2023
Exports
$1.27MWorld Rnk 75 / 150
Flag Rnk 892 / 1210
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$28.2MWorld Rnk 70 / 216
Flag Rnk 495 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $1.27M in Seed Oils, making it the 75th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 892nd most exported product in Denmark. The main destination of Seed Oils exports from Denmark are: Netherlands ($647k), Belgium ($145k), Germany ($138k), Italy ($129k), and Sweden ($73.9k).

The fastest growing export markets for Seed Oils of Denmark between 2022 and 2023 were Belgium ($145k), Italy ($75.8k), and Sweden ($31.3k).

Imports In 2023, Denmark imported $28.2M in Seed Oils, becoming the 70th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 495th most imported product in Denmark. Denmark imports Seed Oils primarily from: Germany ($13.2M), Spain ($3.72M), Netherlands ($2.41M), Hungary ($2.17M), and Belgium ($1.55M).

The fastest growing import markets in Seed Oils for Denmark between 2022 and 2023 were Germany ($2.52M), Serbia ($435k), and Spain ($328k).

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 Seed Oils. 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)$1.27M
IMPORTS (2023)$28.2M
NET TRADE (2023)-$26.9M

In 2023, Denmark exported $1.27M in Seed Oils. The main destinations of Denmark exports on Seed Oils were Netherlands ($647k), Belgium ($145k), Germany ($138k), Italy ($129k), and Sweden ($73.9k).

In 2023, Denmark imported $28.2M in Seed Oils, mainly from Germany ($13.2M), Spain ($3.72M), Netherlands ($2.41M), Hungary ($2.17M), and Belgium ($1.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Belgium$145k (36.4k%)
Italy$75.8k (143%)
Sweden$31.3k (73.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Denmark WERE (2022 - 2023):
Netherlands-$720k (-52.7%)
Germany-$156k (-53.1%)
Spain-$42.6k (-98.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Denmark's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $342k
TOP IMPORT POTENTIALUkraine+ $2.74M

Seed Oils’s highest export potential is Germany. With an export gap of $342k.   Seed Oils’s highest import potential is Ukraine with an import gap of $2.74M.

See methodology.

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