| March 2012 |
Total Exports To Greenland
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Meteorological, hydaulic and survey equipment | $4,880,000 |
2 | Aircraft | $4,853,379 |
3 | Low value shipments | $684,960 |
4 | Landline, cellular phone equipment | $208,656 |
5 | Bombs, grenades, cartridges, parts | $97,558 |
6 | Medical instruments for surgeons, dentists, vets | $74,169 |
7 | Sand-blasting, other liquid-dispersing equipment | $62,032 |
8 | Motor vehicles for transporting people | $58,880 |
9 | Sport shotguns, rifles | $32,027 |
10 | Medical equipment for physicals | $29,995 |
Total Imports From Greenland
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Live crustaceans | $1,395,930 |
2 | Computer parts | $2,123 |
3 | Salvage | $646 |
| March 2012 |
Top Greenland Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Norfolk | $9,790,983 |
2 | Boston | $1,202,223 |
3 | Low Value Shipments | $685,606 |
4 | St. Albans, Vt. | $267,876 |
5 | Chicago | $246,403 |
6 | New York City | $95,752 |
7 | Detroit | $89,727 |
8 | New Orleans | $88,694 |
9 | Cleveland | $78,803 |
10 | Los Angeles | $36,765 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Greenland’s trade rose to $12,653,035 through March
Greenland’s trade with the United States rose to $12,653,035 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 201.18 percent above its total trade during the same time period last year. Greenland’s exports increased 567.93 percent while imports dropped -44.41 percent. The U.S. surplus with Greenland was $9,855,637.
Through March, Greenland’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk, No. 2 Boston, No. 3 Low Value Shipments, No. 4 St. Albans, Vt. and No. 5 Chicago compared to last year when the top spots were held by No. 1 Boston, No. 2 Minneapolis, No. 3 Norfolk, No. 4 Houston and No. 5 New York City. In the current time period, the top five accounted for 3.77 percent of Greenland’s U.S. trade.. That compares to -65.55 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with Greenland,:
- Trade with No. 1 Norfolk rose 2,905.38 percent to $9,790,983.
Exports rose 2,905.38 percent to $9,790,983. Imports fell to $0. - Trade with No. 2 Boston fell -49.07 percent to $1,202,223.
Exports rose 237.90 percent to $74,169. Imports fell -51.77 percent to $1,128,054. - Trade with No. 3 Low Value Shipments rose 557.54 percent to $685,606.
Exports rose 559.04 percent to $684,960. Imports rose 92.84 percent to $646. - Trade with No. 4 St. Albans, Vt. rose 69.79 percent to $267,876.
Exports fell to $0. Imports rose 69.79 percent to $267,876. - Trade with No. 5 Chicago rose 179.15 percent to $246,403.
Exports rose 216.91 percent to $246,403. Imports fell -100.00 percent to $0.
Through March, 12 Customs districts posted trade surpluses with Greenland while 2 had deficits. That compares with 11 surpluses and 2 deficits for the same period one year ago. The top surplus was with Norfolk at $9,790,983, the largest deficit was with Boston at $-1,053,885.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to Greenland by value through March were meteorological, hydaulic and survey equipment; aircraft; low value shipments; landline, cellular phone equipment; and bombs, grenades, cartridges, parts, respectively. They accounted for 95.29 percent of total exports to Greenland.
The value of the top five U.S. imports from Greenland -- live crustaceans; computer parts; salvage; ; and -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Greenland:
- Meteorological, hydaulic and survey equipment rose 4,306.92 percent compared to last year to $4,880,000.
- Aircraft rose 1,222.32 percent compared to last year to $4,853,379.
- Low value shipments rose 559.04 percent compared to last year to $684,960.
- Landline, cellular phone equipment rose 6,932.56 percent compared to last year to $208,656.
- Bombs, grenades, cartridges, parts fell -39.91 percent compared to last year to $97,558.
Looking more closely at U.S. imports from Greenland
- Live crustaceans fell -41.03 percent compared to last year to $1,395,930.
- Computer parts rose compared to last year to $2,123.
- Salvage rose 92.84 percent compared to last year to $646.
- fell compared to last year to $0.
- fell compared to last year to $0.
In the latest annual figures available, Greenland recorded $4,201,088 in trade with the United States. At year’s end, its top five Customs districts were Boston, New York City, St. Albans, Vt., Norfolk and Cleveland. Total U.S. exports to Greenland were $7,312,585 and imports from Greenland were $7,486,174. The U.S. deficit with Greenland was $-173,589.