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2022
Flag → Flag
Exports $222kRnk 126 / 0
2022
Flag → Flag
Exports $515kRnk 16 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195

About

South Korea-Greenland Trade: In 2022, South Korea exported $222k to Greenland. The main products that South Korea exported to Greenland were N/A. Over the past 5 years the exports of South Korea to Greenland have increased at an annualized rate of 6.25%, from $164k in 2017 to $222k in 2022.

In 2022, South Korea did not export any services to Greenland.

Greenland-South Korea Trade: In 2022, Greenland exported $515k to South Korea. The main products that Greenland exported to South Korea were N/A. Over the past 5 years the exports of Greenland to South Korea have decreased at an annualized rate of 11.6%,  from $955k in 2017 to $515k in 2022.

In 2022, Greenland did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $1k and imported $264k from Greenland, resulting in a negative trade balance of $263k. Between December 2023 and December 2024 the exports of South Korea have increased by $1k (N/A%) from $0 to $1k, while imports increased by $181k (218%) from $83k to $264k.

Trade In December 2024, the top exports of South Korea to Greenland were Perfumery & cosmetics ($4k), Soap, cleaners, candles, dental, modelling pastes ($1k), Fish, Crustaceans & Molluscs ($0), Preparations of fish, crustacenas, & molluscs ($0), and Knitted clothing accesories ($0). In December 2024 the top imports of South Korea from Greenland were Fish, Crustaceans & Molluscs ($191k), Preparations of fish, crustacenas, & molluscs ($14k), Perfumery & cosmetics ($0), Soap, cleaners, candles, dental, modelling pastes ($0), and Knitted clothing accesories ($0).

Growth In December 2024, the increase in South Korea's year-by-year exports to Greenland was explained primarily by an increase in product exports in . In December 2024, the increase in South Korea's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$1k(N/A%)
IMPORT GROWTH (December 2023 - December 2024)$181k(218%)

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

To check Greenland and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greenland and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $222k to Greenland. There were not main exports from South Korea to Greenland in 2022. During the last 5 years the exports of South Korea to Greenland have increased at an annualized rate of 6.25%, from $164k in 2017 to $222k in 2022.

In 2017, Greenland exported $515k to South Korea. There were not main exports from Greenland to South Korea in 2017. During the last 5 years the exports of Greenland to South Korea have decreased at an annualized rate of 11.6%, from $955k in 2022 to $515k in 2017.

Exports from South Korea (Flag) to Greenland (Flag) (2022)

Exports from Greenland (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationN/AN/A
Greenland
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Greenland (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Greenland

Flow
Scale

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

During 2022, South Korea had a large net trade with Greenland in the exports of .

During 2017, Greenland had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Greenland (Flag) (2022)

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