2022
Exports
$77.1MWorld Rnk 27 / 124
Flag Rnk 243 / 1214
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$680MWorld Rnk 17 / 174
Flag Rnk 32 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $77.1M in Soybean Meal, making it the 27th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 243rd most exported product in Denmark. The main destination of Soybean Meal exports from Denmark are: Poland ($27.6M), Uzbekistan ($19.5M), Sweden ($9.57M), Estonia ($7.47M), and Germany ($2.24M).

The fastest growing export markets for Soybean Meal of Denmark between 2021 and 2022 were Poland ($25.2M), Uzbekistan ($18.2M), and Estonia ($6.03M).

Imports In 2022, Denmark imported $680M in Soybean Meal, becoming the 17th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 32nd most imported product in Denmark. Denmark imports Soybean Meal primarily from: Brazil ($237M), Germany ($213M), Argentina ($89.6M), Netherlands ($53.3M), and United States ($33.3M).

The fastest growing import markets in Soybean Meal for Denmark between 2021 and 2022 were Brazil ($74.5M), Netherlands ($23.8M), and United States ($15.9M).

Latest Trends

Jul 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 Soybean Meal. 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)$77.1M
IMPORTS (2022)$680M
NET TRADE (2022)-$603M

In 2022, Denmark exported $77.1M in Soybean Meal. The main destinations of Denmark exports on Soybean Meal were Poland ($27.6M), Uzbekistan ($19.5M), Sweden ($9.57M), Estonia ($7.47M), and Germany ($2.24M).

In 2022, Denmark imported $680M in Soybean Meal, mainly from Brazil ($237M), Germany ($213M), Argentina ($89.6M), Netherlands ($53.3M), and United States ($33.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Poland$25.2M (1.05k%)
Uzbekistan$18.2M (1.37k%)
Estonia$6.03M (418%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Denmark WERE (2021 - 2022):
China-$13.7M (-95.6%)
Lithuania-$1.32M (-80.9%)
Sweden-$1.16M (-10.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Soybean Meal were:
In 2022, Denmark's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.32M
TOP IMPORT POTENTIALUnited States+ $10.2M

Soybean Meal’s highest export potential is Germany. With an export gap of $3.32M.   Soybean Meal’s highest import potential is United States with an import gap of $10.2M.

See methodology.

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