2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
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About

Japan-Greenland Trade: In 2022, Japan exported $49k to Greenland. The main products that Japan exported to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). Over the past 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%, from $3.02M in 2017 to $49k in 2022.

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

Greenland-Japan Trade: In 2022, Greenland exported $77M to Japan. The main products that Greenland exported to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). Over the past 5 years the exports of Greenland to Japan have increased at an annualized rate of 0.91%,  from $71M in 2017 to $77M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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
Value

In 2022, Japan exported $49k to Greenland. The main products exported from Japan to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). During the last 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%, from $3.02M in 2017 to $49k in 2022.

In 2017, Greenland exported $77M to Japan. The main products exported from Greenland to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). During the last 5 years the exports of Greenland to Japan have increased at an annualized rate of 0.91%, from $71M in 2022 to $77M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Japan than Greenland included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Greenland

Flow
Scale

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

During 2022, Japan had a large net trade with Greenland in the exports of Transportation ($44.1k), Instruments ($2.7k), and Machines ($2.27k).

During 2017, Greenland had a large net trade with Japan in the exports of Animal Products ($67.4M), Foodstuffs ($9.58M), and Precious Metals ($7.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Greenland+N/AN/A
Top Product Potential Greenland Japan+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 Japan and Greenland. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Japan.

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

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