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Greenland Trade Summary

2018

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 2018

Overall Exports and Imports for Greenland 2018

Exports and imports of Greenland in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 641 million.
  • The total value of imports (CIF) was 829 million.
  • At the HS6 digit level, 262 products were exported to 15 countries and 2,758 products were imported from 143 countries.

Greenland top 5 Export and Import partners 2018

Top five countries to which Greenland exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Greenland exports to Denmark worth US$ 547 million, with a partner share of 85.30 percent.
  2. Greenland exports to Unspecified worth US$ 50 million, with a partner share of 7.74 percent.
  3. Greenland exports to Latvia worth US$ 24 million, with a partner share of 3.73 percent.
  4. Greenland exports to Portugal worth US$ 6 million, with a partner share of 0.94 percent.
  5. Greenland exports to Russian Federation worth US$ 4 million, with a partner share of 0.66 percent.

Top five countries from which Greenland imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Greenland imports from Denmark worth US$ 449 million, with a partner share of 54.21 percent.
  2. Greenland imports from Sweden worth US$ 142 million, with a partner share of 17.11 percent.
  3. Greenland imports from Spain worth US$ 95 million, with a partner share of 11.50 percent.
  4. Greenland imports from Germany worth US$ 21 million, with a partner share of 2.56 percent.
  5. Greenland imports from China worth US$ 20 million, with a partner share of 2.43 percent.

Greenland Top 5 Productsexports imports at HS 6 digit level 2018

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

  1. Greenland exported Frozen halibut , worth 141,154.69 (US$ Thousands).
  2. Greenland exported Frozen shrimps and prawns , worth 136,888.41 (US$ Thousands).
  3. Greenland exported Shrimps and prawns, prepared or preserved , worth 127,828.91 (US$ Thousands).
  4. Greenland exported Fresh or chilled mackerel , worth 48,784.32 (US$ Thousands).
  5. Greenland exported Frozen fish fillets , worth 44,972.12 (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 135,298.94 (US$ Thousands).
  2. Greenland imported Fishing vessels and factory ships , worth 91,456.50 (US$ Thousands).
  3. Greenland imported Aircraft parts nes , worth 18,763.73 (US$ Thousands).
  4. Greenland imported Other medicaments of mixed or unmixed products, , worth 12,418.68 (US$ Thousands).
  5. Greenland imported Other bread, etc, nes; communion wafers, rice p , worth 9,719.67 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Greenland in 2018 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 2018

Key Development Indicators of Greenland in 2018 are below

  • Greenland GDP in current US dollar was 3,056 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Greenland Trade balance: as % of GDP was -0.87.
  • Trade balance in current US$ was -27.00 million.
  • Trade as percentage of GDP was 89.78 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2018

Trade Indicators for Greenland in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 1.37.
  • World Growth in percentage was 4.91 and Greenland Country Growth was 6.97 .