2023
Exports
$1.83BWorld Rnk 4 / 115
Flag Rnk 7 / 1210
2023
PRODUCT COMPLEXITY IN Hormones
0.83Rnk 237 / 1025
2023
Imports
$288MWorld Rnk 10 / 194
Flag Rnk 98 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $1.83B in Hormones, making it the 4th largest exporter of Hormones in the world. At the same year, Hormones was the 7th most exported product in Denmark. The main destination of Hormones exports from Denmark are: China ($1.52B), United States ($157M), France ($65.5M), Brazil ($45.8M), and India ($19.9M).

The fastest growing export markets for Hormones of Denmark between 2022 and 2023 were China ($224M), France ($6M), and South Africa ($4.32M).

Imports In 2023, Denmark imported $288M in Hormones, becoming the 10th largest importer of Hormones in the world. At the same year, Hormones was the 98th most imported product in Denmark. Denmark imports Hormones primarily from: United States ($202M), Portugal ($67.1M), Sweden ($9.73M), Netherlands ($3.09M), and Germany ($2.3M).

The fastest growing import markets in Hormones for Denmark between 2022 and 2023 were United States ($191M), Sweden ($9.56M), and Ireland ($457k).

Latest Trends

Jan 2025

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 Hormones. 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)$1.83B
IMPORTS (2023)$288M
NET TRADE (2023)$1.54B

In 2023, Denmark exported $1.83B in Hormones. The main destinations of Denmark exports on Hormones were China ($1.52B), United States ($157M), France ($65.5M), Brazil ($45.8M), and India ($19.9M).

In 2023, Denmark imported $288M in Hormones, mainly from United States ($202M), Portugal ($67.1M), Sweden ($9.73M), Netherlands ($3.09M), and Germany ($2.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
China$224M (17.3%)
France$6M (10.1%)
South Africa$4.32M (1.1M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Denmark WERE (2022 - 2023):
United States-$39.5M (-20.1%)
India-$5.71M (-22.3%)
Iran-$4.93M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.6M
TOP IMPORT POTENTIALGermany+ $5.22M

Hormones’s highest export potential is United States. With an export gap of $32.6M.   Hormones’s highest import potential is Germany with an import gap of $5.22M.

See methodology.

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