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2023
Flag → Flag
Exports $27.8MRnk 9 / 76
2023
Flag → Flag
Top Product $18.3MCrustaceans
2023
Flag → Flag
Exports $6MRnk 194 / 220
2023
Flag → Flag
Top Product $1.24MSpecial purpose motor vehicles
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Greenland-United States Trade: In 2023, Greenland exported $27.8M to United States. The main products that Greenland exported to United States were Crustaceans ($18.3M), Fish Fillets ($4.59M), and Non-fillet Frozen Fish ($3.12M). Over the past 5 years the exports of Greenland to United States have increased at an annualized rate of 11.3%, from $16.3M in 2018 to $27.8M in 2023.

In 2023, Greenland did not export any services to United States.

United States-Greenland Trade: In 2023, United States exported $6M to Greenland. The main products that United States exported to Greenland were Special purpose motor vehicles ($1.24M), Cars ($1.06M), and Surveying Equipment ($670k). Over the past 5 years the exports of United States to Greenland have decreased at an annualized rate of 8.48%,  from $9.35M in 2018 to $6M in 2023.

In 2023, United States did not export any services to Greenland.

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $27.8M to United States. The main products exported from Greenland to United States were Crustaceans ($18.3M), Fish Fillets ($4.59M), and Non-fillet Frozen Fish ($3.12M). During the last 5 years the exports of Greenland to United States have increased at an annualized rate of 11.3%, from $16.3M in 2018 to $27.8M in 2023.

In 2018, United States exported $6M to Greenland. The main products exported from United States to Greenland were Special purpose motor vehicles ($1.24M), Cars ($1.06M), and Surveying Equipment ($670k). During the last 5 years the exports of United States to Greenland have decreased at an annualized rate of 8.48%, from $9.35M in 2023 to $6M in 2018.

Exports from Greenland (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Greenland (Flag) (2023)

Latest Data

Trade between Greenland (Flag) and United States (Flag)

Greenland Exports

United States Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
United States
Top DestinationCanada$269B

This map shows whether countries import more from Greenland or United States. Each country is colored based on the difference in imports they receive from Greenland and United States or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Greenland than from United States.

In 2023, countries that imported more from United States than Greenland included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - United States

Flow
Scale

This chart compares trade between Greenland and United States by product, considering products traded by both, Greenland and United States.

During 2023, Greenland had a large net trade with United States in the exports of N/A.

During 2018, United States had a large net trade with Greenland in the exports of Transportation ($2.4M), Machines ($1.66M), and Instruments ($1.13M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Greenland and United States. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Greenland.

Product Space of Greenland (Flag) and United States (Flag) (2023)

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