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Pricing

2022
Flag → Flag
Exports $1.56MRnk 160 / 208
2022
Flag → Flag
Top Product $654kTwine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials
2022
Flag → Flag
Exports $2.75MRnk 105 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Portugal-Greenland Trade: In 2022, Portugal exported $1.56M to Greenland. The main products that Portugal exported to Greenland were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($654k), Stranded Iron Wire ($516k), and Recreational Boats ($240k). Over the past 5 years the exports of Portugal to Greenland have increased at an annualized rate of 19.3%, from $645k in 2017 to $1.56M in 2022.

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

Greenland-Portugal Trade: In 2022, Greenland exported $2.75M to Portugal. The main products that Greenland exported to Portugal were N/A. Over the past 5 years the exports of Greenland to Portugal have decreased at an annualized rate of 41.8%,  from $41.3M in 2017 to $2.75M in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €46.7k and imported €0 from Greenland, resulting in a positive trade balance of €46.7k. Between June 2023 and June 2024 the exports of Portugal have decreased by €-1.8k (-3.72%) from €48.5k to €46.7k, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In June 2024, the top exports of Portugal to Greenland were Iron or steel articles (€60.9k), Machinery, mechanical appliances, & parts (€22.4k), Aluminum articles (€7.65k), Wadding, felt, nonwovens, twin, ropes, &... (€836), and Perfumery & cosmetics (€821). In June 2024 the top imports of Portugal from Greenland were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In June 2024, the decrease in Portugal's year-by-year exports to Greenland was explained primarily by an decrease in product exports in Wadding, felt, nonwovens, twin, ropes, &... (€-13.4k or -94.1%), Miscellaneous metal products (€-1.15k or -100%), and Glass & glassware (€-578 or -100%). In June 2024, the change in Portugal's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-1.8k(-3.72%)
IMPORT GROWTH (June 2023 - June 2024)€0(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Greenland and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greenland and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.56M to Greenland. The main products exported from Portugal to Greenland were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($654k), Stranded Iron Wire ($516k), and Recreational Boats ($240k). During the last 5 years the exports of Portugal to Greenland have increased at an annualized rate of 19.3%, from $645k in 2017 to $1.56M in 2022.

In 2016, Greenland exported $2.75M to Portugal. There were not main exports from Greenland to Portugal in 2016. During the last 5 years the exports of Greenland to Portugal have decreased at an annualized rate of 41.8%, from $41.3M in 2021 to $2.75M in 2016.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Portugal than Greenland included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Greenland

Flow
Scale

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

During 2022, Portugal had a large net trade with Greenland in the exports of Textiles ($771k), Metals ($526k), and Transportation ($242k).

During 2016, Greenland had a large net trade with Portugal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Greenland+N/AN/A
Top Product Potential Greenland Portugal+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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