2023
Exports
$2.15MWorld Rnk 77 / 194
Flag Rnk 816 / 1210
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$10.1MWorld Rnk 45 / 217
Flag Rnk 695 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $2.15M in Essential Oils, making it the 77th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 816th most exported product in Denmark. The main destination of Essential Oils exports from Denmark are: Netherlands ($382k), Sweden ($206k), Norway ($203k), Germany ($177k), and Saudi Arabia ($130k).

The fastest growing export markets for Essential Oils of Denmark between 2022 and 2023 were Germany ($97.9k), Netherlands ($94.2k), and Slovakia ($31.3k).

Imports In 2023, Denmark imported $10.1M in Essential Oils, becoming the 45th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 695th most imported product in Denmark. Denmark imports Essential Oils primarily from: Germany ($2.27M), United Kingdom ($1.44M), Switzerland ($1.31M), France ($1.21M), and Australia ($647k).

The fastest growing import markets in Essential Oils for Denmark between 2022 and 2023 were Germany ($673k), Australia ($360k), and France ($326k).

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 Essential 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)$2.15M
IMPORTS (2023)$10.1M
NET TRADE (2023)-$7.9M

In 2023, Denmark exported $2.15M in Essential Oils. The main destinations of Denmark exports on Essential Oils were Netherlands ($382k), Sweden ($206k), Norway ($203k), Germany ($177k), and Saudi Arabia ($130k).

In 2023, Denmark imported $10.1M in Essential Oils, mainly from Germany ($2.27M), United Kingdom ($1.44M), Switzerland ($1.31M), France ($1.21M), and Australia ($647k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Germany$97.9k (124%)
Netherlands$94.2k (32.8%)
Slovakia$31.3k (260%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Denmark WERE (2022 - 2023):
Saudi Arabia-$302k (-69.9%)
United Kingdom-$208k (-65.1%)
France-$97.9k (-77.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Essential Oils were:
In 2023, Denmark's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $293k
TOP IMPORT POTENTIALIndia+ $1.15M

Essential Oils’s highest export potential is United States. With an export gap of $293k.   Essential Oils’s highest import potential is India with an import gap of $1.15M.

See methodology.

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