2023
Exports
$213MWorld Rnk 58 / 150
Flag Rnk 116 / 1210
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$3.08BWorld Rnk 40 / 159
Flag Rnk 5 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $213M in Crude Petroleum, making it the 58th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 116th most exported product in Denmark. The main destination of Crude Petroleum exports from Denmark are: Sweden ($92.4M), United Kingdom ($55M), Germany ($32.1M), Ireland ($25.2M), and Netherlands ($8.1M).

The fastest growing export markets for Crude Petroleum of Denmark between 2022 and 2023 were Sweden ($66.9M), United Kingdom ($55M), and Ireland ($25.2M).

Imports In 2023, Denmark imported $3.08B in Crude Petroleum, becoming the 40th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 5th most imported product in Denmark. Denmark imports Crude Petroleum primarily from: United States ($1.9B), Norway ($617M), United Kingdom ($280M), Nigeria ($137M), and Guyana ($87.9M).

The fastest growing import markets in Crude Petroleum for Denmark between 2022 and 2023 were Nigeria ($137M), Guyana ($87.9M), and United States ($49.9M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$213M
IMPORTS (2023)$3.08B
NET TRADE (2023)-$2.87B

In 2023, Denmark exported $213M in Crude Petroleum. The main destinations of Denmark exports on Crude Petroleum were Sweden ($92.4M), United Kingdom ($55M), Germany ($32.1M), Ireland ($25.2M), and Netherlands ($8.1M).

In 2023, Denmark imported $3.08B in Crude Petroleum, mainly from United States ($1.9B), Norway ($617M), United Kingdom ($280M), Nigeria ($137M), and Guyana ($87.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Sweden$66.9M (263%)
United Kingdom$55M (188k%)
Ireland$25.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Denmark WERE (2022 - 2023):
Netherlands-$117M (-93.5%)
Germany-$95.7M (-74.9%)
Finland-$74.5M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Denmark's main exporting competitors in Crude Petroleum were:
In 2023, Denmark's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $89.6M
TOP IMPORT POTENTIALRussia+ $106M

Crude Petroleum’s highest export potential is Germany. With an export gap of $89.6M.   Crude Petroleum’s highest import potential is Russia with an import gap of $106M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with