Products Imported from China to Greenland

In the calendar year of 2023, China exported goods worth US$788,000 to Greenland. Among the main exports from China to Greenland were Rubber Tires (US$310,000), Porcelain Tableware (US$200,000), Party Decorations (US$200,000), Bicycles, delivery tricycles, other cycles (US$30,345) and Other Measuring Instruments (US$5,093). Over the span of 28 years, China’s exports to Greenland have decreased at an annualized rate of 3.4%, rising from US$2.01 million in 1995 to US$788,000 in 2023.

List of All Products That Were Imported from China to Greenland

The table below presents a comprehensive list of all commodities that were exported from China to Greenland in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Greenland market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Greenland.

Trade Agreements between China and Greenland

There are no formal trade agreements directly between China and Greenland. Greenland, an autonomous territory within the Kingdom of Denmark, primarily handles its foreign affairs through the Danish government, though it has considerable control over its local resources and commercial ventures. The economic interactions between China and Greenland are mainly characterized by investment interests, particularly in the mining and energy sectors, rather than established trade agreements.

Here are the primary areas of interaction and potential future developments between China and Greenland:

1. Mining Sector Investments: China has shown significant interest in Greenland’s vast natural resources, including rare earth elements and other minerals essential for electronics and renewable technologies. Chinese companies, often state-owned, have looked into various mining projects in Greenland, which could involve direct investments and the development of mining facilities. These ventures are usually based on individual project agreements rather than broader trade agreements.
2. Potential Infrastructure Projects: Alongside mining, there has been interest from Chinese firms in developing infrastructure in Greenland, which would support mining activities and potentially broader economic development in the region. This includes the potential construction of ports, airports, and other key infrastructure components necessary for large-scale resource extraction and export.
3. Research and Scientific Cooperation: There have been instances of cooperation in scientific research and Arctic studies between Chinese and Greenlandic institutions. China’s interest in Arctic research is growing, and Greenland is a crucial area for studying climate change and Arctic environments. Collaborative projects in this area, while not trade agreements, help facilitate a form of soft diplomacy and mutual benefit.
4. Tourism and Cultural Exchange: There has been a growing interest from Chinese tourists in visiting Greenland. While again not a trade agreement, increasing tourism facilitates economic exchanges and opens opportunities for small-scale trade and investment in the local tourism sector.

Given the strategic importance of Greenland’s natural resources and its geopolitical position in the Arctic, economic interactions between China and Greenland could expand in the future, potentially leading to more structured agreements if political and environmental considerations allow. These future engagements would likely focus on the extraction and processing of natural resources and associated infrastructure development.