2023
Exports
$121MWorld Rnk 22 / 188
Flag Rnk 175 / 1210
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$774MWorld Rnk 15 / 226
Flag Rnk 26 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $121M in Wine, making it the 22nd largest exporter of Wine in the world. At the same year, Wine was the 175th most exported product in Denmark. The main destination of Wine exports from Denmark are: Sweden ($47.9M), France ($15.1M), Netherlands ($7.37M), Hong Kong ($6.41M), and Germany ($4.78M).

The fastest growing export markets for Wine of Denmark between 2022 and 2023 were Netherlands ($2.1M), China ($1.61M), and Chinese Taipei ($1.58M).

Imports In 2023, Denmark imported $774M in Wine, becoming the 15th largest importer of Wine in the world. At the same year, Wine was the 26th most imported product in Denmark. Denmark imports Wine primarily from: France ($251M), Italy ($159M), Spain ($70.6M), United States ($57.4M), and Germany ($43.6M).

The fastest growing import markets in Wine for Denmark between 2022 and 2023 were France ($10.4M), Spain ($3.33M), and Italy ($2.82M).

Latest Trends

Dec 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 Wine. 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)$121M
IMPORTS (2023)$774M
NET TRADE (2023)-$653M

In 2023, Denmark exported $121M in Wine. The main destinations of Denmark exports on Wine were Sweden ($47.9M), France ($15.1M), Netherlands ($7.37M), Hong Kong ($6.41M), and Germany ($4.78M).

In 2023, Denmark imported $774M in Wine, mainly from France ($251M), Italy ($159M), Spain ($70.6M), United States ($57.4M), and Germany ($43.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Netherlands$2.1M (39.8%)
China$1.61M (347%)
Chinese Taipei$1.58M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Denmark WERE (2022 - 2023):
Hong Kong-$5.73M (-47.2%)
Sweden-$2.73M (-5.38%)
United Kingdom-$1.66M (-33.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Denmark's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.6M
TOP IMPORT POTENTIALGermany+ $15.2M

Wine’s highest export potential is Germany. With an export gap of $15.6M.   Wine’s highest import potential is Germany with an import gap of $15.2M.

See methodology.

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