US trade (export - import) with Greenland in 2015

Published or Updated: Apr 13, 2017

The report on US foreign trade in goods with Greenland in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Greenland

In 2015, US trade with Greenland was $13.3 million, down 27.15% ($5.0 million) from 2014.

US exports to Greenland in 2015 were $9.5 million, down 25.42% ($3.2 million) from 2014.

US imports from Greenland in 2015 were $3.8 million, down 31.10% ($1.7 million) from 2014.

US trade surplus with Greenland in 2015 was $5.6 million, a 20.97% decrease ($1.5 million) over 2014.

Greenland was the US 193rd largest trading partner in 2015 (down from 192nd in 2014), accounting for 0.0003% of US total trade (down from 0.0005% in 2014).

Greenland was the US 187th largest export market in 2015 (up from 188th in 2014), accounting for 0.0006% of US total exports (down from 0.0008% in 2014).

Greenland was the US 186th largest supplier in 2015 (down from 176th in 2014), accounting for 0.0002% of US total imports (just as in 2014).

US Exports to Greenland

The major share of US exports to Greenland in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 84.91% of US total exports to Greenland (84.57% in 2014);
  • Chemical products (HS codes 28-40) - 1.68% of US total exports to Greenland (0.75% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.46% of US total exports to Greenland (0.79% in 2014);
  • Metals and products from them (HS codes 72-83) - 0.68% of US total exports to Greenland (2.34% in 2014).

The largest gains in US exports to Greenland in 2015 over 2014 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 $275.3 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $273.6 thousand;
  • 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) - an increase of $220.3 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $71.1 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $61.3 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $60.6 thousand.

The largest declines in US exports to Greenland in 2015 over 2014 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,747.5 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) - a decrease of $521.4 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $325.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $184.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $184.1 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $97.9 thousand;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $43.1 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $35.5 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $29.6 thousand.
US exports to Greenland in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 66.7 0.70 63.05.86
21 Miscellaneous edible preparations 25.9 0.27 55.5-53.33
22 Beverages, spirits and vinegar 0.0 0.00 7.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 30.0 0.32 20.744.99
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 6.0-100.00
29 Organic chemicals 12.0 0.13 0.0
30 Pharmaceutical products 11.3 0.12 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 3.5-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 7.5-100.00
38 Miscellaneous chemical products 0.0 0.00 18.2-100.00
39 Plastics and articles thereof 100.0 1.05 39.4153.54
40 Rubber and articles thereof 36.5 0.38 21.272.15
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 17.3 0.18 13.627.37
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 6.8-100.00
52 Cotton 3.5 0.04 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 14.2 0.15 35.3-59.64
61 Articles of apparel and clothing accessories, knitted or crocheted 29.4 0.31 8.0265.64
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.9 0.04 39.4-90.10
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 80.1 0.84 9.0792.36
65 Headgear and parts thereof 7.3 0.08 8.4-13.40
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 4.4-100.00
73 Articles of iron or steel 6.4 0.07 10.9-41.44
76 Aluminum and articles thereof 4.7 0.05 29.9-84.42
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 53.4 0.56 237.5-77.52
83 Miscellaneous articles of base metal 0.0 0.00 19.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 107.9 1.14 292.2-63.09
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 470.1 4.96 249.788.24
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 879.7 9.28 818.47.49
88 Aircraft, spacecraft, and parts thereof 2,488.4 26.24 5,235.9-52.47
89 Ships, boats and floating structures 7.0 0.07 332.7-97.91
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,098.7 43.22 3,823.47.20
91 Clocks and watches and parts thereof 8.8 0.09 51.9-83.08
92 Musical instruments; parts and accessories of such articles 3.0 0.03 0.0
93 Arms and ammunition; parts and accessories thereof 395.9 4.17 122.3223.81
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 15.1 0.16 536.5-97.19
95 Toys, games and sports requisites; parts and accessories thereof 13.3 0.14 2.6418.46
96 Miscellaneous manufactured articles 2.6 0.03 0.0
97 Works of art, collectors’ pieces and antiques 3.8 0.04 0.0
99 Commodities not specified according to kind 486.2 5.13 584.1-16.77

US Imports from Greenland

The major share of US imports from Greenland in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 65.06% of US total imports from Greenland (98.42% in 2014).

The largest gains in US imports from Greenland in 2015 over 2014 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $1,242.0 thousand.

The largest declines in US imports from Greenland in 2015 over the 2014 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $2,989.3 thousand.
US imports from Greenland in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,500.5 65.06 5,489.8-54.45
39 Plastics and articles thereof 0.7 0.02 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 2.9-100.00
73 Articles of iron or steel 6.3 0.16 0.0
83 Miscellaneous articles of base metal 0.0 0.00 2.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16.1 0.42 12.231.50
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 2.9 0.08 0.0
92 Musical instruments; parts and accessories of such articles 4.5 0.12 0.0
99 Commodities not specified according to kind 1,312.2 34.14 70.21,769.53
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce