2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

India-Greenland Trade: In 2023, India exported $53.7k to Greenland. The main products that India exported to Greenland were Leather Apparel ($43.1k), Knit Women's Suits ($1.76k), and Bedspreads ($1.69k). Over the past 5 years the exports of India to Greenland have decreased at an annualized rate of 47.4%, from $1.34M in 2018 to $53.7k in 2023.

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

Greenland-India In N/A, Greenland did not export any products to India.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $53.7k to Greenland. The main products exported from India to Greenland were Leather Apparel ($43.1k), Knit Women's Suits ($1.76k), and Bedspreads ($1.69k). During the last 5 years the exports of India to Greenland have decreased at an annualized rate of 47.4%, from $1.34M in 2018 to $53.7k in 2023.

Greenland does not register exports to India. The main products exported from Greenland to India were Precious Stones ($65k).

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Greenland
Top Destination
Denmark$830M

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 2023, countries that imported more from India than Greenland included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Greenland than from India.

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

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 2023, India had a large net trade with Greenland in the exports of Animal Hides ($44.3k), Textiles ($7.73k), and Precious Metals ($1.68k).

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) (2023)

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