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2022
Exports $3.01BWorld Rnk 41 / 214
Flag Rnk 3 / 1214
2022
Destination $271M Sweden
2021 - 2022
FASTEST GROWING MARKET $271MNetherlands
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $3.87BWorld Rnk 65 / 225
Flag Rnk 2 / 1214
2022
Origin $418M Sweden
2021 - 2022
FASTEST GROWING ORIGIN $418MNetherlands
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $3.01B in Refined Petroleum, making it the 41st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Denmark. The main destination of Refined Petroleum exports from Denmark are: Sweden ($948M), Netherlands ($831M), Norway ($245M), United Kingdom ($197M), and Spain ($165M).

The fastest growing export markets for Refined Petroleum of Denmark between 2021 and 2022 were Netherlands ($271M), Spain ($147M), and Norway ($108M).

Imports In 2022, Denmark imported $3.87B in Refined Petroleum, becoming the 65th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Denmark. Denmark imports Refined Petroleum primarily from: Sweden ($1.01B), Netherlands ($742M), Belgium ($306M), United Kingdom ($255M), and United States ($219M).

The fastest growing import markets in Refined Petroleum for Denmark between 2021 and 2022 were Netherlands ($418M), Sweden ($321M), and Belgium ($217M).

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 Refined Petroleum. 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)$3.01B
IMPORTS (2022)$3.87B
NET TRADE (2022)-$857M

In 2022, Denmark exported $3.01B in Refined Petroleum. The main destinations of Denmark exports on Refined Petroleum were Sweden ($948M), Netherlands ($831M), Norway ($245M), United Kingdom ($197M), and Spain ($165M).

In 2022, Denmark imported $3.87B in Refined Petroleum, mainly from Sweden ($1.01B), Netherlands ($742M), Belgium ($306M), United Kingdom ($255M), and United States ($219M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$271M (48.3%)
Spain$147M (836%)
Norway$108M (79.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Denmark WERE (2021 - 2022):
United Kingdom-$90.7M (-31.5%)
Sweden-$64.2M (-6.34%)
Singapore-$51.1M (-59.5%)
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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 Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Denmark's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $183M
TOP IMPORT POTENTIALUnited States+ $196M

Refined Petroleum’s highest export potential is United States. With an export gap of $183M.   Refined Petroleum’s highest import potential is United States with an import gap of $196M.

See methodology.

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