Greenland (GRL) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Greenland-Malaysia Trade: In 2021, Greenland exported $125k to Malaysia. The main products that Greenland exported to Malaysia were N/A. Over the past 5 years the exports of Greenland to Malaysia have increased at an annualized rate of 4.88%, from $98.5k in 2016 to $125k in 2021.

In 2021, Greenland did not export any services to Malaysia.

Malaysia-Greenland Trade: In 2021, Malaysia exported $26 to Greenland. The main products that Malaysia exported to Greenland were Rolled Tobacco ($26). Over the past 5 years the exports of Malaysia to Greenland have decreased at an annualized rate of 68.9%, from $299k in 2016 to $26 in 2021.

In 2021, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Greenland exported $125k to Malaysia. There were not main exports from Greenland to Malaysia in 2021. During the last 5 years the exports of Greenland to Malaysia have increased at an annualized rate of 4.88%, from $98.5k in 2016 to $125k in 2021.

In 2017, Malaysia exported $26 to Greenland. The main products exported from Malaysia to Greenland were Rolled Tobacco ($26). During the last 5 years the exports of Malaysia to Greenland have decreased at an annualized rate of 68.9%, from $299k in 2022 to $26 in 2017.

Exports from Greenland () to Malaysia () (2022)

Exports from Malaysia () to Greenland () (2022)

Latest Data

Trade between Greenland () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Malaysia
Top DestinationSingapore$53.8B

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

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

In 2022, countries that imported more from Malaysia than Greenland included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Greenland - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Greenland had a large net trade with Malaysia in the exports of .

During 2017, Malaysia had a large net trade with Greenland in the exports of Foodstuffs ($26).

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 Greenland and Malaysia. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Greenland.

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Malaysia () (2022)

Exports from Malaysia () to Greenland () (2022)

Latest Data

Trade between Greenland () and Malaysia ()

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Greenland - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Malaysia () (2022)

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