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2022
Flag → Flag
Exports $758kRnk 201 / 221
2022
Flag → Flag
Top Product $297kElectric Furnaces
2022
Flag → Flag
Exports $1.85kRnk 127 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Greenland Trade: In 2022, Italy exported $758k to Greenland. The main products that Italy exported to Greenland were Electric Furnaces ($297k), Forging Machines ($200k), and Eyewear ($63.4k). Over the past 5 years the exports of Italy to Greenland have decreased at an annualized rate of 45%, from $15.1M in 2017 to $758k in 2022.

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

Greenland-Italy Trade: In 2022, Greenland exported $1.85k to Italy. The main products that Greenland exported to Italy were N/A. Over the past 5 years the exports of Greenland to Italy have decreased at an annualized rate of 26.6%,  from $75.5k in 2017 to $1.85k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Greenland, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Greenland were . In N/A the top imports of Italy from Greenland were .

Growth In N/A, the N/A in Italy's year-by-year exports to Greenland was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Greenland and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greenland and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $758k to Greenland. The main products exported from Italy to Greenland were Electric Furnaces ($297k), Forging Machines ($200k), and Eyewear ($63.4k). During the last 5 years the exports of Italy to Greenland have decreased at an annualized rate of 45%, from $15.1M in 2017 to $758k in 2022.

In 2016, Greenland exported $1.85k to Italy. There were not main exports from Greenland to Italy in 2016. During the last 5 years the exports of Greenland to Italy have decreased at an annualized rate of 26.6%, from $75.5k in 2021 to $1.85k in 2016.

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

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

Market Competitiveness

Color
Italy
Top DestinationN/AN/A
Greenland
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Italy - Greenland

Flow
Scale

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

During 2022, Italy had a large net trade with Greenland in the exports of Machines ($530k), Instruments ($98.8k), and Textiles ($74.9k).

During 2016, Greenland had a large net trade with Italy in the exports of .

Economic Complexity

Competitive Landscape

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

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

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