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.
| 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 | 7.4 | 181.15 |
| 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 | 4.0 | 359.67 |
| 39 | Plastics and articles thereof | 39.4 | 0.31 | 25.7 | 53.58 |
| 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 | 3.9 | 243.91 |
| 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 | 3.0 | 123.95 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 35.3 | 0.28 | 12.0 | 194.58 |
| 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 | 11.2 | 251.58 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 9.0 | 0.07 | 4.9 | 81.61 |
| 65 | Headgear and parts thereof | 8.4 | 0.07 | 2.6 | 222.62 |
| 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 | 2.7 | 1,007.33 |
| 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 | 624.1 | 31.13 |
| 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 | 103.3 | 222.13 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 3,823.4 | 30.07 | 2,269.2 | 68.49 |
| 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 | 67.4 | 696.15 |
| 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.
| 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 | 3.3 | 267.07 |
| 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 |