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Economic outlines and opportunities for innovation

More than 90% of Greenland exports stems from fishery activities (prawns, halibut, crab and cod). The fishing agreement with the EU sets out the fishing opportunities and financial contribution of EU. The mining sector is growing as well as the tourism (since the 1990’s the number of tourists has risen from 3.500 to app. 35.000 annually). Key opportunities for innovation
  • Diversification of fisheries:  mackerel, and fish farms
  • Diversification of hunting and agriculture: export of skin and meat products
  • Diversification of energy and minerals: gold, rubies, diamonds, coppers, olivine, marble, oil, rare earth minerals, and ikkaite
  • Tourism: more focus on the tourism industry

Greenland’s map

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Greenland SMALL
84.389420, -51.733932
GreenlandGreenland (Directions)


Member state: Denmark
Surface (km2): 2 166 086
EEZ (km2): 2 353 703
Population (2014): 56 282
Capital: Nuuk
Languages: Greenlandic, Danish
GDP per capita (€ – 2014): 27 540
Main economic sectors: Fishery, Hunting and agriculture, Energy and minerals, Tourism
Government website:

Innovation Manager



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  • QR Code labelling of products made from Inuit sealskins

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  • Greenland National Day in Brussels

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  • Octa Innovation Website