2022
Exports
$522MWorld Rnk 12 / 169
Flag Rnk 52 / 1214
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$422MWorld Rnk 16 / 217
Flag Rnk 65 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $522M in Crustaceans, making it the 12th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 52nd most exported product in Denmark. The main destination of Crustaceans exports from Denmark are: China ($197M), Italy ($62.3M), Sweden ($50M), Norway ($34.5M), and Albania ($23M).

The fastest growing export markets for Crustaceans of Denmark between 2021 and 2022 were China ($99.1M), Italy ($9.45M), and Albania ($8.9M).

Imports In 2022, Denmark imported $422M in Crustaceans, becoming the 16th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 65th most imported product in Denmark. Denmark imports Crustaceans primarily from: Greenland ($273M), Canada ($39.5M), Norway ($23.5M), Vietnam ($21.2M), and Germany ($9.03M).

The fastest growing import markets in Crustaceans for Denmark between 2021 and 2022 were Greenland ($14.9M), Vietnam ($6.38M), and Belgium ($2.44M).

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 Crustaceans. 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)$522M
IMPORTS (2022)$422M
NET TRADE (2022)$99.5M

In 2022, Denmark exported $522M in Crustaceans. The main destinations of Denmark exports on Crustaceans were China ($197M), Italy ($62.3M), Sweden ($50M), Norway ($34.5M), and Albania ($23M).

In 2022, Denmark imported $422M in Crustaceans, mainly from Greenland ($273M), Canada ($39.5M), Norway ($23.5M), Vietnam ($21.2M), and Germany ($9.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
China$99.1M (102%)
Italy$9.45M (17.9%)
Albania$8.9M (62.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Denmark WERE (2021 - 2022):
Russia-$60.3M (-83.5%)
United States-$39.5M (-79.4%)
Norway-$12.1M (-26%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Denmark's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.8M
TOP IMPORT POTENTIALIndia+ $7.29M

Crustaceans’s highest export potential is China. With an export gap of $10.8M.   Crustaceans’s highest import potential is India with an import gap of $7.29M.

See methodology.

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