2021
Exports | Imports
$407M | $2.61BWorld Rnk 53 / 147
Flag Rnk 64 / 1206
World Rnk 40 / 163
Flag Rnk 4 / 1208
2021
ECONOMIC COMPLEXITY of Denmark
1.02Rnk 27 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Denmark exported $407M in Crude Petroleum, making it the 53rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 64th most exported product in Denmark. The main destination of Crude Petroleum exports from Denmark are: Italy ($144M), Netherlands ($102M), Finland ($48.2M), Ireland ($33.8M), and Sweden ($27.9M).

The fastest growing export markets for Crude Petroleum of Denmark between 2020 and 2021 were Italy ($144M), Finland ($40.3M), and Ireland ($33.8M).

Imports In 2021, Denmark imported $2.61B in Crude Petroleum, becoming the 40th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Denmark. Denmark imports Crude Petroleum primarily from: United States ($1.02B), Norway ($484M), Russia ($461M), Nigeria ($231M), and Libya ($195M).

The fastest growing import markets in Crude Petroleum for Denmark between 2020 and 2021 were United States ($456M), United Kingdom ($167M), and Libya ($167M).

Latest Trends

Dec 2023

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 Crude Petroleum. 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 (2021)$407M
IMPORTS (2021)$2.61B
NET TRADE (2021)-$2.21B

In 2021, Denmark exported $407M in Crude Petroleum. The main destinations of Denmark exports on Crude Petroleum were Italy ($144M), Netherlands ($102M), Finland ($48.2M), Ireland ($33.8M), and Sweden ($27.9M).

In 2021, Denmark imported $2.61B in Crude Petroleum, mainly from United States ($1.02B), Norway ($484M), Russia ($461M), Nigeria ($231M), and Libya ($195M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Denmark WERE (2020 - 2021):
Italy$144M (1%)
Finland$40.3M (507%)
Ireland$33.8M (9.9M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Denmark WERE (2020 - 2021):
Sweden-$91.2M (-76.6%)
Norway-$13.6M (-53.1%)
Portugal-$12.1M (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Denmark's main exporting competitors in Crude Petroleum were:
In 2021, Denmark's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

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