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Exports In 2022, Greenland exported $542M in Crustaceans, making it the 11th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 1st most exported product in Greenland. The main destination of Crustaceans exports from Greenland are: Denmark ($273M), China ($165M), Japan ($25.1M), United States ($19.9M), and Norway ($15.5M).

The fastest growing export markets for Crustaceans of Greenland between 2021 and 2022 were China ($91.5M), Denmark ($14.9M), and Morocco ($4.41M).

Imports In 2022, Greenland imported $482k in Crustaceans, becoming the 135th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 247th most imported product in Greenland. Greenland imports Crustaceans primarily from: Denmark ($477k), Germany ($4.78k), and Sweden ($297).

The fastest growing import markets in Crustaceans for Greenland between 2021 and 2022 were Denmark ($229k), Germany ($4.78k), and Sweden ($297).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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 Crustaceans. 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

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EXPORTS (2022)$542M
IMPORTS (2022)$482k
NET TRADE (2022)$541M

In 2022, Greenland exported $542M in Crustaceans. The main destinations of Greenland exports on Crustaceans were Denmark ($273M), China ($165M), Japan ($25.1M), United States ($19.9M), and Norway ($15.5M).

In 2022, Greenland imported $482k in Crustaceans, mainly from Denmark ($477k), Germany ($4.78k), and Sweden ($297).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Greenland WERE (2021 - 2022):
China$91.5M (125%)
Denmark$14.9M (5.78%)
Morocco$4.41M (87.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Greenland WERE (2021 - 2022):
Russia-$71.3M (-100%)
United States-$17.6M (-46.9%)
Norway-$7.14M (-31.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Greenland's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Greenland's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

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Crustaceans’s highest export potential is N/A. With an export gap of N/A.   Crustaceans’s highest import potential is N/A with an import gap of N/A.

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