Merchandise exports by the reporting economy in Greenland

Greenland: Merchandise exports by the reporting economy was 1.01 billion current US$ in 2023. ◆ Volatile

Latest (2023)
1.01 billion current US$
Change on year
up 9.2%
World rank
151st
of 206 countries
All-time high
1.01 billion current US$
in 2023
All-time low
7.96 million current US$
in 1968
Years of data
60
1964–2023

Merchandise exports by the reporting economy in Greenland, 1964–2023

0200.0M400.0M600.0M800.0M1.0B196419932023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2023, merchandise exports by the reporting economy in Greenland stood at 1.01 billion current US$. That is the highest value across all 60 years on record.

The figure is up 9.2% on the previous year and up 101.6% over ten years.

Over the whole period, merchandise exports by the reporting economy in Greenland peaked at 1.01 billion current US$ in 2023 and was at its lowest, 7.96 million current US$, in 1968.

Greenland ranks 151st of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy in Greenland, year by year

Annual values for Merchandise exports by the reporting economy (current US$) in Greenland, 1964 to 2023.
Year current US$ Change
1964 10.50 million current US$
1965 13.10 million current US$ +24.8%
1966 14.90 million current US$ +13.7%
1967 13.20 million current US$ -11.4%
1968 7.96 million current US$ -39.7%
1969 11.70 million current US$ +47.0%
1970 14.24 million current US$ +21.7%
1971 18.87 million current US$ +32.4%
1972 21.78 million current US$ +15.5%
1973 29.99 million current US$ +37.7%
1974 90.66 million current US$ +202.3%
1975 84.58 million current US$ -6.7%
1976 84.83 million current US$ +0.3%
1977 91.95 million current US$ +8.4%
1978 103.22 million current US$ +12.3%
1979 163.36 million current US$ +58.3%
1980 210.86 million current US$ +29.1%
1981 203.69 million current US$ -3.4%
1982 165.42 million current US$ -18.8%
1983 170.84 million current US$ +3.3%
1984 154.94 million current US$ -9.3%
1985 165.48 million current US$ +6.8%
1986 261.86 million current US$ +58.2%
1987 339.06 million current US$ +29.5%
1988 411.01 million current US$ +21.2%
1989 671.34 million current US$ +63.3%
1990 385.69 million current US$ -42.5%
1991 334.89 million current US$ -13.2%
1992 326.99 million current US$ -2.4%
1993 305.39 million current US$ -6.6%
1994 301.86 million current US$ -1.2%
1995 360.77 million current US$ +19.5%
1996 361.28 million current US$ +0.1%
1997 282.18 million current US$ -21.9%
1998 250.82 million current US$ -11.1%
1999 365.72 million current US$ +45.8%
2000 272.85 million current US$ -25.4%
2001 270.86 million current US$ -0.7%
2002 305.91 million current US$ +12.9%
2003 362.60 million current US$ +18.5%
2004 367.81 million current US$ +1.4%
2005 406.69 million current US$ +10.6%
2006 397.27 million current US$ -2.3%
2007 431.12 million current US$ +8.5%
2008 490.99 million current US$ +13.9%
2009 361.52 million current US$ -26.4%
2010 382.16 million current US$ +5.7%
2011 494.35 million current US$ +29.4%
2012 482.22 million current US$ -2.5%
2013 498.87 million current US$ +3.5%
2014 521.46 million current US$ +4.5%
2015 386.00 million current US$ -26.0%
2016 547.99 million current US$ +42.0%
2017 551.05 million current US$ +0.6%
2018 612.37 million current US$ +11.1%
2019 846.11 million current US$ +38.2%
2020 877.12 million current US$ +3.7%
2021 890.08 million current US$ +1.5%
2022 921.24 million current US$ +3.5%
2023 1.01 billion current US$ +9.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.89 million current US$ 7.96 million current US$ 14.90 million current US$ 6
1970s 70.35 million current US$ 14.24 million current US$ 163.36 million current US$ 10
1980s 275.45 million current US$ 154.94 million current US$ 671.34 million current US$ 10
1990s 327.56 million current US$ 250.82 million current US$ 385.69 million current US$ 10
2000s 366.76 million current US$ 270.86 million current US$ 490.99 million current US$ 10
2010s 532.26 million current US$ 382.16 million current US$ 846.11 million current US$ 10
2020s 923.49 million current US$ 877.12 million current US$ 1.01 billion current US$ 4

Countries ranked near Greenland

  1. 148 Bahamas 1.09 billion current US$ compare
  2. 149 Macau, China 1.08 billion current US$ compare
  3. 150 Benin 1.05 billion current US$ compare
  4. 152 Somalia 992.04 million current US$ compare
  5. 153 Malawi 965.51 million current US$ compare
  6. 154 Lesotho 957.67 million current US$ compare

See the full ranking of 253 places →

More private sector data for Greenland

All data for Greenland →

Frequently asked questions

What is merchandise exports by the reporting economy in Greenland?
Merchandise exports by the reporting economy in Greenland was 1.01 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Greenland?
The highest recorded value was 1.01 billion current US$ in 2023.
What is the lowest merchandise exports by the reporting economy recorded in Greenland?
The lowest recorded value was 7.96 million current US$ in 1968.
How does Greenland rank for merchandise exports by the reporting economy?
Greenland ranks 151st out of 206 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Greenland?
Over the last ten years it is up 101.6%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy in Greenland. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 23 August 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us/greenland/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.