2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

South Africa-Greenland Trade: In 2022, South Africa exported $11 to Greenland. The main products that South Africa exported to Greenland were Brochures ($11). Over the past 6 years the exports of South Africa to Greenland have decreased at an annualized rate of 83.4%, from $520k in 2016 to $11 in 2022.

In 2022, South Africa did not export any services to Greenland.

Greenland-South Africa Trade: In 2022, Greenland exported $766 to South Africa. The main products that Greenland exported to South Africa were Leather Footwear ($356), Broadcasting Equipment ($301), and Non-Knit Men's Suits ($99). Over the past 6 years the exports of Greenland to South Africa have increased at an annualized rate of 17.7%,  from $339 in 2016 to $766 in 2022.

In 2022, Greenland did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $11 to Greenland. The main products exported from South Africa to Greenland were Brochures ($11). During the last 6 years the exports of South Africa to Greenland have decreased at an annualized rate of 83.4%, from $520k in 2016 to $11 in 2022.

In 2017, Greenland exported $766 to South Africa. The main products exported from Greenland to South Africa were Leather Footwear ($356), Broadcasting Equipment ($301), and Non-Knit Men's Suits ($99). During the last 5 years the exports of Greenland to South Africa have increased at an annualized rate of 17.7%, from $339 in 2022 to $766 in 2017.

Exports from South Africa (Flag) to Greenland (Flag) (2022)

Exports from Greenland (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from South Africa than Greenland included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Greenland than South Africa included Denmark ($731M) and Iceland ($18.9M).

Difference in imports from Greenland (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Greenland

Flow
Scale

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

During 2022, South Africa had a large net trade with Greenland in the exports of Paper Goods ($11).

During 2017, Greenland had a large net trade with South Africa in the exports of Footwear and Headwear ($356), Machines ($301), and Textiles ($99).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (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