2023
Exports
$1.02BWorld Rnk 29 / 212
Flag Rnk 15 / 21
2023
PRODUCT COMPLEXITY IN Animal and Vegetable Bi-Products
0.62Rnk 319 / 1025
2023
Imports
$1.31BWorld Rnk 30 / 225
Flag Rnk 16 / 21
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $1.02B in Animal and Vegetable Bi-Products, making it the 29th largest exporter of Animal and Vegetable Bi-Products in the world. At the same year, Animal and Vegetable Bi-Products was the 15th most exported product in Denmark. The main destination of Animal and Vegetable Bi-Products exports from Denmark are: Norway ($319M), Sweden ($266M), Netherlands ($73.1M), United Kingdom ($58M), and Poland ($33.9M).

The fastest growing export markets for Animal and Vegetable Bi-Products of Denmark between 2022 and 2023 were Norway ($120M), United Kingdom ($24.5M), and United States ($15.6M).

Imports In 2023, Denmark imported $1.31B in Animal and Vegetable Bi-Products, becoming the 30th largest importer of Animal and Vegetable Bi-Products in the world. At the same year, Animal and Vegetable Bi-Products was the 16th most imported product in Denmark. Denmark imports Animal and Vegetable Bi-Products primarily from: Germany ($414M), Netherlands ($169M), Malaysia ($77M), Norway ($75.6M), and Panama ($66.2M).

The fastest growing import markets in Animal and Vegetable Bi-Products for Denmark between 2022 and 2023 were Panama ($63.2M), Germany ($48.4M), and Mexico ($32.4M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal and Vegetable Bi-Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.02B
IMPORTS (2023)$1.31B
NET TRADE (2023)-$291M

In 2023, Denmark exported $1.02B in Animal and Vegetable Bi-Products. The main destinations of Denmark exports on Animal and Vegetable Bi-Products were Norway ($319M), Sweden ($266M), Netherlands ($73.1M), United Kingdom ($58M), and Poland ($33.9M).

In 2023, Denmark imported $1.31B in Animal and Vegetable Bi-Products, mainly from Germany ($414M), Netherlands ($169M), Malaysia ($77M), Norway ($75.6M), and Panama ($66.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal and Vegetable Bi-Products EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Norway$120M (59.9%)
United Kingdom$24.5M (73%)
United States$15.6M (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal and Vegetable Bi-Products BY Denmark WERE (2022 - 2023):
Sweden-$72.8M (-21.5%)
Netherlands-$26.1M (-26.3%)
Uruguay-$23.4M (-45.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Animal and Vegetable Bi-Products were:
In 2023, Denmark's main importing competitors in Animal and Vegetable Bi-Products were:

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Trade Value of Animal and Vegetable Bi-Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $26.2M
TOP IMPORT POTENTIALIndonesia+ $22.5M

Animal and Vegetable Bi-Products’s highest export potential is Germany. With an export gap of $26.2M.   Animal and Vegetable Bi-Products’s highest import potential is Indonesia with an import gap of $22.5M.

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