Country import demand

Greenland
import demand

A reported view of Greenland's import scale, sector demand, supplier breadth, economy, and trade history.

GRL1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$726.7M2024 reported
Import growth-31.8%Year on year
Population56.8KReported population
GDP per capita$58.5KCurrent-dollar GDP
Trade openness0%Exports + imports / GDP

The country import read

What does Greenland import?

In 2024, Greenland recorded $726.7M in reported imports. Imports changed -31.8% year on year and -19.9% annualized over three years. Fish and crustaceans was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$889.8M
2014
$837.4M
2015
$642.7M
2016
$718.8M
2017
$749.4M
2018
$817.7M
2019
$1.0B
2020
$959.1M
2021
$1.4B
2022
$1.1B
2023
$1.1B
2024
$726.7M

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$3.3B2024 macro context
GDP growth2.1%Five-year CAGR
Population growth0.2%Five-year CAGR
Investment rate0%National rate
Savings rate0%National rate
Trade openness0%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Greenland
RankSectorImportsShareImport partnersActive HS6
1Fish and crustaceansHS2 03$11.4M1.6%5162
2Prepared meat and fishHS2 16$11.7M1.6%536
3Ships and boatsHS2 89$9.2M1.3%1413
4MachineryHS2 84$86.9M12%33369
5Electrical machineryHS2 85$39.3M5.4%32238
6Salt, sulphur, earths and stoneHS2 25$1.0M0.1%632
7Optical and medical instrumentsHS2 90$14.4M2%31127
8Animal origin productsHS2 05$57.8K0%37
9HS2 sector 99HS2 99$222.9K0%21
10VehiclesHS2 87$37.2M5.1%2279

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration2,244.8Partner HHI
Top 3 partner share70.7%Reported concentration
FTA partner markets28Reported count
Average distance7,901 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3GRL
Exports Usd$1.1B
Imports Usd$726.7M
Trade Balance Usd$365.1M
Yoy Exports Growth Pct-7.8%
Yoy Imports Growth Pct-31.8%
Exports Cagr 3y Pct2.7%
Imports Cagr 3y Pct-19.9%
Export Partner Hhi2,244.8
Export Product Hhi1,573.6
Momentum Score-4.7
Risk Score19.1
Gdp Million Usd3,326.5 million USD
Gdp Per Capita Usd$58.5K
Population56,836
Labor ForceNot reported
Investment Rate PctNot reported
Savings Rate PctNot reported
Secondary Education PctNot reported
Tertiary Education PctNot reported
Total Factor ProductivityNot reported
Trade Openness PctNot reported
Exports Gdp PctNot reported
Num Active Partners270
Num Fta Partners28
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners2%
Avg Partner Distance Km7,901 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta10
Pct Partners Shared Language0.7%
Pct Partners Shared Border0%
Avg Applied Tariff PctNot reported
Avg Mfn Tariff PctNot reported
Avg Preferential Tariff PctNot reported
Tariff Advantage PpNot reported
Avg Distance All Partners Km7,807 km
Num Border Partners0
Num Colonial Partners25
Avg Substitution Elasticity-7.9
Pct Products High Elasticity65.1
Pct Products Low Elasticity4.4
Real Market Potential30,113.1
Foreign Market Potential11,552

