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2022
Flag → Flag
Exports $36.6MRnk 7 / 66
2022
Flag → Flag
Top Product $19.9MCrustaceans
2022
Flag → Flag
Exports $6.05MRnk 198 / 219
2022
Flag → Flag
Top Product $951kSurveying Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Greenland-United States Trade: In 2022, Greenland exported $36.6M to United States. The main products that Greenland exported to United States were Crustaceans ($19.9M), Fish Fillets ($11.6M), and Precious Stones ($1.99M). Over the past 5 years the exports of Greenland to United States have increased at an annualized rate of 30.8%, from $9.57M in 2017 to $36.6M in 2022.

In 2022, Greenland did not export any services to United States.

United States-Greenland Trade: In 2022, United States exported $6.05M to Greenland. The main products that United States exported to Greenland were Surveying Equipment ($951k), Cars ($861k), and Aircraft Parts ($768k). Over the past 5 years the exports of United States to Greenland have decreased at an annualized rate of 8.79%,  from $9.58M in 2017 to $6.05M in 2022.

In 2022, United States did not export any services to Greenland.

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $36.6M to United States. The main products exported from Greenland to United States were Crustaceans ($19.9M), Fish Fillets ($11.6M), and Precious Stones ($1.99M). During the last 5 years the exports of Greenland to United States have increased at an annualized rate of 30.8%, from $9.57M in 2017 to $36.6M in 2022.

In 2017, United States exported $6.05M to Greenland. The main products exported from United States to Greenland were Surveying Equipment ($951k), Cars ($861k), and Aircraft Parts ($768k). During the last 5 years the exports of United States to Greenland have decreased at an annualized rate of 8.79%, from $9.58M in 2022 to $6.05M in 2017.

Exports from Greenland (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Greenland (Flag) (2022)

Latest Data

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

Greenland Exports

United States Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
United States
Top DestinationCanada$308B

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 2022, no countries were registered that imported more from Greenland than from United States.

In 2022, countries that imported more from United States than Greenland included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Greenland (Flag) (2022)

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 2022, Greenland had a large net trade with United States in the exports of Animal Products ($33.3M), Precious Metals ($1.99M), and Foodstuffs ($950k).

During 2017, United States had a large net trade with Greenland in the exports of Machines ($1.95M), Transportation ($1.77M), and Instruments ($1.32M).

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) (2022)

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