2023
Exports
$1.5BWorld Rnk 34 / 210
Flag Rnk 11 / 1210
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$7.05BWorld Rnk 24 / 225
Flag Rnk 2 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $1.5B in Cars, making it the 34th largest exporter of Cars in the world. At the same year, Cars was the 11th most exported product in Denmark. The main destination of Cars exports from Denmark are: Germany ($702M), Netherlands ($257M), Belgium ($147M), France ($124M), and Sweden ($36.9M).

The fastest growing export markets for Cars of Denmark between 2022 and 2023 were Germany ($152M), Netherlands ($93.5M), and Belgium ($39.3M).

Imports In 2023, Denmark imported $7.05B in Cars, becoming the 24th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Denmark. Denmark imports Cars primarily from: Germany ($2.77B), Sweden ($908M), Netherlands ($812M), Belgium ($589M), and Czechia ($502M).

The fastest growing import markets in Cars for Denmark between 2022 and 2023 were Netherlands ($684M), Germany ($311M), and Spain ($166M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.5B
IMPORTS (2023)$7.05B
NET TRADE (2023)-$5.55B

In 2023, Denmark exported $1.5B in Cars. The main destinations of Denmark exports on Cars were Germany ($702M), Netherlands ($257M), Belgium ($147M), France ($124M), and Sweden ($36.9M).

In 2023, Denmark imported $7.05B in Cars, mainly from Germany ($2.77B), Sweden ($908M), Netherlands ($812M), Belgium ($589M), and Czechia ($502M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Germany$152M (27.7%)
Netherlands$93.5M (57.2%)
Belgium$39.3M (36.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Denmark WERE (2022 - 2023):
France-$21.4M (-14.7%)
Sweden-$11.8M (-24.2%)
Czechia-$9.58M (-53.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Denmark's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $316M
TOP IMPORT POTENTIALGermany+ $616M

Cars’s highest export potential is Germany. With an export gap of $316M.   Cars’s highest import potential is Germany with an import gap of $616M.

See methodology.

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