rubber Products ($786). During the last 5 years the exports of Singapore to Greenland have decreased at an annualized rate of 51.2%, from $28.3k in 2023 to $786 in 2018.

Exports from Greenland (Flag) to Singapore (Flag) (2023)

Exports from Singapore (Flag) to Greenland (Flag) (2023)

Latest Data

Trade between Greenland (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
Singapore
Top DestinationHong Kong$44.5B

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 2023, countries that imported more from Greenland than Singapore included Iceland ($38.3M).

In 2023, countries that imported more from Singapore than Greenland included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

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 2023, Greenland had a large net trade with Singapore in the exports of Animal Products ($3.69M), Machines ($163k), and Foodstuffs ($75.5k).

During 2018, Singapore had a large net trade with Greenland in the exports of Plastics and Rubbers ($786).

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) (2023)

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