Greenland (GRL) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Greenland-Chinese Taipei Trade: In 2022, Greenland exported $51.1M to Chinese Taipei. The main products that Greenland exported to Chinese Taipei were Non-fillet Frozen Fish ($50.2M), Crustaceans ($805k), and Processed Crustaceans ($103k). Over the past 5 years the exports of Greenland to Chinese Taipei have increased at an annualized rate of 18.2%, from $22.1M in 2017 to $51.1M in 2022.

In 2022, Greenland did not export any services to Chinese Taipei.

Chinese Taipei-Greenland Trade: In 2022, Chinese Taipei exported $3.26k to Greenland. The main products that Chinese Taipei exported to Greenland were N/A. Over the past 5 years the exports of Chinese Taipei to Greenland have decreased at an annualized rate of 56.7%, from $214k in 2017 to $3.26k in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greenland exported $51.1M to Chinese Taipei. The main products exported from Greenland to Chinese Taipei were Non-fillet Frozen Fish ($50.2M), Crustaceans ($805k), and Processed Crustaceans ($103k). During the last 5 years the exports of Greenland to Chinese Taipei have increased at an annualized rate of 18.2%, from $22.1M in 2017 to $51.1M in 2022.

In 2016, Chinese Taipei exported $3.26k to Greenland. There were not main exports from Chinese Taipei to Greenland in 2016. During the last 5 years the exports of Chinese Taipei to Greenland have decreased at an annualized rate of 56.7%, from $214k in 2021 to $3.26k in 2016.

Exports from Greenland () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Greenland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Greenland included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Greenland () (2022)

Comparative Advantage Greenland - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Chinese Taipei in the exports of Animal Products ($51M), Foodstuffs ($103k), and Machines ($269).

During 2016, Chinese Taipei had a large net trade with Greenland 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 Greenland and Chinese Taipei. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Greenland.

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Historical Data

Bilateral Trade by Products

Exports from Greenland () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Greenland () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Greenland () (2022)

Comparative Advantage Greenland - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Chinese Taipei () (2022)

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