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Exports In 2022, Denmark exported $1.59M in Nitric Acids, making it the 29th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 868th most exported product in Denmark. The main destination of Nitric Acids exports from Denmark are: Germany ($935k), Norway ($310k), Italy ($139k), Sweden ($128k), and Ireland ($23.5k).

The fastest growing export markets for Nitric Acids of Denmark between 2021 and 2022 were Norway ($172k), Italy ($32.5k), and Lithuania ($15.9k).

Imports In 2022, Denmark imported $16.5M in Nitric Acids, becoming the 9th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 609th most imported product in Denmark. Denmark imports Nitric Acids primarily from: Norway ($13.5M), Germany ($2.76M), Sweden ($160k), France ($34.1k), and Spain ($23.2k).

The fastest growing import markets in Nitric Acids for Denmark between 2021 and 2022 were Norway ($7.07M), Germany ($1.02M), and Sweden ($40k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Nitric Acids. 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)$1.59M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$14.9M

In 2022, Denmark exported $1.59M in Nitric Acids. The main destinations of Denmark exports on Nitric Acids were Germany ($935k), Norway ($310k), Italy ($139k), Sweden ($128k), and Ireland ($23.5k).

In 2022, Denmark imported $16.5M in Nitric Acids, mainly from Norway ($13.5M), Germany ($2.76M), Sweden ($160k), France ($34.1k), and Spain ($23.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Norway$172k (124%)
Italy$32.5k (30.4%)
Lithuania$15.9k (1.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Denmark WERE (2021 - 2022):
Germany-$368k (-28.2%)
Sweden-$123k (-49%)
Finland-$8.28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Denmark's main exporting competitors in Nitric Acids were:
In 2022, Denmark's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $236k
TOP IMPORT POTENTIALGermany+ $479k

Nitric Acids’s highest export potential is Germany. With an export gap of $236k.   Nitric Acids’s highest import potential is Germany with an import gap of $479k.

See methodology.

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