2023
Exports
$74.9MWorld Rnk 27 / 150
Flag Rnk 239 / 1210
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$205MWorld Rnk 46 / 206
Flag Rnk 132 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $74.9M in Palm Oil, making it the 27th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 239th most exported product in Denmark. The main destination of Palm Oil exports from Denmark are: Sweden ($22.8M), Poland ($13.6M), Italy ($12.4M), Uruguay ($10.6M), and Netherlands ($7.46M).

The fastest growing export markets for Palm Oil of Denmark between 2022 and 2023 were Poland ($2.56M), Italy ($2.28M), and Lithuania ($1.27M).

Imports In 2023, Denmark imported $205M in Palm Oil, becoming the 46th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 132nd most imported product in Denmark. Denmark imports Palm Oil primarily from: Germany ($60.5M), Malaysia ($55.3M), Netherlands ($53.2M), Indonesia ($32.9M), and Sweden ($1.79M).

The fastest growing import markets in Palm Oil for Denmark between 2022 and 2023 were Germany ($25.5M), Netherlands ($2.72M), and Switzerland ($713k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Palm 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 (2023)$74.9M
IMPORTS (2023)$205M
NET TRADE (2023)-$131M

In 2023, Denmark exported $74.9M in Palm Oil. The main destinations of Denmark exports on Palm Oil were Sweden ($22.8M), Poland ($13.6M), Italy ($12.4M), Uruguay ($10.6M), and Netherlands ($7.46M).

In 2023, Denmark imported $205M in Palm Oil, mainly from Germany ($60.5M), Malaysia ($55.3M), Netherlands ($53.2M), Indonesia ($32.9M), and Sweden ($1.79M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Poland$2.56M (23.2%)
Italy$2.28M (22.5%)
Lithuania$1.27M (191%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Denmark WERE (2022 - 2023):
Uruguay-$12.9M (-54.8%)
Sweden-$11.6M (-33.7%)
United Kingdom-$8.94M (-94.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Palm Oil were:
In 2023, Denmark's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $3.51M
TOP IMPORT POTENTIALIndonesia+ $19.8M

Palm Oil’s highest export potential is Italy. With an export gap of $3.51M.   Palm Oil’s highest import potential is Indonesia with an import gap of $19.8M.

See methodology.

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