2022
Exports
$493kWorld Rnk 165 / 214
Flag Rnk 19 / 372
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$256MWorld Rnk 151 / 225
Flag Rnk 1 / 981

About

Exports In 2022, Greenland exported $493k in Refined Petroleum, making it the 165th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 19th most exported product in Greenland. The main destination of Refined Petroleum exports from Greenland are: Iceland ($491k), Netherlands ($1.72k), and Denmark ($512).

The fastest growing export markets for Refined Petroleum of Greenland between 2021 and 2022 were Iceland ($264k) and Netherlands ($1.33k).

Imports In 2022, Greenland imported $256M in Refined Petroleum, becoming the 151st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Greenland. Greenland imports Refined Petroleum primarily from: Sweden ($214M), Greece ($20.3M), Iceland ($17M), Denmark ($4.32M), and Belgium ($110k).

The fastest growing import markets in Refined Petroleum for Greenland between 2021 and 2022 were Sweden ($97M), Greece ($20.3M), and Iceland ($7.96M).

Latest Trends

Aug 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 Refined Petroleum. 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)$493k
IMPORTS (2022)$256M
NET TRADE (2022)-$256M

In 2022, Greenland exported $493k in Refined Petroleum. The main destinations of Greenland exports on Refined Petroleum were Iceland ($491k), Netherlands ($1.72k), and Denmark ($512).

In 2022, Greenland imported $256M in Refined Petroleum, mainly from Sweden ($214M), Greece ($20.3M), Iceland ($17M), Denmark ($4.32M), and Belgium ($110k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Greenland WERE (2021 - 2022):
Iceland$264k (117%)
Netherlands$1.33k (338%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Greenland WERE (2021 - 2022):
Denmark-$1.24k (-70.8%)
Nepal-$24 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greenland's main exporting competitors in Refined Petroleum were:
In 2022, Greenland's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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