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Trade between Denmark and Greenland

In 2024, Denmark exported $658 million to Greenland and imported $719 million. Denmark ran a deficit of $61 million with Greenland, compared with a deficit of $181 million in 2019. Greenland was Denmark’s 28th largest trading partner (0.6% of its trade), and Denmark was Greenland’s largest (54%).

Summary

Denmark → Greenland
$658million
Greenland → Denmark
$719million
Denmark’s balance
-$61million

Balance

Denmark’s trade balance with Greenland

Trade between Denmark and Greenland grew 2.5-fold since 1995

USD millions (current). Denmark’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 658
  • Imports 719
  • Balance -60.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$242 million$315 million-$73 million
1996$248 million$314 million-$66 million
1997$183 million$247 million-$64 million
1998$230 million$213 million$17 million
1999$240 million$241 million-$1 million
2000$243 million$242 million$128 thousand
2001$192 million$226 million-$33 million
2002$292 million$269 million$23 million
2003$283 million$317 million-$34 million
2004$484 million$321 million$162 million
2005$497 million$337 million$160 million
2006$386 million$349 million$37 million
2007$546 million$334 million$211 million
2008$540 million$384 million$156 million
2009$482 million$300 million$182 million
2010$467 million$331 million$136 million
2011$518 million$424 million$94 million
2012$486 million$411 million$75 million
2013$484 million$414 million$70 million
2014$472 million$420 million$53 million
2015$407 million$336 million$71 million
2016$428 million$447 million-$19 million
2017$458 million$496 million-$38 million
2018$434 million$553 million-$119 million
2019$506 million$688 million-$181 million
2020$547 million$698 million-$150 million
2021$592 million$722 million-$130 million
2022$555 million$700 million-$145 million
2023$647 million$830 million-$183 million
2024$658 million$719 million-$61 million

What they sell each other

What Denmark sells to Greenland

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$19 million · 2.8%
    18 thousand tonnes · Denmark’s destinations
  2. Clasps, buckles and hooks$17 million · 2.6%
    62 tonnes
  3. Soft drinks$16 million · 2.5%
    11 thousand tonnes
  4. Bread, biscuits and pastries$15 million · 2.3%
    3 thousand tonnes
  5. Furniture$14 million · 2.2%
    2 thousand tonnes
  6. Replacement tool heads$12 million · 1.9%
    210 tonnes
  7. 209 tonnes
  8. Beer$11 million · 1.7%
    6 thousand tonnes
  9. Auto parts$10 million · 1.5%
    498 tonnes
  10. Cars$10 million · 1.5%
    749 tonnes · Denmark’s destinations

What Greenland sells to Denmark

The top 10 headings in 2024, with their share of the total.

  1. Frozen fish$265 million · 36.9%
    57 thousand tonnes
  2. 49 thousand tonnes
  3. Prepared shellfish$131 million · 18.3%
    17 thousand tonnes
  4. Fish fillets$47 million · 6.6%
    6 thousand tonnes
  5. Fresh fish$9 million · 1.3%
    24 thousand tonnes
  6. 1 thousand tonnes
  7. Bulldozers and excavators$2 million · 0.33%
    874 tonnes
  8. Cranes$2 million · 0.29%
    265 tonnes
  9. 123 tonnes
  10. Ivory, tortoiseshell, horns and antlers, unworked$1 million · 0.14%
    55 tonnes

How it travels

Estimated sea route from Aarhus to Nuuk.

The estimated sea route between Aarhus and Nuuk is 2,366 nautical miles (4,382 km) long: ≈ 5.5–7 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.2 billion · 90%
  2. Air$138 million · 10%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Greenland was Denmark’s 28th largest trading partner (0.6% of its trade), and Denmark was Greenland’s largest (54%).

Greenland in Denmark’s trade
0.6%
Greenland’s rank among Denmark’s partners
28th
Denmark in Greenland’s trade
53.5%
Denmark’s rank among Greenland’s partners
1st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.