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Greenland Trade Summary

2017

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 2017

Overall Exports and Imports for Greenland 2017

Exports and imports of Greenland in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 596 million.
  • The total value of imports (CIF) was 760 million.
  • At the HS6 digit level, 539 products were exported to 16 countries and 2,735 products were imported from 129 countries.

Greenland top 5 Export and Import partners 2017

Top five countries to which Greenland exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Greenland exports to Denmark worth US$ 476 million, with a partner share of 79.94 percent.
  2. Greenland exports to Unspecified worth US$ 62 million, with a partner share of 10.42 percent.
  3. Greenland exports to Iceland worth US$ 31 million, with a partner share of 5.24 percent.
  4. Greenland exports to Ireland worth US$ 12 million, with a partner share of 2.00 percent.
  5. Greenland exports to Norway worth US$ 5 million, with a partner share of 0.89 percent.

Top five countries from which Greenland imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Greenland imports from Denmark worth US$ 468 million, with a partner share of 61.54 percent.
  2. Greenland imports from Sweden worth US$ 116 million, with a partner share of 15.31 percent.
  3. Greenland imports from Poland worth US$ 48 million, with a partner share of 6.34 percent.
  4. Greenland imports from France worth US$ 18 million, with a partner share of 2.39 percent.
  5. Greenland imports from China worth US$ 16 million, with a partner share of 2.13 percent.

Greenland Top 5 Productsexports imports at HS 6 digit level 2017

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 153,858.15 (US$ Thousands).
  2. Greenland exported Frozen halibut , worth 108,051.05 (US$ Thousands).
  3. Greenland exported Shrimps and prawns, prepared or preserved , worth 94,971.42 (US$ Thousands).
  4. Greenland exported Fresh or chilled mackerel , worth 42,531.36 (US$ Thousands).
  5. Greenland exported Frozen cod (excl. livers and roes) , worth 40,079.76 (US$ Thousands).

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 114,119.43 (US$ Thousands).
  2. Greenland imported Cargo vessels nes and other vessels for the tra , worth 44,990.53 (US$ Thousands).
  3. Greenland imported Aircraft parts nes , worth 21,542.90 (US$ Thousands).
  4. Greenland imported Tableware and kitchenware of porcelain or china , worth 15,833.49 (US$ Thousands).
  5. Greenland imported Warships, lifeboats, hospital ships and vessels , worth 13,733.30 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Greenland in 2017 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 2017

Key Development Indicators of Greenland in 2017 are below

  • Greenland GDP in current US dollar was 2,852 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Greenland Trade balance: as % of GDP was -2.82.
  • Trade balance in current US$ was -80.00 million.
  • Trade as percentage of GDP was 84.21 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2017

Trade Indicators for Greenland in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.31.
  • Index of export market penetration was 1.25.
  • World Growth in percentage was 5.56 and Greenland Country Growth was 3.96 .