2023
Exports
$105kWorld Rnk 37 / 76
Flag Rnk 1096 / 1210
2023
PRODUCT COMPLEXITY IN Hops
0.45Rnk 386 / 1025
2023
Imports
$4.91MWorld Rnk 28 / 162
Flag Rnk 823 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $105k in Hops, making it the 37th largest exporter of Hops in the world. At the same year, Hops was the 1096th most exported product in Denmark. The main destination of Hops exports from Denmark are: Finland ($53.1k), Norway ($17k), Greenland ($13.1k), Iceland ($7.66k), and Germany ($5.11k).

The fastest growing export markets for Hops of Denmark between 2022 and 2023 were Norway ($14.7k), Finland ($7.65k), and Germany ($5.11k).

Imports In 2023, Denmark imported $4.91M in Hops, becoming the 28th largest importer of Hops in the world. At the same year, Hops was the 823rd most imported product in Denmark. Denmark imports Hops primarily from: Belgium ($2.57M), Germany ($1.32M), Netherlands ($379k), Poland ($290k), and Sweden ($161k).

The fastest growing import markets in Hops for Denmark between 2022 and 2023 were Poland ($243k), Netherlands ($226k), and France ($32.9k).

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 Hops. 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)$105k
IMPORTS (2023)$4.91M
NET TRADE (2023)-$4.8M

In 2023, Denmark exported $105k in Hops. The main destinations of Denmark exports on Hops were Finland ($53.1k), Norway ($17k), Greenland ($13.1k), Iceland ($7.66k), and Germany ($5.11k).

In 2023, Denmark imported $4.91M in Hops, mainly from Belgium ($2.57M), Germany ($1.32M), Netherlands ($379k), Poland ($290k), and Sweden ($161k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Norway$14.7k (663%)
Finland$7.65k (16.8%)
Germany$5.11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Denmark WERE (2022 - 2023):
Sweden-$18k (-80.2%)
Iceland-$3.35k (-30.5%)
Greenland-$2.11k (-13.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $2.38k
TOP IMPORT POTENTIALGermany+ $581k

Hops’s highest export potential is Netherlands. With an export gap of $2.38k.   Hops’s highest import potential is Germany with an import gap of $581k.

See methodology.

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