Netherlands-Greenland Bilateral Trade Analysis 2023
Complete trade statistics: $14.09M total volume •Netherlands surplus: $6.56M
Netherlands → Greenland
$10.33M
Exports (2023)
Greenland → Netherlands
$3.77M
Imports (2023)
Trade Balance
$6.56M
Surplus for Netherlands
Total Trade
$14.09M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and Greenland. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Greenland commercial relationship and competitive positioning in global markets.
Netherlands → Greenland Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to Greenland demonstrates strategic specialization, with paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard representing a key competitive advantage in this bilateral market.
Greenland → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands's import pattern from Greenland reveals significant dependencyin feldspar, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Netherlands demonstrates competitive strength in exportingpaper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard to Greenland, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $14.09M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-Greenland Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $14.09 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a surplus of $6.56 million
- Export Focus: Netherlands's primary exports include paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, printed matter: pictures, designs and photographs, n.e.c. in item no. 4911.10
- Import Dependencies: Key imports from Greenland include feldspar, pebbles, gravel, broken or crushed stone: of a kind commonly used for concrete aggregates, for road metalling or for railway or other ballast, shingle and flint, whether or not heat-treated, aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $14.09M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Netherlands leveraging its comparative advantages in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Netherlands's specialization in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboardcomplements Greenland's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in feldspar.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $14.09M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $14.09M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $14.09 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard and feldspar demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade surplus of $6.56 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Netherlands and Greenland represents a total trade volume of $14.09 million in 2023. This partnership demonstrates a favorable trade balance for Netherlands, with exports exceeding importsby $6.56 million.
Export Strengths
Netherlands's exports to Greenland total $10.33 million, with competitive advantages in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, representing $2.24M or21.7% of bilateral exports.
Import Dependencies
Imports from Greenland amount to $3.77 million, highlighting economic interdependence in feldspar, with Feldspar comprising64.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Netherlands's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Netherlands and Greenland in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023