HS Icon Refined Petroleum in  Flag Greenland

2020
Exports | Imports
: $159k | $79.9M, World Rnk 166 / 212
Flag Rnk 25 / 277 | World Rnk 166 / 224
Flag Rnk 1 / 974

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.8k | $1.04M, Denmark |  Denmark


PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.99, Rnk 835 / 1028

Exports In 2020, Greenland exported $159k in Refined Petroleum, making it the 166th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 25th most exported product in Greenland. The main destination of Refined Petroleum exports from Greenland are: Iceland ($147k), Denmark ($11.2k), and Netherlands ($311).

The fastest growing export markets for Refined Petroleum of Greenland between 2019 and 2020 were Denmark ($10.8k).

Imports In 2020, Greenland imported $79.9M in Refined Petroleum, becoming the 166th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Greenland. Greenland imports Refined Petroleum primarily from: Sweden ($64.7M), Iceland ($5.39M), Netherlands ($5.37M), Denmark ($4.33M), and Belgium ($45.5k).

The fastest growing import markets in Refined Petroleum for Greenland between 2019 and 2020 were Denmark ($1.04M), United Kingdom ($13.5k), and Finland ($2.45k).

Subnational Monthly Trade

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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 Refined Petroleum. 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

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EXPORTS (2020): $159k

IMPORTS (2020): $79.9M

NET TRADE (2020): -$79.8M

In 2020, Greenland exported $159k in Refined Petroleum. The main destinations of Greenland exports on Refined Petroleum were Iceland ($147k), Denmark ($11.2k), and Netherlands ($311).

In 2020, Greenland imported $79.9M in Refined Petroleum, mainly from Sweden ($64.7M), Iceland ($5.39M), Netherlands ($5.37M), Denmark ($4.33M), and Belgium ($45.5k).

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IN 2020, Greenland HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Greenland WERE (2019 - 2020):: Denmark, $10.8k (2.82k%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Greenland WERE (2019 - 2020):

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Market Concentration

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In 2019, Greenland's main exporting competitors in Refined Petroleum were:

In 2019, Greenland's main importing competitors in Refined Petroleum were:

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