2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%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.

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 Destination
N/AN/A
Greenland
Top Destination
N/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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