2023
Exports
$30.4BWorld Rnk 18 / 226
Flag Rnk 1 / 21
2023
PRODUCT COMPLEXITY IN Chemical Products
2.31Rnk 1 / 1025
2023
Imports
$12BWorld Rnk 38 / 226
Flag Rnk 4 / 21
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $30.4B in Chemical Products, making it the 18th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 1st most exported product in Denmark. The main destination of Chemical Products exports from Denmark are: United States ($6.44B), China ($2.76B), Sweden ($1.85B), Netherlands ($1.68B), and Germany ($1.62B).

The fastest growing export markets for Chemical Products of Denmark between 2022 and 2023 were Netherlands ($1.06B), Canada ($426M), and Switzerland ($320M).

Imports In 2023, Denmark imported $12B in Chemical Products, becoming the 38th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Denmark. Denmark imports Chemical Products primarily from: Germany ($2.29B), Netherlands ($1.13B), France ($1.09B), Sweden ($991M), and China ($837M).

The fastest growing import markets in Chemical Products for Denmark between 2022 and 2023 were United States ($267M), France ($221M), and Sweden ($78.5M).

COMPANIES In 2024, leading companies such as IKEA Group (6), Chevron (2), and Vestas (1) were at the forefront of shipping Chemical Products from Denmark to the United States.

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 Chemical 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)$30.4B
IMPORTS (2023)$12B
NET TRADE (2023)$18.4B

In 2023, Denmark exported $30.4B in Chemical Products. The main destinations of Denmark exports on Chemical Products were United States ($6.44B), China ($2.76B), Sweden ($1.85B), Netherlands ($1.68B), and Germany ($1.62B).

In 2023, Denmark imported $12B in Chemical Products, mainly from Germany ($2.29B), Netherlands ($1.13B), France ($1.09B), Sweden ($991M), and China ($837M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Netherlands$1.06B (170%)
Canada$426M (58.1%)
Switzerland$320M (92.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Denmark WERE (2022 - 2023):
United States-$1.42B (-18.1%)
South Korea-$190M (-66%)
Japan-$69.7M (-6.27%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Chemical Products were:
In 2023, Denmark's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.26B
TOP IMPORT POTENTIALGermany+ $895M

Chemical Products’s highest export potential is Germany. With an export gap of $1.26B.   Chemical Products’s highest import potential is Germany with an import gap of $895M.

See methodology.

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