US trade (export - import) with Greenland in 2016

Published or Updated: May 08, 2017

The report on US foreign trade in goods with Greenland in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Greenland

In 2016, US trade with Greenland was $10.1 million, down 24.49% ($3.3 million) from 2015.

US exports to Greenland in 2016 were $4.1 million, down 57.26% ($5.4 million) from 2015.

US imports from Greenland in 2016 totaled $6.0 million, up 56.37% ($2.2 million) from 2015.

US trade balance with Greenland went from a surplus of $5.6 million in 2015, to a deficit of $2.0 million in 2016.

Greenland was the US 198th largest trading partner in 2016 (down from 193rd in 2015), accounting for 0.0003% of US total trade (just as in 2015).

Greenland was the US 196th largest export market in 2016 (down from 187th in 2015), accounting for 0.0003% of US total exports (down from 0.0006% in 2015).

Greenland was the US 178th largest supplier in 2016 (up from 186th in 2015), accounting for 0.0003% of US total imports (up from 0.0002% in 2015).

US Exports to Greenland

The major share of US exports to Greenland in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 66.22% of US total exports to Greenland (84.91% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.18% of US total exports to Greenland (1.46% in 2015);
  • Metals and products from them (HS codes 72-83) - 2.13% of US total exports to Greenland (0.68% in 2015);
  • Chemical products (HS codes 28-40) - 0.99% of US total exports to Greenland (1.68% in 2015).

The largest gains in US exports to Greenland in 2016 over 2015 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $331.5 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $224.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $132.5 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $98.3 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 $80.6 thousand;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $40.9 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $40.4 thousand;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $33.1 thousand;
  • Copper and articles thereof (HS code 74) - an increase of $19.3 thousand.

The largest declines in US exports to Greenland in 2016 over 2015 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) - a decrease of $3,528.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,248.5 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $169.4 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) - a decrease of $153.1 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $94.4 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $70.0 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $66.7 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $33.0 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $17.3 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $14.1 thousand.
US exports to Greenland in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 66.7-100.00
21 Miscellaneous edible preparations 26.4 0.65 25.92.01
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 28.7 0.71 30.0-4.46
29 Organic chemicals 0.0 0.00 12.0-100.00
30 Pharmaceutical products 0.0 0.00 11.3-100.00
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 2.8 0.07 0.0
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 9.6 0.24 0.0
39 Plastics and articles thereof 5.6 0.14 100.0-94.42
40 Rubber and articles thereof 22.3 0.55 36.5-38.74
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 5.6 0.14 17.3-67.57
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2.8 0.07 0.0
52 Cotton 0.0 0.00 3.5-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 55.2 1.36 14.2287.18
61 Articles of apparel and clothing accessories, knitted or crocheted 12.1 0.30 29.4-58.84
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.9 0.15 3.951.08
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 10.1 0.25 80.1-87.35
65 Headgear and parts thereof 5.2 0.13 7.3-28.81
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9.6 0.24 0.0
73 Articles of iron or steel 46.8 1.15 6.4633.81
74 Copper and articles thereof 19.3 0.48 0.0
76 Aluminum and articles thereof 0.0 0.00 4.7-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 20.3 0.50 53.4-61.89
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 240.4 5.93 107.9122.88
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 317.0 7.82 470.1-32.56
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,211.2 29.89 879.737.68
88 Aircraft, spacecraft, and parts thereof 239.9 5.92 2,488.4-90.36
89 Ships, boats and floating structures 105.3 2.60 7.01,413.95
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 569.7 14.06 4,098.7-86.10
91 Clocks and watches and parts thereof 41.9 1.03 8.8377.21
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.0-100.00
93 Arms and ammunition; parts and accessories thereof 620.2 15.30 395.956.67
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 95.7 2.36 15.1533.87
95 Toys, games and sports requisites; parts and accessories thereof 2.6 0.07 13.3-80.09
96 Miscellaneous manufactured articles 3.8 0.09 2.646.26
97 Works of art, collectors’ pieces and antiques 0.0 0.00 3.8-100.00
99 Commodities not specified according to kind 316.8 7.82 486.2-34.84

US Imports from Greenland

The major share of US imports from Greenland in 2016 (and in 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 88.46% of US total imports from Greenland (65.06% in 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.56% of US total imports from Greenland (0.49% in 2015).

The largest gains in US imports from Greenland in 2016 over 2015 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $2,734.3 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $81.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $46.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $20.2 thousand.

The largest declines in US imports from Greenland in 2016 over the 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $717.7 thousand.
US imports from Greenland in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 5,234.7 87.10 2,500.5109.35
05 Products of animal origin, not elsewhere specified or included 81.4 1.35 0.0
39 Plastics and articles thereof 0.0 0.00 0.7-100.00
40 Rubber and articles thereof 5.3 0.09 0.0
73 Articles of iron or steel 0.0 0.00 6.3-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 36.2 0.60 16.1125.73
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 2.4 0.04 2.9-16.15
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 9.1 0.15 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 46.2 0.77 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 4.5-100.00
99 Commodities not specified according to kind 594.5 9.89 1,312.2-54.70
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce