2022
Exports
$53.8MWorld Rnk 18 / 179
Flag Rnk 303 / 1214
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$74.2MWorld Rnk 17 / 219
Flag Rnk 313 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $53.8M in Candles, making it the 18th largest exporter of Candles in the world. At the same year, Candles was the 303rd most exported product in Denmark. The main destination of Candles exports from Denmark are: Norway ($17.3M), Sweden ($8.73M), Germany ($8.01M), Netherlands ($3.75M), and United States ($1.48M).

The fastest growing export markets for Candles of Denmark between 2021 and 2022 were Germany ($3.38M), Latvia ($754k), and Sweden ($619k).

Imports In 2022, Denmark imported $74.2M in Candles, becoming the 17th largest importer of Candles in the world. At the same year, Candles was the 313th most imported product in Denmark. Denmark imports Candles primarily from: Poland ($20.1M), Latvia ($15.4M), Sweden ($13.2M), Hungary ($8.1M), and Germany ($4.46M).

The fastest growing import markets in Candles for Denmark between 2021 and 2022 were Poland ($4.53M), Hungary ($2.83M), and Sweden ($1.95M).

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 Candles. 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)$53.8M
IMPORTS (2022)$74.2M
NET TRADE (2022)-$20.5M

In 2022, Denmark exported $53.8M in Candles. The main destinations of Denmark exports on Candles were Norway ($17.3M), Sweden ($8.73M), Germany ($8.01M), Netherlands ($3.75M), and United States ($1.48M).

In 2022, Denmark imported $74.2M in Candles, mainly from Poland ($20.1M), Latvia ($15.4M), Sweden ($13.2M), Hungary ($8.1M), and Germany ($4.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$3.38M (73.1%)
Latvia$754k (377%)
Sweden$619k (7.62%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Denmark WERE (2021 - 2022):
United Kingdom-$1.58M (-51.8%)
Spain-$1.08M (-49%)
France-$723k (-33.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Candles were:
China $1.27B
In 2022, Denmark's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.64M
TOP IMPORT POTENTIALChina+ $2.55M

Candles’s highest export potential is Germany. With an export gap of $4.64M.   Candles’s highest import potential is China with an import gap of $2.55M.

See methodology.

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