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2022
Exports $153MWorld Rnk 23 / 149
Flag Rnk 155 / 1214
2022
Destination $9.6M Netherlands
2021 - 2022
FASTEST GROWING MARKET $9.6MUruguay
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2022
Imports $263MWorld Rnk 43 / 208
Flag Rnk 115 / 1214
2022
Origin $35.4M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $35.4MIndonesia
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $153M in Palm Oil, making it the 23rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 155th most exported product in Denmark. The main destination of Palm Oil exports from Denmark are: Netherlands ($43.1M), Sweden ($42.8M), Uruguay ($25.8M), Poland ($12.7M), and Brazil ($9.62M).

The fastest growing export markets for Palm Oil of Denmark between 2021 and 2022 were Uruguay ($9.6M), Netherlands ($9.46M), and Italy ($5.77M).

Imports In 2022, Denmark imported $263M in Palm Oil, becoming the 43rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 115th most imported product in Denmark. Denmark imports Palm Oil primarily from: Indonesia ($81.1M), Germany ($77.8M), Malaysia ($68M), Netherlands ($32.2M), and Sweden ($2.03M).

The fastest growing import markets in Palm Oil for Denmark between 2021 and 2022 were Indonesia ($35.4M), Germany ($19M), and Netherlands ($6.87M).

Latest Trends

Sep 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 Palm Oil. 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)$153M
IMPORTS (2022)$263M
NET TRADE (2022)-$111M

In 2022, Denmark exported $153M in Palm Oil. The main destinations of Denmark exports on Palm Oil were Netherlands ($43.1M), Sweden ($42.8M), Uruguay ($25.8M), Poland ($12.7M), and Brazil ($9.62M).

In 2022, Denmark imported $263M in Palm Oil, mainly from Indonesia ($81.1M), Germany ($77.8M), Malaysia ($68M), Netherlands ($32.2M), and Sweden ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Uruguay$9.6M (59.3%)
Netherlands$9.46M (28.1%)
Italy$5.77M (647%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Denmark WERE (2021 - 2022):
United States-$2.89M (-100%)
Iceland-$73.4k (-47.7%)
Belgium-$38.4k (-27.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Denmark's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $3.51M
TOP IMPORT POTENTIALIndonesia+ $19.8M

Palm Oil’s highest export potential is Italy. With an export gap of $3.51M.   Palm Oil’s highest import potential is Indonesia with an import gap of $19.8M.

See methodology.

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