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Trade & investment · Europe & Central Asia · High income

Greenland: trade and investment

Exports is 40.8% (2023), 79th of 184 in the world and 33rd of 52 in Europe & Central Asia. Imports is 51.1% (2023), 81st of 184 in the world and 32nd of 52 in Europe & Central Asia. Trade openness is 91.9% (2023), 79th of 184 in the world and 32nd of 52 in Europe & Central Asia.

Exports
GreenlandEurope & Central AsiaHigh incomeWorld
0%20%40%60%1995200020052010201520202025Greenland40.8%Europe & Central AsiaHigh incomeWorld
Imports
GreenlandEurope & Central AsiaHigh incomeWorld
0%25%50%75%100%1995200020052010201520202025Greenland51.1%Europe & Central AsiaHigh incomeWorld
7 indicators

Trade & investment: Greenland in detail

Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
ExportsExports of goods and services, % of GDP40.8%202379/18433/52·34.1%36.0%+3.1 ppsince 201343.7%31.7%29.5%
ImportsImports of goods and services, % of GDP51.1%202381/18432/52·76.4%46.7%−7.1 ppsince 201341.0%30.8%28.5%
Trade opennessTrade, % of GDP91.9%202379/18432/52·110.5%82.7%−4.0 ppsince 201381.8%60.5%68.5%
Merchandise exportsMerchandise exports, current US$$1.0bn2025155/20649/51$273m$380m$816m+149%since 2015$10.0tn$17.5tn$26.4tn
High-tech exportsHigh-technology exports, % of manufactured exports1.7%2018——·47.3%1.7%2018−2.6 ppsince 200821.4%25.8%24.7%
Fuel exportsFuel exports, % of merchandise exports0.0%2018——0.0%0.0%0.0%2018±0.0 ppsince 20086.3%10.4%9.5%
Food exportsFood exports, % of merchandise exports92.3%2018——95.5%87.7%92.3%2018+14.7 ppsince 200810.6%8.8%9.0%
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours

Greenland and its neighbours

Countries sharing a land border with Greenland. Latest values since 2005; the highest in each row is marked.

IndicatorGreenlandCanadaNorwayIceland
Exports40.8%202331.3%202545.4%202540.1%2025
Imports51.1%202332.2%202533.7%202542.4%2025
Trade openness91.9%202363.5%202579.1%202582.5%2025
Merchandise exports$1.0bn2025$555bn2025$171bn2025$7.2bn2025
High-tech exports1.7%201816.1%202425.4%202454.0%2024
Fuel exports0.0%201826.7%202562.1%20251.5%2025
Food exports92.3%201813.6%202510.8%202546.9%2025