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2023
Exports $1.08MWorld Rnk 75 / 221
Flag Rnk 15 / 453
2023
Destination $836k Denmark
2022 - 2023
FASTEST GROWING MARKET $836kDenmark
2023
PRODUCT COMPLEXITY IN Other Hand Tools1.82Rnk 14 / 1025
2023
Imports $2.3MWorld Rnk 148 / 225
Flag Rnk 97 / 988
2023
Origin $213k Denmark
2022 - 2023
FASTEST GROWING ORIGIN $213kDenmark

About

Exports In 2023, Greenland exported $1.08M in Other Hand Tools, making it the 75th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 15th most exported product in Greenland. The main destination of Other Hand Tools exports from Greenland are: Denmark ($1.08M) and Iceland ($1.41k).

The fastest growing export markets for Other Hand Tools of Greenland between 2022 and 2023 were Denmark ($836k) and Iceland ($1.41k).

Imports In 2023, Greenland imported $2.3M in Other Hand Tools, becoming the 148th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 97th most imported product in Greenland. Greenland imports Other Hand Tools primarily from: Denmark ($2.13M), United States ($90.8k), France ($20.6k), Canada ($8.91k), and Sweden ($8.76k).

The fastest growing import markets in Other Hand Tools for Greenland between 2022 and 2023 were Denmark ($213k), United States ($80.8k), and France ($20.6k).

Latest Trends

Dec 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 Other Hand Tools. 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 (2023)$1.08M
IMPORTS (2023)$2.3M
NET TRADE (2023)-$1.22M

In 2023, Greenland exported $1.08M in Other Hand Tools. The main destinations of Greenland exports on Other Hand Tools were Denmark ($1.08M) and Iceland ($1.41k).

In 2023, Greenland imported $2.3M in Other Hand Tools, mainly from Denmark ($2.13M), United States ($90.8k), France ($20.6k), Canada ($8.91k), and Sweden ($8.76k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Greenland WERE (2022 - 2023):
Denmark$836k (344%)
Iceland$1.41k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Greenland WERE (2022 - 2023):South Korea-$1.57k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greenland's main exporting competitors in Other Hand Tools were:
China $3.65B
Germany $905M
Chinese Taipei $812M
In 2023, Greenland's main importing competitors in Other Hand Tools were:
United States $1.46B
Germany $630M
France $472M

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

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

See methodology.

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