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8 February 2012 GREENLAND - BACKGROUND
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John Hamlin
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Government Type parliamentary democracy within a constitutional monarchy
Legal System Danish
Currency Danish krone (DKK)
Economic Overview The economy remains critically dependent on exports of fish and substantial support from the Danish Government, which supplies about half of government revenues. The public sector, including publicly owned enterprises and the municipalities, plays the dominant role in the economy. Despite several interesting hydrocarbon and minerals exploration activities, it will take several years before production can materialize. Tourism is the only sector offering any near-term potential, and even this is limited due to a short season and high costs.
Natural Resources zinc, lead, iron ore, coal, molybdenum, gold, platinum, uranium, fish, seals, whales, hydropower, possible oil and gas
Primary Industries fish processing (mainly shrimp and Greenland halibut), handicrafts, hides and skins, small shipyards, mining
Agricultural Products forage crops, garden and greenhouse vegetables; sheep, reindeer; fish
Import Commodities machinery and transport equipment, manufactured goods, food, petroleum products
Export Commodities fish and fish products 94% (prawns 63%)
Export Partners EU (mainly Denmark) 57%, Japan 16%, US 8% (2001)


AIRPORTS of Greenland
Sondre Stromfjord/Kangerlussuaq Airport International, Heliport Detals
Narsarsuaq Airport Position 61°09´34"N, 045°25´26"W, Elevation 34m (111ft) Detals


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