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2022
Flag → Flag
Exports $7.19MRnk 14 / 66
2022
Flag → Flag
Top Product $3.46MCrustaceans
2022
Flag → Flag
Exports $207kRnk 207 / 218
2022
Flag → Flag
Top Product $177kPrecious Stones
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Greenland-Thailand Trade: In 2022, Greenland exported $7.19M to Thailand. The main products that Greenland exported to Thailand were Crustaceans ($3.46M), Precious Stones ($3.23M), and Non-fillet Frozen Fish ($459k). Over the past 5 years the exports of Greenland to Thailand have decreased at an annualized rate of 2.59%, from $8.2M in 2017 to $7.19M in 2022.

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

Thailand-Greenland Trade: In 2022, Thailand exported $207k to Greenland. The main products that Thailand exported to Greenland were Precious Stones ($177k), Rice ($17.1k), and Wood Ornaments ($10.1k). Over the past 5 years the exports of Thailand to Greenland have decreased at an annualized rate of 28.3%,  from $1.09M in 2017 to $207k in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $7.19M to Thailand. The main products exported from Greenland to Thailand were Crustaceans ($3.46M), Precious Stones ($3.23M), and Non-fillet Frozen Fish ($459k). During the last 5 years the exports of Greenland to Thailand have decreased at an annualized rate of 2.59%, from $8.2M in 2017 to $7.19M in 2022.

In 2017, Thailand exported $207k to Greenland. The main products exported from Thailand to Greenland were Precious Stones ($177k), Rice ($17.1k), and Wood Ornaments ($10.1k). During the last 5 years the exports of Thailand to Greenland have decreased at an annualized rate of 28.3%, from $1.09M in 2022 to $207k in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Thailand (Flag)

Greenland Exports

Thailand Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Thailand
Top DestinationUnited States$53.4B

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

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

In 2022, countries that imported more from Thailand than Greenland included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Greenland - Thailand

Flow
Scale

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

During 2022, Greenland had a large net trade with Thailand in the exports of Animal Products ($3.96M), Precious Metals ($3.23M), and Plastics and Rubbers ($2.61k).

During 2017, Thailand had a large net trade with Greenland in the exports of Precious Metals ($178k), Vegetable Products ($17.2k), and Wood Products ($10.1k).

Economic Complexity

Competitive Landscape

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

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

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