In addition to the demonstrations, a boycott on Danish goods swept through the Middle East beginning in late January 2006 and lasting into the spring. Danish companies such as Arla, Scandinavia’s largest dairy producer, suffered significantly from the boycott. In fact, Danish exports across the board suffered huge losses during that period, decreasing between March 2006 and June 2006 by 88 percent in Libya, 47 percent in Iran, and 40 percent in Saudi Arabia. One estimate put the export losses on the one-year anniversary of the cartoon publications at one billion Danish kroner.

QUESTION: The specific percentage drops (88% Libya, 47% Iran, 40% Saudi Arabia) suggest a severe economic consequence worth investigating further. Did these markets recover, and did the boycott reshape Danish trade strategy?

Green, Todd H, The Fear of Islam_ An Intro…, loc. 416