2022
Exports
$6.25MWorld Rnk 48 / 139
Flag Rnk 676 / 1214
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$24.6MWorld Rnk 53 / 200
Flag Rnk 531 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $6.25M in Soybeans, making it the 48th largest exporter of Soybeans in the world. At the same year, Soybeans was the 676th most exported product in Denmark. The main destination of Soybeans exports from Denmark are: Sweden ($5M), Netherlands ($704k), Germany ($152k), Ethiopia ($69.4k), and Finland ($64.1k).

The fastest growing export markets for Soybeans of Denmark between 2021 and 2022 were Netherlands ($469k), Germany ($77.7k), and Spain ($36.5k).

Imports In 2022, Denmark imported $24.6M in Soybeans, becoming the 53rd largest importer of Soybeans in the world. At the same year, Soybeans was the 531st most imported product in Denmark. Denmark imports Soybeans primarily from: Netherlands ($9.68M), China ($3.32M), Slovenia ($3.06M), Luxembourg ($2.95M), and Croatia ($1.65M).

The fastest growing import markets in Soybeans for Denmark between 2021 and 2022 were Netherlands ($2.62M), Slovenia ($2.33M), and Croatia ($1.65M).

Latest Trends

Nov 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 Soybeans. 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)$6.25M
IMPORTS (2022)$24.6M
NET TRADE (2022)-$18.3M

In 2022, Denmark exported $6.25M in Soybeans. The main destinations of Denmark exports on Soybeans were Sweden ($5M), Netherlands ($704k), Germany ($152k), Ethiopia ($69.4k), and Finland ($64.1k).

In 2022, Denmark imported $24.6M in Soybeans, mainly from Netherlands ($9.68M), China ($3.32M), Slovenia ($3.06M), Luxembourg ($2.95M), and Croatia ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$469k (199%)
Germany$77.7k (105%)
Spain$36.5k (1.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Denmark WERE (2021 - 2022):
Sweden-$240k (-4.58%)
Italy-$70.5k (-87.5%)
Norway-$67.3k (-67.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Soybeans were:
In 2022, Denmark's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.78M
TOP IMPORT POTENTIALGermany+ $427k

Soybeans’s highest export potential is Germany. With an export gap of $1.78M.   Soybeans’s highest import potential is Germany with an import gap of $427k.

See methodology.

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