Denmark’s active involvement in the tapioca starch trade demonstrates its significance as both an exporter and importer of this versatile commodity. With substantial exports to Italy, Costa Rica, and Poland, Denmark contributes significantly to the global tapioca starch market. Simultaneously, the country meets its tapioca starch needs through imports from the Netherlands, Belgium, Sweden, Germany, and Thailand.
Denmark’s Tapioca Starch Exports
In 2021, Denmark proudly exported $707k worth of tapioca starch, securing its position as the 18th largest exporter of this product worldwide. Tapioca starch held the 2787th spot on the list of Denmark’s most exported goods, indicating its moderate significance within the country’s export portfolio.
Italy emerged as the primary destination for Denmark’s tapioca starch exports, accounting for a significant portion valued at $323k. Costa Rica and Poland were also prominent markets, importing $193k and $178k worth of tapioca starch, respectively. Macau and the Netherlands were noteworthy destinations as well, with imports amounting to $11.4k and $2.4k, respectively.
Between 2020 and 2021, Denmark experienced remarkable growth in its tapioca starch exports to Italy, which increased by $323k. Poland and Costa Rica also demonstrated impressive growth, with increases of $178k and $109k, respectively. These developments highlight Denmark’s expanding presence and rising demand for tapioca starch in these markets.
| Continent | Country | Trade Value |
| Asia | South Korea | 9 |
| Asia | Macau | 11,385 |
| Europe | Italy | 322,614 |
| Europe | Netherlands | 2,398 |
| Europe | Poland | 177,758 |
| North America | Costa Rica | 192,680 |
Denmark’s Tapioca Starch Imports
In 2021, Denmark imported a total of $179k worth of tapioca starch, solidifying its position as the 78th largest global importer. Tapioca starch ranked 3814th on Denmark’s list of imported products, underscoring its moderate significance within the country’s overall import landscape.
Denmark primarily sourced tapioca starch from the Netherlands, which accounted for a substantial portion valued at $148k. Belgium, Sweden, Germany, and Thailand were also significant import partners, supplying respective values of $9.02k, $6.48k, $6.45k, and $4.22k.
Between 2020 and 2021, Denmark experienced notable growth in its import market for tapioca starch from Belgium, which increased by $8.76k. Thailand and Italy also demonstrated growth, with increases of $2.52k and $1.22k, respectively. These developments indicate Denmark’s evolving trade relations and increasing tapioca starch requirements with these countries.
| Continent | Country | Trade Value |
| Africa | Nigeria | 24 |
| Asia | South Korea | 9 |
| Asia | Thailand | 4,216 |
| Asia | Vietnam | 12 |
| Europe | Belgium | 9,017 |
| Europe | Germany | 6,453 |
| Europe | Spain | 911 |
| Europe | France | 62 |
| Europe | United Kingdom | 57 |
| Europe | Italy | 2,828 |
| Europe | Netherlands | 148,192 |
| Europe | Poland | 254 |
| Europe | Portugal | 47 |
| Europe | Sweden | 6,483 |
| North America | United States | 9 |
Tariffs
As of 2017, Denmark faced an average tariff rate of 22.6% on tapioca starch imports. Notably, the countries imposing the highest import tariffs on tapioca starch were the Republic of the Congo, Cape Verde, Algeria, Western Sahara, and Gabon. These nations implemented a Most Favoured Nation duty rate treatment of 47.9%, posing trade barriers for Denmark’s tapioca starch imports.
Importing Tapioca Starch from Vietnam
Vietnam has emerged as a prominent supplier of tapioca starch to the Denmark market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $12. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Denmark in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.
Denmark benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Denmark’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Denmark’s demand for this essential product.
Source: BACI and General Statistics Office of Vietnam