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Where does Denmark get its steel? Import sources 2024

In 2024, Denmark imported $2.5 billion of steel (2.3 million tonnes), 0.7% of the world total. Its main sources were Germany (26%), Russia (12%) and Sweden (10%). Denmark was the world’s 36th-largest importer of steel.

Summary

Value
$2.5billion
Tonnes
2.3million tonnes
Share of world total
0.7%
World rank
36th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Germany643Tonnes: 546,125USD per tonne: $1,17825.8%Sea
Russia296Tonnes: 513,086USD per tonne: $57711.9%Sea
Sweden251Tonnes: 172,724USD per tonne: $1,45410.1%Sea
Finland170Tonnes: 128,459USD per tonne: $1,3056.8%Sea
India130Tonnes: 154,770USD per tonne: $8395.2%Sea
Belgium re-exports98.1Tonnes: 88,239USD per tonne: $1,1113.9%Sea
Italy97.5Tonnes: 37,138USD per tonne: $2,6263.9%Sea
Norway94.9Tonnes: 137,829USD per tonne: $6883.8%Sea
Luxembourg91.6Tonnes: 60,530USD per tonne: $1,1903.7%Sea
Spain77.8Tonnes: 70,310USD per tonne: $1,1073.1%Sea
Netherlands re-exports77.3Tonnes: 56,825USD per tonne: $1,3613.1%Sea
South Korea65.4Tonnes: 70,357USD per tonne: $9302.6%Sea
France62.4Tonnes: 35,898USD per tonne: $1,7392.5%Sea
China58.1Tonnes: 32,910USD per tonne: $1,7652.3%Sea
Poland51.7Tonnes: 47,085USD per tonne: $1,0982.1%Sea
Austria41.6Tonnes: 31,884USD per tonne: $1,3041.7%Sea
Taiwan34.2Tonnes: 12,126USD per tonne: $2,8241.4%Sea
Slovakia22.3Tonnes: 20,699USD per tonne: $1,0800.9%Sea
United Kingdom16.7Tonnes: 11,038USD per tonne: $1,5130.67%Sea
Portugal15.4Tonnes: 23,119USD per tonne: $6660.62%Sea

Trend

Who it buys from

Germany has been its main source since 2022

Value in USD millions. The five largest sources in 2024.

  • Germany 643
  • Russia 296
  • Sweden 251
  • Finland 170
  • India 130

Source: CEPII BACI

Show the numbers
Partner19952024
Germany315643
Russia9.8296
Sweden308251
Finland150170
India5.5130

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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