The cartoon controversy cost Denmark hundreds of millions in Middle East exports.

Evidence

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. — Green, Todd H, The Fear of Islam_ An Introduction to…, 416