2022
Exports
$424MWorld Rnk 25 / 210
Flag Rnk 59 / 1214
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$501MWorld Rnk 23 / 226
Flag Rnk 54 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $424M in Baked Goods, making it the 25th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 59th most exported product in Denmark. The main destination of Baked Goods exports from Denmark are: Germany ($70.2M), United States ($61.2M), Sweden ($60.6M), Norway ($35.4M), and China ($28.7M).

The fastest growing export markets for Baked Goods of Denmark between 2021 and 2022 were Sweden ($11.7M), United Kingdom ($7.47M), and United States ($6.85M).

Imports In 2022, Denmark imported $501M in Baked Goods, becoming the 23rd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 54th most imported product in Denmark. Denmark imports Baked Goods primarily from: Germany ($153M), Sweden ($109M), Netherlands ($51.1M), Poland ($38.8M), and Italy ($37.9M).

The fastest growing import markets in Baked Goods for Denmark between 2021 and 2022 were Poland ($13.6M), Sweden ($7.76M), and Belgium ($4.42M).

Latest Trends

Jul 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 Baked Goods. 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)$424M
IMPORTS (2022)$501M
NET TRADE (2022)-$76.4M

In 2022, Denmark exported $424M in Baked Goods. The main destinations of Denmark exports on Baked Goods were Germany ($70.2M), United States ($61.2M), Sweden ($60.6M), Norway ($35.4M), and China ($28.7M).

In 2022, Denmark imported $501M in Baked Goods, mainly from Germany ($153M), Sweden ($109M), Netherlands ($51.1M), Poland ($38.8M), and Italy ($37.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Sweden$11.7M (23.9%)
United Kingdom$7.47M (44.1%)
United States$6.85M (12.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Denmark WERE (2021 - 2022):
China-$14.1M (-32.9%)
Germany-$3.02M (-4.13%)
Malaysia-$1.31M (-56.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Denmark's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $35M
TOP IMPORT POTENTIALGermany+ $21.5M

Baked Goods’s highest export potential is Germany. With an export gap of $35M.   Baked Goods’s highest import potential is Germany with an import gap of $21.5M.

See methodology.

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