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Exports In 2022, Greenland exported $259M in Processed Crustaceans, making it the 16th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 3rd most exported product in Greenland. The main destination of Processed Crustaceans exports from Greenland are: Denmark ($162M), United Kingdom ($52.4M), Germany ($26.9M), Japan ($9.58M), and Norway ($3.33M).

The fastest growing export markets for Processed Crustaceans of Greenland between 2021 and 2022 were United Kingdom ($50.6M), Denmark ($7.42M), and Japan ($2.49M).

Imports In 2022, Greenland imported $8.47M in Processed Crustaceans, becoming the 69th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 14th most imported product in Greenland. Greenland imports Processed Crustaceans primarily from: Denmark ($8.47M) and Germany ($125).

The fastest growing import markets in Processed Crustaceans for Greenland between 2021 and 2022 were Germany ($125).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Processed Crustaceans. 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

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EXPORTS (2022)$259M
IMPORTS (2022)$8.47M
NET TRADE (2022)$250M

In 2022, Greenland exported $259M in Processed Crustaceans. The main destinations of Greenland exports on Processed Crustaceans were Denmark ($162M), United Kingdom ($52.4M), Germany ($26.9M), Japan ($9.58M), and Norway ($3.33M).

In 2022, Greenland imported $8.47M in Processed Crustaceans, mainly from Denmark ($8.47M) and Germany ($125).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Greenland WERE (2021 - 2022):
United Kingdom$50.6M (2.72k%)
Denmark$7.42M (4.81%)
Japan$2.49M (35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Greenland WERE (2021 - 2022):
Germany-$3.34M (-11%)
Norway-$2.46M (-42.6%)
Sweden-$1.2M (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Greenland's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Greenland's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

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

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