Key Market Indicators
Greenland's truck export market is projected to reach approximately $63,800 by 2028, up from around $51,700 in 2023. This marks an average annual growth rate of 3.3%. Reflecting a broader trend, Greenland's truck supply has surged by 34.7% annually since 2008. In 2023, Greenland ranked 94th globally in truck exports, with Moldova surpassing it, boasting exports valued at $51,710. Leading the global rankings in truck exports were the United States, Germany, and France, occupying the second, third, and fourth positions respectively. On the import side, Greenland's truck imports are expected to climb to about $4.43 million by 2028, rising from approximately $4.12 million in 2023. This represents an average annual growth rate of 1.2%. Since 1999, Greenland's demand for truck imports has consistently grown at the same annual rate of 1.2%.