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Pricing

2023
Flag → Flag
Exports $6MRnk 194 / 220
2023
Flag → Flag
Top Product $1.24MSpecial purpose motor vehicles
2023
Flag → Flag
Exports $27.8MRnk 9 / 76
2023
Flag → Flag
Top Product $18.3MCrustaceans
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 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

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.

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.

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

Company data: In 2023, leading companies such as DAVID OPPENHEIMER CO. (12) and BOEING (2) were at the forefront of exporting goods from Greenland to the United States. Conversely, Other (14) were notable for importing products to Greenland from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $945k and imported $3.07M from Greenland, resulting in a negative trade balance of $2.13M. Between November 2023 and November 2024 the exports of United States have increased by $670k (243%) from $275k to $945k, while imports increased by $143k (4.88%) from $2.93M to $3.07M.

Trade In November 2024, the top exports of United States to Greenland were Telephones ($69.9k), Surveying Equipment ($31.6k), Breathing Appliances ($26.8k), Commodities not elsewhere specified ($18.3k), and Other Hand Tools ($18.2k). In November 2024 the top imports of United States from Greenland were Crustaceans ($1.29M), Precious Stones ($505k), Fish Fillets ($221k), Non-fillet Frozen Fish ($129k), and Processed Crustaceans ($105k).

Origins In November 2024 the exports of United States were mainly from Tennessee ($220k), Minnesota ($216k), Massachusetts ($171k), New Jersey ($126k), and Ohio ($49k), while imports destinations were mainly Maine ($1.62M), Massachusetts ($1.21M), California ($173k), Kansas ($36.9k), and Texas ($16.3k).

Growth In November 2024, the increase in United States's year-by-year exports to Greenland was explained primarily by an increase in product exports in Gas and Liquid Flow Measuring Instruments ($4.33k or 148%) and Low-voltage Protection Equipment ($3.2k or 78.1%). In November 2024, the increase in United States's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in Precious Stones ($477k or 1.68k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$670k(243%)
IMPORT GROWTH (November 2023 - November 2024)$143k(4.88%)
MAIN EXPORTER (November 2024)Tennessee$220k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Greenland and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $6M in 2023.

In 2018, 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 2023 to $27.8M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United States - Greenland

Flow
Scale

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

During 2023, United States had a large net trade with Greenland in the exports of Transportation ($2.4M), Machines ($1.66M), and Instruments ($1.13M).

During 2018, Greenland had a large net trade with United States in the exports of Animal Products ($26.1M), Foodstuffs ($865k), and Precious Metals ($647k).

Economic Complexity

Competitive Landscape

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

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

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