2022
Exports
$137kWorld Rnk 68 / 109
Flag Rnk 1078 / 1214
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$2.95MWorld Rnk 32 / 137
Flag Rnk 908 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $137k in Wool, making it the 68th largest exporter of Wool in the world. At the same year, Wool was the 1078th most exported product in Denmark. The main destination of Wool exports from Denmark are: United Kingdom ($80.3k), South Africa ($19.4k), Belgium ($11.9k), Romania ($11.8k), and Greenland ($4.21k).

The fastest growing export markets for Wool of Denmark between 2021 and 2022 were United Kingdom ($78.1k), South Africa ($19.4k), and Belgium ($11.9k).

Imports In 2022, Denmark imported $2.95M in Wool, becoming the 32nd largest importer of Wool in the world. At the same year, Wool was the 908th most imported product in Denmark. Denmark imports Wool primarily from: New Zealand ($1.74M), China ($588k), United Kingdom ($416k), Iceland ($89.8k), and Belgium ($76.2k).

The fastest growing import markets in Wool for Denmark between 2021 and 2022 were United Kingdom ($114k), Iceland ($47.8k), and Vietnam ($1.96k).

Latest Trends

Jul 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 Wool. 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)$137k
IMPORTS (2022)$2.95M
NET TRADE (2022)-$2.81M

In 2022, Denmark exported $137k in Wool. The main destinations of Denmark exports on Wool were United Kingdom ($80.3k), South Africa ($19.4k), Belgium ($11.9k), Romania ($11.8k), and Greenland ($4.21k).

In 2022, Denmark imported $2.95M in Wool, mainly from New Zealand ($1.74M), China ($588k), United Kingdom ($416k), Iceland ($89.8k), and Belgium ($76.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United Kingdom$78.1k (3.55k%)
South Africa$19.4k (1%)
Belgium$11.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Denmark WERE (2021 - 2022):
Norway-$16.1k (-86.8%)
Lithuania-$5.4k (-94.3%)
Switzerland-$4.56k (-59.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Wool were:
In 2022, Denmark's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.77k
TOP IMPORT POTENTIALBelgium+ $11.9k

Wool’s highest export potential is United Kingdom. With an export gap of $4.77k.   Wool’s highest import potential is Belgium with an import gap of $11.9k.

See methodology.

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