2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Turkey-Greenland Trade: In 2022, Turkey exported $16.6k to Greenland. The main products that Turkey exported to Greenland were Non-Knit Men's Shirts ($12.7k), Base Metal Watches ($769), and Knotted Carpets ($319). Over the past 5 years the exports of Turkey to Greenland have decreased at an annualized rate of 58.7%, from $1.38M in 2017 to $16.6k in 2022.

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

Greenland-Turkey Trade: In 2022, Greenland exported $745 to Turkey. The main products that Greenland exported to Turkey were Excavation Machinery ($732) and Electrical Parts ($13). Over the past 5 years the exports of Greenland to Turkey have decreased at an annualized rate of 41.3%,  from $10.7k in 2017 to $745 in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $16.6k to Greenland. The main products exported from Turkey to Greenland were Non-Knit Men's Shirts ($12.7k), Base Metal Watches ($769), and Knotted Carpets ($319). During the last 5 years the exports of Turkey to Greenland have decreased at an annualized rate of 58.7%, from $1.38M in 2017 to $16.6k in 2022.

In 2017, Greenland exported $745 to Turkey. The main products exported from Greenland to Turkey were Excavation Machinery ($732) and Electrical Parts ($13). During the last 5 years the exports of Greenland to Turkey have decreased at an annualized rate of 41.3%, from $10.7k in 2022 to $745 in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Greenland (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Turkey than Greenland included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, no countries were registered that imported more from Greenland than from Turkey.

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

Comparative Advantage Turkey - Greenland

Flow
Scale

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

During 2022, Turkey had a large net trade with Greenland in the exports of Textiles ($13.4k), Instruments ($769), and Wood Products ($414).

During 2017, Greenland had a large net trade with Turkey in the exports of Machines ($745).

Economic Complexity

Competitive Landscape

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

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

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