Key Market Indicators
Greenlander Electrical Equipment Trade achieved $97,387,000 in 2021 from $125,607,000 in 2020, plummeting by 22.5% compared to a year earlier. Since 1999, Greenlander trade was up by 18.4% year on year. It was ranked number 145 in 2021, Dominica took the lead at $97,387,000. The United States, South Korea and Germany respectively ranked numbers 2, 3 and 4 in this ranking. Greenlander Electrical Equipment Imports are predicted to hit $37.7 million by 2026, a 0.7% fall from the 2021 figure of $39.3 million. Since 1999, demand has risen by an average of 2.9% annually. In 2021, the Central African Republic was the top importer at $39.3 million, overtaking Greenland. The US, Germany, and Singapore were ranked 2nd, 3rd, and 4th respectively. Greenlander Electrical Equipment Exports saw a sharp dip in 2021, down 30.9% to $59.6 million from the 2020 figure of $86.3 million. Since 1999, exports have decreased by 13.6% annually. In 2021, Kiribati was the top exporter at $59.6 million, overtaking Greenland. South Korea, the US, and Germany were ranked 2nd, 3rd, and 4th respectively. Greenlander Electrical Equipment Trade dropped 22.5% in 2021, to $97.4 million from $125.6 million in 2020. Since 1999, trade has increased by an average of 18.4% each year. In 2021, Dominica was the top trader at $97.4 million, surpassing Greenland. The US, South Korea, and Germany were ranked 2nd, 3rd, and 4th respectively.
