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Greenland Trade Summary

2014

Greenland exports, imports, tariff by year.
Greenland monthly trade data
Greenland quarterly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GREENLAND 2014

Overall Exports and Imports for Greenland 2014

Exports and imports of Greenland in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 557 million.
  • The total value of imports (CIF) was 864 million.
  • At the HS6 digit level, 251 products were exported to 11 countries and 2,821 products were imported from 123 countries.

Greenland top 5 Export and Import partners 2014

Top five countries to which Greenland exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Greenland exports to Denmark worth US$ 428 million, with a partner share of 76.93 percent.
  2. Greenland exports to Iceland worth US$ 52 million, with a partner share of 9.41 percent.
  3. Greenland exports to Unspecified worth US$ 41 million, with a partner share of 7.28 percent.
  4. Greenland exports to Portugal worth US$ 29 million, with a partner share of 5.13 percent.
  5. Greenland exports to Netherlands worth US$ 4 million, with a partner share of 0.66 percent.

Top five countries from which Greenland imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Greenland imports from Denmark worth US$ 494 million, with a partner share of 57.23 percent.
  2. Greenland imports from Sweden worth US$ 154 million, with a partner share of 17.80 percent.
  3. Greenland imports from Unspecified worth US$ 92 million, with a partner share of 10.70 percent.
  4. Greenland imports from China worth US$ 18 million, with a partner share of 2.05 percent.
  5. Greenland imports from Germany worth US$ 15 million, with a partner share of 1.75 percent.

Greenland Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Greenland along with trade value are:

  1. Greenland exported Frozen shrimps and prawns , worth US$ 125,693.12 million.
  2. Greenland exported Frozen halibut , worth US$ 115,756.68 million.
  3. Greenland exported Shrimps and prawns, prepared or preserved , worth US$ 112,417.17 million.
  4. Greenland exported Frozen mackerel , worth US$ 58,477.82 million.
  5. Greenland exported Frozen fish fillets , worth US$ 27,336.03 million.

The top five imported HS 6 digit level products from world by Greenland along with trade value are

  1. Greenland imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 152,026.50 million.
  2. Greenland imported Fishing vessels and factory ships , worth US$ 91,484.34 million.
  3. Greenland imported Other medicaments of mixed or unmixed products, , worth US$ 17,609.44 million.
  4. Greenland imported Aircraft parts nes , worth US$ 14,406.98 million.
  5. Greenland imported Aircraft nes of an unladen weight > 2,000 kg bu , worth US$ 11,271.26 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Greenland in 2014 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2014

Key Development Indicators of Greenland in 2014 are below

  • Greenland GDP in current US dollar was 2,842 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Greenland Trade balance: as % of GDP was -10.14.
  • Trade balance in current US$ was -288.00 million.
  • Trade as percentage of GDP was 87.09 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2014

Trade Indicators for Greenland in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.37.
  • Index of export market penetration was 1.33.
  • World Growth in percentage was 0.23 and Greenland Country Growth was -1.97 .