Panama (PAN) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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Panama-Greenland Trade: In 2018, Panama exported $4.21k 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 18.9%, from $1.49k in 2012 to $4.21k 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 2023, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Panama exported $4.21k 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 18.9%, from $1.49k in 2012 to $4.21k in 2018.

Greenland does not register exports to Panama.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Panama
Top DestinationChina$1.62B

Greenland
Top DestinationDenmark$830M

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 2023, countries that imported more from Panama than Greenland included China ($1.62B), Japan ($653M), and United States ($385M).

In 2023, countries that imported more from Greenland than Panama included Denmark ($830M), United Kingdom ($89.7M), and Iceland ($38.3M).

Difference in imports from Greenland () and Panama () (2023)

Comparative Advantage Panama - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

Difference in imports from Greenland () and Panama () (2023)

Comparative Advantage Panama - Greenland

Economic Complexity

Competitive Landscape

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

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