2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

India-Greenland Trade: In 2022, India exported $42.1k to Greenland. The main products that India exported to Greenland were Trunks and Cases ($18.1k), Unglazed Ceramics ($6.51k), and Knit Women's Suits ($3.57k). Over the past 5 years the exports of India to Greenland have decreased at an annualized rate of 46.7%, from $978k in 2017 to $42.1k in 2022.

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

Greenland-India Trade: In 2022, Greenland exported $1.33k to India. The main products that Greenland exported to India were Excavation Machinery ($1.33k). Over the past 5 years the exports of Greenland to India have decreased at an annualized rate of 34.1%,  from $10.7k in 2017 to $1.33k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $42.1k to Greenland. The main products exported from India to Greenland were Trunks and Cases ($18.1k), Unglazed Ceramics ($6.51k), and Knit Women's Suits ($3.57k). During the last 5 years the exports of India to Greenland have decreased at an annualized rate of 46.7%, from $978k in 2017 to $42.1k in 2022.

In 2017, Greenland exported $1.33k to India. The main products exported from Greenland to India were Excavation Machinery ($1.33k). During the last 5 years the exports of Greenland to India have decreased at an annualized rate of 34.1%, from $10.7k in 2022 to $1.33k in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from India than Greenland included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Greenland than from India.

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

Comparative Advantage India - Greenland

Flow
Scale

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

During 2022, India had a large net trade with Greenland in the exports of Animal Hides ($18.1k), Textiles ($14.8k), and Stone And Glass ($6.51k).

During 2017, Greenland had a large net trade with India in the exports of Machines ($1.33k).

Economic Complexity

Competitive Landscape

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

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

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