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2022
Exports $39.9MWorld Rnk 27 / 195
Flag Rnk 343 / 1214
2022
Destination $1.19M Germany
2021 - 2022
FASTEST GROWING MARKET $1.19MGermany
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $87MWorld Rnk 34 / 224
Flag Rnk 284 / 1214
2022
Origin $2.93M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.93MBelgium
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $39.9M in Lubricating Products, making it the 27th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 343rd most exported product in Denmark. The main destination of Lubricating Products exports from Denmark are: Germany ($8.43M), Sweden ($7.67M), United States ($3.17M), Norway ($2.43M), and Finland ($1.64M).

The fastest growing export markets for Lubricating Products of Denmark between 2021 and 2022 were Germany ($1.19M), Philippines ($986k), and Finland ($875k).

Imports In 2022, Denmark imported $87M in Lubricating Products, becoming the 34th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 284th most imported product in Denmark. Denmark imports Lubricating Products primarily from: Germany ($38.2M), Sweden ($13.4M), Belgium ($10M), France ($6.29M), and Netherlands ($5.4M).

The fastest growing import markets in Lubricating Products for Denmark between 2021 and 2022 were Belgium ($2.93M), Sweden ($1.29M), and United States ($279k).

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 Lubricating Products. 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)$39.9M
IMPORTS (2022)$87M
NET TRADE (2022)-$47M

In 2022, Denmark exported $39.9M in Lubricating Products. The main destinations of Denmark exports on Lubricating Products were Germany ($8.43M), Sweden ($7.67M), United States ($3.17M), Norway ($2.43M), and Finland ($1.64M).

In 2022, Denmark imported $87M in Lubricating Products, mainly from Germany ($38.2M), Sweden ($13.4M), Belgium ($10M), France ($6.29M), and Netherlands ($5.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$1.19M (16.4%)
Philippines$986k (1.12k%)
Finland$875k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Denmark WERE (2021 - 2022):
Greenland-$799k (-78.6%)
Poland-$596k (-68.4%)
China-$545k (-29.8%)
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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 Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Denmark's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.92M
TOP IMPORT POTENTIALGermany+ $6.51M

Lubricating Products’s highest export potential is Germany. With an export gap of $3.92M.   Lubricating Products’s highest import potential is Germany with an import gap of $6.51M.

See methodology.

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