2022
Exports
$415MWorld Rnk 8 / 148
Flag Rnk 60 / 1214
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$125MWorld Rnk 26 / 220
Flag Rnk 215 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $415M in Butter, making it the 8th largest exporter of Butter in the world. At the same year, Butter was the 60th most exported product in Denmark. The main destination of Butter exports from Denmark are: Netherlands ($58.1M), Belgium ($37.4M), United Kingdom ($33M), Germany ($33M), and Saudi Arabia ($27.2M).

The fastest growing export markets for Butter of Denmark between 2021 and 2022 were Belgium ($29.1M), Netherlands ($22.2M), and France ($16.8M).

Imports In 2022, Denmark imported $125M in Butter, becoming the 26th largest importer of Butter in the world. At the same year, Butter was the 215th most imported product in Denmark. Denmark imports Butter primarily from: New Zealand ($65M), Germany ($26.5M), Netherlands ($14.1M), Belgium ($5.37M), and Sweden ($3.35M).

The fastest growing import markets in Butter for Denmark between 2021 and 2022 were New Zealand ($45M), Germany ($9.3M), and Netherlands ($1.73M).

Latest Trends

Aug 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 Butter. 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)$415M
IMPORTS (2022)$125M
NET TRADE (2022)$290M

In 2022, Denmark exported $415M in Butter. The main destinations of Denmark exports on Butter were Netherlands ($58.1M), Belgium ($37.4M), United Kingdom ($33M), Germany ($33M), and Saudi Arabia ($27.2M).

In 2022, Denmark imported $125M in Butter, mainly from New Zealand ($65M), Germany ($26.5M), Netherlands ($14.1M), Belgium ($5.37M), and Sweden ($3.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Belgium$29.1M (349%)
Netherlands$22.2M (61.7%)
France$16.8M (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Denmark WERE (2021 - 2022):
Kuwait-$7.76M (-74.2%)
China-$6.84M (-65.6%)
Poland-$1.55M (-18.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Butter were:
In 2022, Denmark's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.3M
TOP IMPORT POTENTIALGermany+ $7.18M

Butter’s highest export potential is Germany. With an export gap of $18.3M.   Butter’s highest import potential is Germany with an import gap of $7.18M.

See methodology.

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