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Greenland: Merchandise imports by the reporting economy (current US$)

In , Greenland's Merchandise imports by the reporting economy (current US$) was $1.21 billion.

That's up 8.7% from 2022, the highest value on record.

The global average for this indicator in 2023 was $114.38 billion . Greenland ranks #179 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #52 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Greenland Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$1.21B
Trough
585.71M
1-year change
+8.7%
5-year change
+45.9%
+7.9% / yr
10-year change
+34.2%
+3.0% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
1.209B
1.112B
1.043B
843.483M
1.131B
828.409M
759.530M
733.214M
651.074M
771.305M

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Greenland's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Greenland's Merchandise imports by the reporting economy (current US$) was $1.21 billion, according to World Bank Open Data.
Is Greenland's Merchandise imports by the reporting economy (current US$) rising or falling?
Greenland's Merchandise imports by the reporting economy (current US$) rose 8.7% from 2022 to 2023.
How does Greenland rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Greenland ranked #179 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Greenland's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Greenland is below the world average. Within Europe & Central Asia, it ranks #52 of 53.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.