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2022
Exports $207kWorld Rnk 29 / 99
Flag Rnk 1055 / 1214
2022
Destination $71.5k Norway
2021 - 2022
FASTEST GROWING MARKET $71.5kNorway
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $237kWorld Rnk 40 / 185
Flag Rnk 1112 / 1214
2022
Origin $27.7k Spain
2021 - 2022
FASTEST GROWING ORIGIN $27.7kSpain
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $207k in Ground Nut Oil, making it the 29th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1055th most exported product in Denmark. The main destination of Ground Nut Oil exports from Denmark are: Norway ($111k), Greenland ($44k), Sweden ($17.8k), Malaysia ($9.06k), and Netherlands ($7.69k).

The fastest growing export markets for Ground Nut Oil of Denmark between 2021 and 2022 were Norway ($71.5k), Greenland ($12k), and Malaysia ($9.06k).

Imports In 2018, Denmark imported $237k in Ground Nut Oil, becoming the 40th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1112th most imported product in Denmark. Denmark imports Ground Nut Oil primarily from: Spain ($57.5k), Italy ($47.4k), Netherlands ($39.4k), Germany ($26k), and Czechia ($22.3k).

The fastest growing import markets in Ground Nut Oil for Denmark between 2021 and 2022 were Spain ($27.7k), Netherlands ($22.8k), and Czechia ($17.9k).

Latest Trends

Oct 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 Ground Nut Oil. 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)$207k
IMPORTS (2022)$237k
NET TRADE (2022)-$30.2k

In 2022, Denmark exported $207k in Ground Nut Oil. The main destinations of Denmark exports on Ground Nut Oil were Norway ($111k), Greenland ($44k), Sweden ($17.8k), Malaysia ($9.06k), and Netherlands ($7.69k).

In 2022, Denmark imported $237k in Ground Nut Oil, mainly from Spain ($57.5k), Italy ($47.4k), Netherlands ($39.4k), Germany ($26k), and Czechia ($22.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Norway$71.5k (183%)
Greenland$12k (37.4%)
Malaysia$9.06k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Denmark WERE (2021 - 2022):
Sweden-$8.59k (-32.6%)
Rwanda-$695 (-100%)
Canada-$246 (-64.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Denmark's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.5k
TOP IMPORT POTENTIALIndia+ $15.2k

Ground Nut Oil’s highest export potential is China. With an export gap of $17.5k.   Ground Nut Oil’s highest import potential is India with an import gap of $15.2k.

See methodology.

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