Supplier context

Country Iso3GRL
All History Lane Count567
Current Lane Count176
Critical Lane Count2
High Attention Lane Count39
High Volatility Lane Count82
Unrecovered Drawdown Lane Count56
Declining Demand Lane Count3
Concentrated Market Lane Count84
Access Friction Lane Count30
Buyer Macro Weakness Lane Count12
Monitored Exports Current Usd$1.0B
Attention Exports Usd$868.9M
Critical Exports Usd$84.0M
High Volatility Exports Usd$518.1M
Unrecovered Drawdown Exports Usd$126.4M
Non Fta Exports Usd$487.6M
Monitored Attention Share Pct82.9%
Monitored Critical Share Pct8%
Fta Covered Exports Share Pct53.5%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct16.5%
Export Weighted Distance Km5,118 km
Export Weighted Tariff PctNot reported
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$1.1B
Total Imports Latest Usd$726.7M
Trade Balance Latest Usd$365.1M
Exports Yoy Latest Pct-7.8%
Exports Cagr 3y Latest Pct2.7%
Gdp Latest Million Usd3,326.5 million USD
Gdp Per Capita Latest Usd$58.5K
Population Latest56,836
Investment Rate Latest PctNot reported
Savings Rate Latest PctNot reported
Trade Openness Latest PctNot reported
Exports Gdp Latest PctNot reported
Active Partners Latest270
Fta Partners Latest28
Foreign Market Potential Latest11,552
Gdp 5y Cagr Pct2.1%
Gdp Per Capita 5y Cagr Pct1.9%
Population 5y Cagr Pct0.2%
Partner Hhi Latest2,244.8
Partner Top1 Share Latest Pct38.6%
Partner Top3 Share Latest Pct70.7%
Partner Hhi All Avg4,416.5
Partner Hhi All Max5,836
Product Hhi Latest1,573.6
Product Top1 Share Latest Pct30%
Product Top3 Share Latest Pct62%
Product Hhi All Avg1,786.7
Product Hhi All Max2,927
Total Exports Attention Share Pct79.6%
Total Exports Critical Share Pct7.7%
Attention LevelHigh attention
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$388.8M$427.2M$38.4M+0%
1996$406.5M$424.3M$17.9M+4.5%
1997$392.1M$343.3M-$48.8M-3.5%
1998$478.0M$313.1M-$164.9M+21.9%
1999$435.7M$345.5M-$90.2M-8.9%
2000$390.0M$335.5M-$54.6M-10.5%
2001$341.0M$329.2M-$11.8M-12.6%
2002$392.1M$362.6M-$29.5M+15%
2003$467.7M$418.6M-$49.1M+19.3%
2004$554.1M$438.2M-$115.9M+18.5%
2005$677.0M$477.2M-$199.8M+22.2%
2006$654.5M$495.3M-$159.2M-3.3%
2007$740.7M$526.9M-$213.8M+13.2%
2008$939.7M$602.6M-$337.1M+26.9%
2009$725.3M$482.6M-$242.7M-22.8%
2010$862.4M$501.9M-$360.5M+18.9%
2011$993.0M$593.2M-$399.8M+15.2%
2012$839.4M$574.9M-$264.5M-15.5%
2013$889.8M$642.2M-$247.6M+6%
2014$837.4M$634.6M-$202.8M-5.9%
2015$642.7M$553.5M-$89.2M-23.3%
2016$718.8M$678.1M-$40.7M+11.8%
2017$749.4M$691.8M-$57.6M+4.3%
2018$817.7M$808.0M-$9.7M+9.1%
2019$1.0B$947.8M-$56.9M+22.9%
2020$959.1M$975.0M$15.9M-4.5%
2021$1.4B$1.0B-$406.2M+47.4%
2022$1.1B$1.0B-$114.6M-19.3%
2023$1.1B$1.2B$119.4M-6.6%
2024$726.7M$1.1B$365.1M-31.8%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
103Fish and crustaceans$11.4M1.6%5162
216Prepared meat and fish$11.7M1.6%536
389Ships and boats$9.2M1.3%1413
484Machinery$86.9M12%33369
585Electrical machinery$39.3M5.4%32238
625Salt, sulphur, earths and stone$1.0M0.1%632
790Optical and medical instruments$14.4M2%31127
805Animal origin products$57.8K0%37
999HS2 sector 99$222.9K0%21
1087Vehicles$37.2M5.1%2279

Questions about this profile

Greenland import demand, in context

Short answers for import and supplier research.

What does the Greenland import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Greenland.

What is the latest reported import value for Greenland?

Greenland recorded $726.7M in reported imports in 2024.

Which sectors lead Greenland's imports?

Fish and crustaceans leads by reported import value at $11.4M.

How many years of Greenland import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.