Imports of goods

16. Apr 2025
Declining imports of fish and fish for processing

The graphs below show import figures in March 2024 - February 2025 compared with the previous 12-month period.

There are several reasons why the import value has dropped by almost DKK 1 billion. These include lower imports of raw materials for fish processing, which can be found in the ‘Food and live animals’ and ‘Crude materials, inedible, except fuels’ categories. Imports of fuel and ships have also gone down. Imports of fuel and other oils fell DKK 231.2 million year-on-year. This is due to lower prices and lower volumes.

Imports of machinery, engines, ships and vehicles fell by DKK 486.6 million (16%). Of this, ships account for DKK 364 million and vehicles account for DKK 114 million.

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The table below shows a considerable decline in imports from North America. This is mostly due to lower imports of medicines, technical equipment and vehicles from the US. There has been a notable decline in imports from the EU and a rise in imports from non-EU Europe. This is largely due to oil now being imported from Norway (non-EU) rather than the Netherlands (EU).

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Although imports from North America, which are mostly from the US, have been at a lower level over the past year, there is no indication that imports in recent months have been affected by the political situation in the US. Imports from the EU have returned to levels not seen in more than a decade. In 2022 and 2023, imports from EU countries ranged between DKK 500 million and DKK 600 million per month. Meanwhile, imports from non-EU countries have been increasing, rising from DKK 100 million to DKK 150-200 million per month. Imports from Asia have remained steady in recent years.

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The import volume of fish and other fish products for processing fell by more than 50,000 tonnes, as can be seen in the following two categories: ’03 - Fish (not marine mammals), crustaceans, molluscs and aquatic vertebrates, and preparations thereof’ and ‘29 - Crude animal and vegetable materials, n.e.s.’

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