Mexico (MEX) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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Mexico-Greenland Trade: In 2018, Mexico exported $59.8k to Greenland. The main products that Mexico exported to Greenland were N/A. Over the past 5 years the exports of Mexico to Greenland have increased at an annualized rate of 8.6%, from $39.6k in 2013 to $59.8k in 2018.

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

Greenland-Mexico Trade: In 2018, Greenland exported $31.4k to Mexico. The main products that Greenland exported to Mexico were N/A. Over the past 5 years the exports of Greenland to Mexico have decreased at an annualized rate of 0.59%, from $32.5k in 2013 to $31.4k in 2018.

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

Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $59.8k to Greenland. There were not main exports from Mexico to Greenland in 2018. During the last 5 years the exports of Mexico to Greenland have increased at an annualized rate of 8.6%, from $39.6k in 2013 to $59.8k in 2018.

In 2005, Greenland exported $31.4k to Mexico. There were not main exports from Greenland to Mexico in 2005. During the last 5 years the exports of Greenland to Mexico have decreased at an annualized rate of 0.59%, from $32.5k in 2010 to $31.4k in 2005.

Exports from Mexico () to Greenland () (2018)

Exports from Greenland () to Mexico () (2018)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Mexico than Greenland included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

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

Comparative Advantage Mexico - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2005, Greenland had a large net trade with Mexico 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 Mexico and Greenland. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Greenland () (2018)

Exports from Greenland () to Mexico () (2018)

Market Competitiveness

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

Comparative Advantage Mexico - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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