2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Thailand-Greenland Trade: In 2022, Thailand exported $207k to Greenland. The main products that Thailand exported to Greenland were Precious Stones ($177k), Rice ($17.1k), and Wood Ornaments ($10.1k). Over the past 5 years the exports of Thailand to Greenland have decreased at an annualized rate of 28.3%, from $1.09M in 2017 to $207k in 2022.

In 2022, Thailand did not export any services to Greenland.

Greenland-Thailand Trade: In 2022, Greenland exported $7.19M to Thailand. The main products that Greenland exported to Thailand were Crustaceans ($3.46M), Precious Stones ($3.23M), and Non-fillet Frozen Fish ($459k). Over the past 5 years the exports of Greenland to Thailand have decreased at an annualized rate of 2.59%,  from $8.2M in 2017 to $7.19M in 2022.

In 2022, Greenland did not export any services to Thailand.

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). 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 2022, Thailand exported $207k to Greenland. The main products exported from Thailand to Greenland were Precious Stones ($177k), Rice ($17.1k), and Wood Ornaments ($10.1k). During the last 5 years the exports of Thailand to Greenland have decreased at an annualized rate of 28.3%, from $1.09M in 2017 to $207k in 2022.

In 2017, Greenland exported $7.19M to Thailand. The main products exported from Greenland to Thailand were Crustaceans ($3.46M), Precious Stones ($3.23M), and Non-fillet Frozen Fish ($459k). During the last 5 years the exports of Greenland to Thailand have decreased at an annualized rate of 2.59%, from $8.2M in 2022 to $7.19M in 2017.

Exports from Thailand (Flag) to Greenland (Flag) (2022)

Exports from Greenland (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Greenland (Flag)

Thailand Exports

Greenland Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Thailand than Greenland included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Greenland than Thailand included Denmark ($731M).

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

Comparative Advantage Thailand - Greenland

Flow
Scale

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

During 2022, Thailand had a large net trade with Greenland in the exports of Precious Metals ($178k), Vegetable Products ($17.2k), and Wood Products ($10.1k).

During 2017, Greenland had a large net trade with Thailand in the exports of Animal Products ($3.96M), Precious Metals ($3.23M), and Plastics and Rubbers ($2.61k).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Greenland (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with