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2022
Exports $259MWorld Rnk 16 / 175
Flag Rnk 3 / 372
2022
Destination $50.6M Denmark
2021 - 2022
FASTEST GROWING MARKET $50.6MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Processed Crustaceans-1.65Rnk 967 / 1025
2022
Imports $8.47MWorld Rnk 69 / 224
Flag Rnk 14 / 981
2022
Origin $125 Denmark
2021 - 2022
FASTEST GROWING ORIGIN $125Germany

About

Exports In 2022, Greenland exported $259M in Processed Crustaceans, making it the 16th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 3rd most exported product in Greenland. The main destination of Processed Crustaceans exports from Greenland are: Denmark ($162M), United Kingdom ($52.4M), Germany ($26.9M), Japan ($9.58M), and Norway ($3.33M).

The fastest growing export markets for Processed Crustaceans of Greenland between 2021 and 2022 were United Kingdom ($50.6M), Denmark ($7.42M), and Japan ($2.49M).

Imports In 2022, Greenland imported $8.47M in Processed Crustaceans, becoming the 69th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 14th most imported product in Greenland. Greenland imports Processed Crustaceans primarily from: Denmark ($8.47M) and Germany ($125).

The fastest growing import markets in Processed Crustaceans for Greenland between 2021 and 2022 were Germany ($125).

Latest Trends

Aug 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 Processed 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

Color
EXPORTS (2022)$259M
IMPORTS (2022)$8.47M
NET TRADE (2022)$250M

In 2022, Greenland exported $259M in Processed Crustaceans. The main destinations of Greenland exports on Processed Crustaceans were Denmark ($162M), United Kingdom ($52.4M), Germany ($26.9M), Japan ($9.58M), and Norway ($3.33M).

In 2022, Greenland imported $8.47M in Processed Crustaceans, mainly from Denmark ($8.47M) and Germany ($125).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Greenland WERE (2021 - 2022):
United Kingdom$50.6M (2.72k%)
Denmark$7.42M (4.81%)
Japan$2.49M (35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Greenland WERE (2021 - 2022):
Germany-$3.34M (-11%)
Norway-$2.46M (-42.6%)
Sweden-$1.2M (-96.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greenland's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
Indonesia $1.53B
In 2022, Greenland's main importing competitors in Processed Crustaceans were:
United States $4.38B
Japan $2.15B
China $1.76B

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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