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Who does Greenland rely on?

The largest supplier of Greenland in 2024 is Denmark, with 66.4% of what Greenland buys. Its share was 50.9% in 2019 and 66.8% in 1995. 165 of the 178 products Greenland buys for more than $1 million have a supplier selling more than 50% of what Greenland buys of that product; in 141, more than 75%. In those products, purchases from each one’s dominant supplier add up to 72% of what Greenland buys.

Summary

Largest supplier: Denmark
66.4%
Concentration (HHI)
4,754
Products with a supplier above 50%
165
Products with a supplier above 75%
141

Concentration index (HHI): 4,754 out of 10,000; equivalent to splitting purchases among 2 suppliers of the same size

Trend

Trend in shares

Sweden went from 2.1% to 17.9% of what Greenland buys

Share (%)

  • Denmark 66.4%
  • Sweden 17.9%
  • Iceland 3%
  • Netherlands 2.8%
  • Canada 2.6%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Denmark66.8%
1996Denmark58.4%
1997Denmark55.5%
1998Denmark61.5%
1999Denmark60.2%
2000Denmark78.9%
2001Denmark59.6%
2002Denmark81.9%
2003Denmark57.5%
2004Denmark79.5%
2005Denmark71.8%
2006Denmark55.6%
2007Denmark68.8%
2008Denmark53.6%
2009Denmark60.6%
2010Denmark51.4%
2011Denmark51.2%
2012Denmark52.9%
2013Denmark54.3%
2014Denmark52.6%
2015Denmark57.1%
2016Denmark54.4%
2017Denmark53.9%
2018Denmark48.6%
2019Denmark50.9%
2020Denmark70.4%
2021Denmark63.6%
2022Denmark54.7%
2023Denmark58.5%
2024Denmark66.4%

Its suppliers

  1. Denmark$658 million · 66.4%
  2. Sweden$178 million · 17.9%
  3. Iceland$30 million · 3%
  4. Netherlands$28 million · 2.8%
  5. Canada$26 million · 2.6%
  6. Germany$17 million · 1.8%
  7. United States$13 million · 1.3%
  8. Norway$13 million · 1.3%
  9. France$6 million · 0.62%
  10. Austria$4 million · 0.42%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 178 products Greenland buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumSweden75.7%over 75%Netherlands · 8.7%$217 million
Clasps, buckles and hooksDenmark100%over 75%France · 0.01%$17 million
Soft drinksDenmark99.7%over 75%Canada · 0.13%$16 million
Bread, biscuits and pastriesDenmark99.7%over 75%Iceland · 0.13%$15 million
FurnitureDenmark97.4%over 75%Germany · 0.97%$15 million
Replacement tool headsDenmark92.8%over 75%Germany · 6.1%$13 million
Computer and office machine partsDenmark97%over 75%Sweden · 1.3%$12 million
CarsDenmark81.4%over 75%Germany · 6.2%$12 million
Aircraft partsUnited States52%France · 17.1%$12 million
Auto partsDenmark88.8%over 75%Germany · 5%$11 million
BeerDenmark99.5%over 75%Germany · 0.51%$11 million
Bulldozers and excavatorsDenmark65.4%Canada · 30.7%$10 million
Steel structuresDenmark81.9%over 75%Canada · 17.8%$10 million
Parts for cranes and excavatorsDenmark65.4%Canada · 23.9%$10 million
Paper boxes and packagingDenmark74.6%Netherlands · 20.5%$10 million
Vacuum cleanersDenmark99.5%over 75%Germany · 0.4%$9 million
Prepared meatDenmark99.9%over 75%Iceland · 0.06%$9 million
Cameras and broadcast equipmentDenmark67.6%Sweden · 11.9%$9 million
Prepared shellfishDenmark100%over 75%Sweden · 0.02%$9 million
Other food preparationsDenmark96.7%over 75%Netherlands · 1.8%$9 million
Frozen beefDenmark100%over 75%Sweden · 0.02%$8 million
Yachts and pleasure boatsDenmark58.8%Finland · 25.7%$7 million
Cigarettes and cigarsDenmark91.6%over 75%Germany · 8.4%$7 million
Iron or steel pipe fittingsDenmark97.8%over 75%Canada · 1.4%$7 million
ComputersDenmark83%over 75%Canada · 6.1%$7 million

and 140 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: Denmark
45.5%
Concentration (HHI)
2,736

Concentration index (HHI): 2,736 out of 10,000; equivalent to splitting sales among 4 customers of the same size

Trend in shares

Denmark went from 75.8% to 45.5% of what Greenland sells

Share (%)

  • Denmark 45.5%
  • China 23.9%
  • United Kingdom 5.6%
  • Japan 4.9%
  • Iceland 4.2%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Denmark75.8%
1996Denmark79.1%
1997Denmark71%
1998Denmark60.6%
1999Denmark70.2%
2000Denmark68.6%
2001Denmark61.1%
2002Denmark68.5%
2003Denmark71.1%
2004Denmark70.8%
2005Denmark68.3%
2006Denmark65.2%
2007Denmark57%
2008Denmark57.7%
2009Denmark59.9%
2010Denmark56.2%
2011Denmark59.3%
2012Denmark55.8%
2013Denmark51.6%
2014Denmark51.4%
2015Denmark44.5%
2016Denmark50%
2017Denmark50.6%
2018Denmark48.8%
2019Denmark54.3%
2020Denmark52.2%
2021Denmark50.9%
2022Denmark47.4%
2023Denmark49.8%
2024Denmark45.5%

11 of the 17 products Greenland sells for more than $1 million have a customer buying more than 50% of what Greenland sells of that product; in 8, more than 75%. In those products, sales to each one’s dominant customer add up to 13.5% of what Greenland sells.

ProductCustomerShareSecondValue
Prepared shellfishDenmark55.2%United Kingdom · 20.8%$238 million
Fishing vesselsIceland100%over 75%Denmark · 0%$60 million
Fresh fishDenmark83.1%over 75%Iceland · 11.8%$11 million
Feldspar and fluorsparNetherlands87.3%over 75%Norway · 12.7%$3 million
Bulldozers and excavatorsDenmark95.2%over 75%Sweden · 4.8%$2 million
CranesDenmark100%over 75%—$2 million
Animal by-productsIceland86.1%over 75%Canada · 13.6%$2 million
GemstonesThailand65.5%France · 27.7%$2 million
Surveying instrumentsDenmark83%over 75%Finland · 11.3%$1 million
Refined petroleumIceland68.1%Canada · 29%$1 million
Ivory, tortoiseshell, horns and antlers, unworkedDenmark100%over 75%—$1 million

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
8Nepal5,009
9Turks and Caicos Islands4,919
10Greenland4,754
11Botswana4,754
12Bermuda4,519
13Laos4,510

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.