2022
Exports | Imports
$3.88M | $63.2MWorld Rnk 66 / 135
Flag Rnk 739 / 1214
World Rnk 50 / 215
Flag Rnk 340 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 23 / 124
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.89Rnk 812 / 1025

About

Exports In 2022, Denmark exported $3.88M in Soybean Oil, making it the 66th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 739th most exported product in Denmark. The main destination of Soybean Oil exports from Denmark are: Iceland ($2.65M), Netherlands ($507k), Sweden ($476k), United Kingdom ($57.5k), and Norway ($56.7k).

The fastest growing export markets for Soybean Oil of Denmark between 2021 and 2022 were Netherlands ($442k), France ($49.6k), and Greenland ($49.4k).

Imports In 2022, Denmark imported $63.2M in Soybean Oil, becoming the 50th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 340th most imported product in Denmark. Denmark imports Soybean Oil primarily from: Norway ($32.8M), Germany ($12.8M), Luxembourg ($3.66M), Russia ($2.8M), and Latvia ($2.61M).

The fastest growing import markets in Soybean Oil for Denmark between 2021 and 2022 were Norway ($4.58M), Latvia ($2.61M), and Netherlands ($636k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Oil from Denmark to the United States.

Latest Trends

Feb 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 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 (2022)$3.88M
IMPORTS (2022)$63.2M
NET TRADE (2022)-$59.4M

In 2022, Denmark exported $3.88M in Soybean Oil. The main destinations of Denmark exports on Soybean Oil were Iceland ($2.65M), Netherlands ($507k), Sweden ($476k), United Kingdom ($57.5k), and Norway ($56.7k).

In 2022, Denmark imported $63.2M in Soybean Oil, mainly from Norway ($32.8M), Germany ($12.8M), Luxembourg ($3.66M), Russia ($2.8M), and Latvia ($2.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$442k (677%)
France$49.6k (1%)
Greenland$49.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Denmark WERE (2021 - 2022):
Iceland-$789k (-23%)
Norway-$198k (-77.8%)
Sweden-$146k (-23.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Oil by Exporters

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