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Greenland is the 149th largest export economy in the world. In 2017, Greenland exported $911M and imported $683M, resulting in a positive trade balance of $228M.

The top exports of Greenland are Non-fillet Frozen Fish ($346M), Crustaceans ($342M), Processed Crustaceans ($127M), Fish Fillets ($60.7M) and Processed Fish ($9.1M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($113M), Passenger and Cargo Ships ($34.3M), Fishing Ships ($26.7M), Processed Crustaceans ($13.1M) and Cement Articles ($11.6M).

The top export destinations of Greenland are Denmark ($503M), China ($132M), Russia ($93.8M), Japan ($71.4M) and Norway ($23.6M). The top import origins are Denmark ($430M), Sweden ($91.7M), Poland ($45.4M), Iceland ($37.6M) and Italy ($12.7M).

Greenland is an island and borders Iceland, Norway and Canada by sea.

Economic Complexity of Greenland

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