2022
Exports
$8.98MWorld Rnk 42 / 194
Flag Rnk 613 / 1214
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$22.7MWorld Rnk 32 / 223
Flag Rnk 549 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $8.98M in Spices, making it the 42nd largest exporter of Spices in the world. At the same year, Spices was the 613th most exported product in Denmark. The main destination of Spices exports from Denmark are: Sweden ($2.68M), Kuwait ($1.92M), Germany ($1.26M), Norway ($1.09M), and Poland ($542k).

The fastest growing export markets for Spices of Denmark between 2021 and 2022 were Kuwait ($1.92M), Sweden ($347k), and Spain ($78.3k).

Imports In 2022, Denmark imported $22.7M in Spices, becoming the 32nd largest importer of Spices in the world. At the same year, Spices was the 549th most imported product in Denmark. Denmark imports Spices primarily from: Netherlands ($9.35M), Sweden ($4.4M), Germany ($3.35M), Kenya ($1.36M), and Poland ($761k).

The fastest growing import markets in Spices for Denmark between 2021 and 2022 were Netherlands ($2.63M), Kenya ($361k), and Lithuania ($192k).

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 Spices. 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)$8.98M
IMPORTS (2022)$22.7M
NET TRADE (2022)-$13.7M

In 2022, Denmark exported $8.98M in Spices. The main destinations of Denmark exports on Spices were Sweden ($2.68M), Kuwait ($1.92M), Germany ($1.26M), Norway ($1.09M), and Poland ($542k).

In 2022, Denmark imported $22.7M in Spices, mainly from Netherlands ($9.35M), Sweden ($4.4M), Germany ($3.35M), Kenya ($1.36M), and Poland ($761k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Kuwait$1.92M (1%)
Sweden$347k (14.9%)
Spain$78.3k (608%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Denmark WERE (2021 - 2022):
Poland-$556k (-50.7%)
Germany-$483k (-27.8%)
Netherlands-$342k (-47.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $850k
TOP IMPORT POTENTIALGermany+ $681k

Spices’s highest export potential is Germany. With an export gap of $850k.   Spices’s highest import potential is Germany with an import gap of $681k.

See methodology.

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