2022
Flag  
GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

United States-Greenland In 2022, United States exported $6.05M to Greenland. The main products that United States exported to Greenland are Surveying Equipment ($951k), Cars ($861k), and Aircraft Parts ($768k). During the last 27 years the exports of United States to Greenland have decreased at an annualized rate of 2.01%, from $10.5M in 1995 to $6.05M in 2022.

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

Greenland-United States 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). During the last 27 years the exports of Greenland to United States have increased at an annualized rate of 7.38%, from $5.35M in 1995 to $36.6M in 2022.

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

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

COMPANIES 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, ALKYON FRUIT S.A. (12) and SPECTRUM TECHNOLOGIES LTD (2) were notable for importing Greenland products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of United States to Greenland have decreased at an annualized rate of 2.01%, from $10.5M in 1995 to $6.05M in 2022.

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 27 years the exports of Greenland to United States have increased at an annualized rate of 7.38%, from $5.35M in 1995 to $36.6M in 2022.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Greenland
Top Destination
Denmark$731M

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 2021, countries that imported more from United States than Greenland were Canada ($308B), Mexico ($294B), and China ($151B).

In 2019, no countries were registered that imported more from Greenland than from United States.

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

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 2022, United States had a large net trade with Greenland in the exports of Machines ($1.95M), Transportation ($1.77M), and Instruments ($1.32M).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Greenland. Similarly, the more yellow a dot/product is, the more Greenland has comparative advantage over United States.

Product Space of United States (Flag) and Greenland (Flag) (2022)

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