2022
Exports
$26.1MWorld Rnk 11 / 71
Flag Rnk 412 / 1214
2022
PRODUCT COMPLEXITY IN Animal Fat
0.41Rnk 403 / 1025
2022
Imports
$15.8MWorld Rnk 19 / 154
Flag Rnk 619 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $26.1M in Animal Fat, making it the 11th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 412th most exported product in Denmark. The main destination of Animal Fat exports from Denmark are: China ($3.21M), Philippines ($2.73M), South Korea ($2.07M), Vietnam ($2.03M), and Japan ($1.84M).

The fastest growing export markets for Animal Fat of Denmark between 2021 and 2022 were Japan ($1.84M), Vietnam ($1.74M), and Philippines ($1.46M).

Imports In 2022, Denmark imported $15.8M in Animal Fat, becoming the 19th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 619th most imported product in Denmark. Denmark imports Animal Fat primarily from: Sweden ($4.77M), Germany ($4.24M), Netherlands ($1.55M), Poland ($1.54M), and Spain ($1.27M).

The fastest growing import markets in Animal Fat for Denmark between 2021 and 2022 were Sweden ($2.18M), Germany ($1.33M), and France ($537k).

Latest Trends

Oct 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 Fat. 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 (2022)$26.1M
IMPORTS (2022)$15.8M
NET TRADE (2022)$10.2M

In 2022, Denmark exported $26.1M in Animal Fat. The main destinations of Denmark exports on Animal Fat were China ($3.21M), Philippines ($2.73M), South Korea ($2.07M), Vietnam ($2.03M), and Japan ($1.84M).

In 2022, Denmark imported $15.8M in Animal Fat, mainly from Sweden ($4.77M), Germany ($4.24M), Netherlands ($1.55M), Poland ($1.54M), and Spain ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Japan$1.84M (42.2k%)
Vietnam$1.74M (612%)
Philippines$1.46M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Denmark WERE (2021 - 2022):
China-$15.8M (-83.1%)
Belarus-$1.87M (-100%)
Italy-$582k (-80.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Animal Fat were:
Spain $162M
Canada $92.6M
In 2022, Denmark's main importing competitors in Animal Fat were:

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $662k
TOP IMPORT POTENTIALPoland+ $195k

Animal Fat’s highest export potential is Germany. With an export gap of $662k.   Animal Fat’s highest import potential is Poland with an import gap of $195k.

See methodology.

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