2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Macau-Greenland Trade: In 2017, Macau exported $418 to Greenland. The main products that Macau exported to Greenland were N/A. Over the past 6 years the exports of Macau to Greenland have decreased at an annualized rate of 10.4%, from $806 in 2011 to $418 in 2017.

In 2017, Macau did not export any services to Greenland.

Greenland-Macau Trade: In 2017, Greenland exported $287k to Macau. The main products that Greenland exported to Macau were Non-fillet Frozen Fish ($275k), Crustaceans ($6.99k), and Processed Crustaceans ($5.14k). Over the past 6 years the exports of Greenland to Macau have increased at an annualized rate of 3.56%,  from $241k in 2011 to $287k in 2017.

In 2017, Greenland did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B). That same year, Greenland ranked 150 in total exports ($1.66B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Macau exported $418 to Greenland. There were not main exports from Macau to Greenland in 2017. During the last 6 years the exports of Macau to Greenland have decreased at an annualized rate of 10.4%, from $806 in 2011 to $418 in 2017.

In 2018, Greenland exported $287k to Macau. The main products exported from Greenland to Macau were Non-fillet Frozen Fish ($275k), Crustaceans ($6.99k), and Processed Crustaceans ($5.14k). During the last 5 years the exports of Greenland to Macau have increased at an annualized rate of 3.56%, from $241k in 2023 to $287k in 2018.

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

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

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Greenland
Top Destination
Denmark$830M

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

In 2023, countries that imported more from Macau than Greenland included Hong Kong ($1.4B), United States ($107M), and Philippines ($61M).

In 2023, countries that imported more from Greenland than Macau included Denmark ($830M), China ($380M), and United Kingdom ($89.7M).

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

Comparative Advantage Macau - Greenland

Flow
Scale

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

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

During 2018, Greenland had a large net trade with Macau in the exports of Animal Products ($282k) and Foodstuffs ($5.14k).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Greenland (Flag) (2023)

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