US trade (export - import) with Greenland in 2014

Published or Updated: Feb 09, 2017

The report on US foreign trade in goods with Greenland in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Greenland

In 2014, US trade with Greenland was $18.3 million, down 36.49% ($10.5 million) from 2013.

US exports to Greenland in 2014 were $12.7 million, down 33.60% ($6.4 million) from 2013.

US imports from Greenland in 2014 were $5.6 million, down 42.23% ($4.1 million) from 2013.

US trade surplus with Greenland in 2014 was $7.1 million, a 24.83% decrease ($2.4 million) over 2013.

Greenland was the US 192nd largest trading partner in 2014 (down from 184th in 2013), accounting for 0.0005% of US total trade (down from 0.0007% in 2013).

Greenland was the US 188th largest export market in 2014 (down from 185th in 2013), accounting for 0.0008% of US total exports (down from 0.0012% in 2013).

Greenland was the US 176th largest supplier in 2014 (down from 168th in 2013), accounting for 0.0002% of US total imports (down from 0.0004% in 2013).

US Exports to Greenland

The major share of US exports to Greenland in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 84.57% of US total exports to Greenland (84.80% in 2013);
  • Metals and products from them (HS codes 72-83) - 2.34% of US total exports to Greenland (5.09% in 2013).

The largest gains in US exports to Greenland in 2014 over 2013 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,554.2 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $469.1 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $229.4 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $194.3 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $63.0 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $55.5 thousand.

The largest declines in US exports to Greenland in 2014 over 2013 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $3,005.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2,337.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,119.0 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $704.2 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $677.1 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $232.7 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $42.9 thousand.
US exports to Greenland in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 63.0 0.50 0.0
21 Miscellaneous edible preparations 55.5 0.44 0.0
22 Beverages, spirits and vinegar 7.0 0.05 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 20.7 0.16 7.4181.15
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6.0 0.05 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3.5 0.03 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 7.5 0.06 0.0
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 5.7-100.00
38 Miscellaneous chemical products 18.2 0.14 4.0359.67
39 Plastics and articles thereof 39.4 0.31 25.753.58
40 Rubber and articles thereof 21.2 0.17 23.8-10.86
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 13.6 0.11 3.9243.91
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 26.6-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6.8 0.05 3.0123.95
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 35.3 0.28 12.0194.58
61 Articles of apparel and clothing accessories, knitted or crocheted 8.0 0.06 10.3-21.81
62 Articles of apparel and clothing accessories, not knitted or crocheted 39.4 0.31 11.2251.58
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 9.0 0.07 4.981.61
65 Headgear and parts thereof 8.4 0.07 2.6222.62
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 4.4 0.03 47.3-90.61
73 Articles of iron or steel 10.9 0.09 27.9-60.90
75 Nickel and articles thereof 0.0 0.00 3.2-100.00
76 Aluminum and articles thereof 29.9 0.24 2.71,007.33
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 237.5 1.87 941.7-74.78
83 Miscellaneous articles of base metal 19.2 0.15 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 292.2 2.30 2,630.1-88.89
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 249.7 1.96 3,255.2-92.33
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 818.4 6.44 624.131.13
88 Aircraft, spacecraft, and parts thereof 5,235.9 41.18 7,354.9-28.81
89 Ships, boats and floating structures 332.7 2.62 103.3222.13
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,823.4 30.07 2,269.268.49
91 Clocks and watches and parts thereof 51.9 0.41 59.4-12.67
93 Arms and ammunition; parts and accessories thereof 122.3 0.96 354.9-65.55
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 536.5 4.22 67.4696.15
95 Toys, games and sports requisites; parts and accessories thereof 2.6 0.02 4.7-45.36
99 Commodities not specified according to kind 584.1 4.59 1,261.2-53.69

US Imports from Greenland

The major share of US imports from Greenland in 2014 (and in 2013) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 98.42% of US total imports from Greenland (94.51% in 2013).

The largest gains in US imports from Greenland in 2014 over 2013 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in US imports from Greenland in 2014 over the 2013 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $3,635.3 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $399.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $38.5 thousand.
US imports from Greenland in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 5,489.8 98.42 9,125.1-39.84
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.9 0.05 0.0
83 Miscellaneous articles of base metal 2.6 0.05 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12.2 0.22 3.3267.07
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 38.5-100.00
96 Miscellaneous manufactured articles 0.0 0.00 13.4-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 4.7-100.00
99 Commodities not specified according to kind 70.2 1.26 470.1-85.07
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce