2022
Exports
$9.32BWorld Rnk 49 / 216
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$14.7BWorld Rnk 41 / 225
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $9.32B in Mineral fuels, mineral oils and products of their distillation, making it the 49th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 3rd most exported product in Denmark. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Denmark are: Germany ($2.69B), Sweden ($1.72B), Netherlands ($1.65B), Norway ($788M), and Spain ($540M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Denmark between 2021 and 2022 were Germany ($1.69B), Netherlands ($463M), and Spain ($452M).

Imports In 2022, Denmark imported $14.7B in Mineral fuels, mineral oils and products of their distillation, becoming the 41st largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Denmark. Denmark imports Mineral fuels, mineral oils and products of their distillation primarily from: Norway ($3.05B), Sweden ($2.5B), Germany ($2.48B), United States ($1.95B), and Netherlands ($1.2B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Denmark between 2021 and 2022 were Norway ($1.35B), Sweden ($1.01B), and Germany ($929M).

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 Mineral fuels, mineral oils and products of their distillation. 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)$9.32B
IMPORTS (2022)$14.7B
NET TRADE (2022)-$5.4B

In 2022, Denmark exported $9.32B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Denmark exports on Mineral fuels, mineral oils and products of their distillation were Germany ($2.69B), Sweden ($1.72B), Netherlands ($1.65B), Norway ($788M), and Spain ($540M).

In 2022, Denmark imported $14.7B in Mineral fuels, mineral oils and products of their distillation, mainly from Norway ($3.05B), Sweden ($2.5B), Germany ($2.48B), United States ($1.95B), and Netherlands ($1.2B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$1.69B (168%)
Netherlands$463M (38.9%)
Spain$452M (513%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Denmark WERE (2021 - 2022):
Singapore-$311M (-81.3%)
Italy-$144M (-95.7%)
Morocco-$53.7M (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Denmark's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Denmark's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $167M
TOP IMPORT POTENTIALIndia+ $191M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is United States. With an export gap of $167M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is India with an import gap of $191M.

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