2022
Flag  
GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC 
$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH
61.2%CURRENT US$
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About

Panama-Greenland Trade: In 2018, Panama exported $3.86k to Greenland. The main products that Panama exported to Greenland were N/A. Over the past 6 years the exports of Panama to Greenland have increased at an annualized rate of 19.4%, from $1.33k in 2012 to $3.86k in 2018.

In 2018, Panama did not export any services to Greenland.

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

In 2018, Greenland did not export any services to Panama.

Comparison In 2022,  Panama ranked 56 in the Economic Complexity Index (ECI 0.17),  and 119 in total exports ($6.62B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Panama exported $3.86k to Greenland. There were not main exports from Panama to Greenland in 2018. During the last 6 years the exports of Panama to Greenland have increased at an annualized rate of 19.4%, from $1.33k in 2012 to $3.86k in 2018.

Greenland does not register exports to Panama.

Exports from Panama (Flag) to Greenland (Flag) (2018)

Exports from Greenland (Flag) to Panama (Flag) (2018)

Market Competitiveness

Color
Panama
Top Destination
China$1.14B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Panama than Greenland included China ($1.14B), Japan ($785M), and South Korea ($539M).

In 2022, countries that imported more from Greenland than Panama included Denmark ($731M), United Kingdom ($86M), and Iceland ($18.9M).

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

Comparative Advantage Panama - Greenland

Flow
Scale

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

During 2018, Panama had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Panama (Flag) and Greenland (Flag) (2018)

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