2022
Exports
$4.19kWorld Rnk 169 / 184
Flag Rnk 184 / 372
falsefalse Denmark
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$1.76MWorld Rnk 164 / 219
Flag Rnk 112 / 981

About

Exports In 2022, Greenland exported $4.19k in Lifting Machinery, making it the 169th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 184th most exported product in Greenland. The main destination of Lifting Machinery exports from Greenland are: Denmark ($4.19k).

Imports In 2022, Greenland imported $1.76M in Lifting Machinery, becoming the 164th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 112th most imported product in Greenland. Greenland imports Lifting Machinery primarily from: Denmark ($1.02M), Canada ($562k), Iceland ($136k), Germany ($31.4k), and Finland ($5.64k).

The fastest growing import markets in Lifting Machinery for Greenland between 2021 and 2022 were Canada ($560k), Iceland ($131k), and Germany ($31.4k).

Latest Trends

Oct 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 Lifting Machinery. 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)$4.19k
IMPORTS (2022)$1.76M
NET TRADE (2022)-$1.76M

In 2022, Greenland exported $4.19k in Lifting Machinery. The main destinations of Greenland exports on Lifting Machinery were Denmark ($4.19k).

In 2022, Greenland imported $1.76M in Lifting Machinery, mainly from Denmark ($1.02M), Canada ($562k), Iceland ($136k), Germany ($31.4k), and Finland ($5.64k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Greenland WERE (2021 - 2022):Denmark-$38.7k (-90.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greenland's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Greenland's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

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

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