2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Greenland-Dominican Republic Trade: In 2022, Greenland exported $1.2k to Dominican Republic. The main products that Greenland exported to Dominican Republic were Knit T-shirts ($704), Paper Containers ($381), and Knit Women's Undergarments ($103). Over the past 6 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 10.3%, from $668 in 2016 to $1.2k in 2022.

In 2022, Greenland did not export any services to Dominican Republic.

Dominican Republic-Greenland Trade: In 2022, Dominican Republic exported $8.11k to Greenland. The main products that Dominican Republic exported to Greenland were N/A. Over the past 6 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.5%,  from $315 in 2016 to $8.11k in 2022.

In 2022, Dominican Republic did not export any services to Greenland.

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $1.2k to Dominican Republic. The main products exported from Greenland to Dominican Republic were Knit T-shirts ($704), Paper Containers ($381), and Knit Women's Undergarments ($103). During the last 6 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 10.3%, from $668 in 2016 to $1.2k in 2022.

In 2013, Dominican Republic exported $8.11k to Greenland. There were not main exports from Dominican Republic to Greenland in 2013. During the last 5 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.5%, from $315 in 2018 to $8.11k in 2013.

Exports from Greenland (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Greenland (Flag) (2022)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Greenland than Dominican Republic included Denmark ($731M), Iceland ($18.9M), and Norway ($20.2M).

In 2022, countries that imported more from Dominican Republic than Greenland included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - Dominican Republic

Flow
Scale

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

During 2022, Greenland had a large net trade with Dominican Republic in the exports of Textiles ($823) and Paper Goods ($381).

During 2013, Dominican Republic had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Dominican Republic (Flag) (2022)

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