US trade (export - import) with Greenland in 2017
Published or Updated: Apr 19, 2018
The report on US foreign trade in goods with Greenland in 2017: exports, imports, balance, product types and groups, dynamics.
US Trade with Greenland
In 2017, US trade with Greenland totaled $23.1 million, up 129.35% ($13.0 million) from 2016.
US exports to Greenland in 2017 totaled $9.9 million, up 143.90% ($5.8 million) from 2016.
US imports from Greenland in 2017 totaled $13.2 million, up 119.54% ($7.2 million) from 2016.
US trade deficit with Greenland in 2017 was $3.3 million, a 69.08% increase ($1.4 million) over 2016.
Greenland was the US 183rd largest trading partner in 2017 (up from 198th in 2016), accounting for 0.0006% of US total trade (up from 0.0003% in 2016).
Greenland was the US 186th largest export market in 2017 (up from 196th in 2016), accounting for 0.0006% of US total exports (up from 0.0003% in 2016).
Greenland was the US 166th largest supplier in 2017 (up from 178th in 2016), accounting for 0.0005% of US total imports (up from 0.0003% in 2016).
US Exports to Greenland
The major share of US exports to Greenland in 2017 (and in 2016) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 81.43% of US total exports to Greenland (66.22% in 2016);
- Metals and products from them (HS codes 72-83) - 1.70% of US total exports to Greenland (2.13% in 2016);
- Textiles, textile products and footwear (HS codes 50-67) - 0.33% of US total exports to Greenland (2.18% in 2016).
The largest gains in US exports to Greenland in 2017 over 2016 were recorded for the following product groups:
- Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $2,528.2 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,357.0 thousand;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,033.7 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 $570.6 thousand;
- Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $327.1 thousand;
- Commodities not specified according to kind (HS code 99) - an increase of $223.6 thousand;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $114.3 thousand.
The largest declines in US exports to Greenland in 2017 over 2016 were recorded for the following product groups:
- 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 $95.7 thousand;
- Ships, boats and floating structures (HS code 89) - a decrease of $85.5 thousand;
- Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $55.2 thousand;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $43.1 thousand.
| HS code |
Name of product group | Value of exports in 2017 (USD thousand) |
Share in total export (%) |
Value of exports in 2016 (USD thousand) |
Change in 2017 over 2016 (%) |
|---|---|---|---|---|---|
| 21 | Miscellaneous edible preparations | 14.3 | 0.14 | 26.4 | -45.91 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 36.3 | 0.37 | 28.7 | 26.61 |
| 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 | 2.8 | -100.00 |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0.0 | 0.00 | 9.6 | -100.00 |
| 39 | Plastics and articles thereof | 14.1 | 0.14 | 5.6 | 152.69 |
| 40 | Rubber and articles thereof | 44.9 | 0.45 | 22.3 | 100.95 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 5.5 | 0.06 | 5.6 | -1.59 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0.0 | 0.00 | 2.8 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0.0 | 0.00 | 55.2 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 4.4 | 0.04 | 12.1 | -63.24 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 0.0 | 0.00 | 5.9 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 11.6 | 0.12 | 10.1 | 14.79 |
| 65 | Headgear and parts thereof | 10.5 | 0.11 | 5.2 | 103.62 |
| 66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 6.0 | 0.06 | 0.0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0.0 | 0.00 | 9.6 | -100.00 |
| 70 | Glass and glassware | 15.3 | 0.15 | 0.0 | ∞ |
| 73 | Articles of iron or steel | 17.2 | 0.17 | 46.8 | -63.33 |
| 74 | Copper and articles thereof | 0.0 | 0.00 | 19.3 | -100.00 |
| 76 | Aluminum and articles thereof | 16.5 | 0.17 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 134.6 | 1.36 | 20.3 | 561.74 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 1,274.1 | 12.89 | 240.4 | 430.00 |
| 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 | 887.6 | 8.98 | 317.0 | 180.01 |
| 86 | Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds | 4.5 | 0.05 | 0.0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 1,168.2 | 11.82 | 1,211.2 | -3.56 |
| 88 | Aircraft, spacecraft, and parts thereof | 2,768.1 | 28.00 | 239.9 | 1,053.77 |
| 89 | Ships, boats and floating structures | 19.8 | 0.20 | 105.3 | -81.23 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 1,926.7 | 19.49 | 569.7 | 238.18 |
| 91 | Clocks and watches and parts thereof | 13.6 | 0.14 | 41.9 | -67.53 |
| 92 | Musical instruments; parts and accessories of such articles | 3.2 | 0.03 | 0.0 | ∞ |
| 93 | Arms and ammunition; parts and accessories thereof | 947.3 | 9.58 | 620.2 | 52.73 |
| 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 | 0.0 | 0.00 | 95.7 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0.0 | 0.00 | 2.6 | -100.00 |
| 96 | Miscellaneous manufactured articles | 0.0 | 0.00 | 3.8 | -100.00 |
| 99 | Commodities not specified according to kind | 540.3 | 5.47 | 316.8 | 70.57 |
US Imports from Greenland
The major share of US imports from Greenland in 2017 (and in 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 70.13% of US total imports from Greenland (88.46% in 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.21% of US total imports from Greenland (1.56% in 2016).
The largest gains in US imports from Greenland in 2017 over 2016 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $3,770.4 thousand;
- Commodities not specified according to kind (HS code 99) - an increase of $3,223.8 thousand;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $247.6 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) - an increase of $53.8 thousand.
The largest declines in US imports from Greenland in 2017 over the 2016 were recorded for the following product groups:
- Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $81.4 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $40.7 thousand.
| HS code |
Name of product group | Value of imports in 2017 (USD thousand) |
Share in total import (%) |
Value of imports in 2016 USD thousand) |
Change in 2017 over 2016 (%) |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 9,005.2 | 68.25 | 5,234.7 | 72.03 |
| 05 | Products of animal origin, not elsewhere specified or included | 0.0 | 0.00 | 81.4 | -100.00 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 247.6 | 1.88 | 0.0 | ∞ |
| 40 | Rubber and articles thereof | 0.0 | 0.00 | 5.3 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 4.1 | 0.03 | 0.0 | ∞ |
| 51 | Wool, fine or coarse animal hair; horsehair yarn and woven fabric | 1.1 | 0.01 | 0.0 | ∞ |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 53.8 | 0.41 | 0.0 | ∞ |
| 73 | Articles of iron or steel | 33.5 | 0.25 | 0.0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 10.6 | 0.08 | 36.2 | -70.77 |
| 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 | 0.0 | 0.00 | 2.4 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 11.6 | 0.09 | 9.1 | 27.95 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 5.5 | 0.04 | 46.2 | -88.18 |
| 97 | Works of art, collectors’ pieces and antiques | 2.7 | 0.02 | 0.0 | ∞ |
| 99 | Commodities not specified according to kind | 3,818.3 | 28.94 | 594.5 | 542.29 |