Venezuela (VEN) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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Venezuela-Greenland Trade: In 2018, Venezuela exported $3.95k to Greenland. The main products that Venezuela exported to Greenland were N/A. Over the past 6 years the exports of Venezuela to Greenland have increased at an annualized rate of 7.52%, from $2.56k in 2012 to $3.95k in 2018.

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

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

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

Comparison In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Venezuela exported $3.95k to Greenland. There were not main exports from Venezuela to Greenland in 2018. During the last 6 years the exports of Venezuela to Greenland have increased at an annualized rate of 7.52%, from $2.56k in 2012 to $3.95k in 2018.

Greenland does not register exports to Venezuela.

Exports from Venezuela () to Greenland () (2018)

Exports from Greenland () to Venezuela () (2018)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Venezuela than Greenland included Turkey ($597M), Spain ($518M), and United States ($438M).

In 2022, countries that imported more from Greenland than Venezuela included Denmark ($731M), United Kingdom ($86M), and Japan ($77M).

Difference in imports from Greenland () and Venezuela () (2022)

Comparative Advantage Venezuela - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Greenland () (2018)

Exports from Greenland () to Venezuela () (2018)

Market Competitiveness

Difference in imports from Greenland () and Venezuela () (2022)

Comparative Advantage Venezuela - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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