2022
Exports
$397kWorld Rnk 175 / 210
Flag Rnk 16 / 71
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.8Rnk 244 / 1025
2022
Imports
$1.58MWorld Rnk 200 / 224
Flag Rnk 52 / 96

About

Exports In 2022, Greenland exported $397k in Animal or vegetable fats, oils, & waxes, making it the 175th largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 16th most exported product in Greenland. The main destination of Animal or vegetable fats, oils, & waxes exports from Greenland are: Iceland ($397k) and Netherlands ($90).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Greenland between 2021 and 2022 were Iceland ($48.8k) and Netherlands ($90).

Imports In 2022, Greenland imported $1.58M in Animal or vegetable fats, oils, & waxes, becoming the 200th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 52nd most imported product in Greenland. Greenland imports Animal or vegetable fats, oils, & waxes primarily from: Denmark ($1.58M), Germany ($1.06k), Iceland ($848), Sweden ($99), and Finland ($34).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Greenland between 2021 and 2022 were Denmark ($50k), Germany ($1.06k), and Sweden ($99).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal or vegetable fats, oils, & waxes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$397k
IMPORTS (2022)$1.58M
NET TRADE (2022)-$1.18M

In 2022, Greenland exported $397k in Animal or vegetable fats, oils, & waxes. The main destinations of Greenland exports on Animal or vegetable fats, oils, & waxes were Iceland ($397k) and Netherlands ($90).

In 2022, Greenland imported $1.58M in Animal or vegetable fats, oils, & waxes, mainly from Denmark ($1.58M), Germany ($1.06k), Iceland ($848), Sweden ($99), and Finland ($34).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Greenland WERE (2021 - 2022):
Iceland$48.8k (14%)
Netherlands$90 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Greenland WERE (2021 - 2022):Denmark-$8.25k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greenland's main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Greenland's main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Animal or vegetable fats, oils, & waxes’s highest export potential is N/A. With an export gap of N/A.   Animal or vegetable fats, oils, & waxes’s highest import potential is N/A with an import gap of N/A.

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