HS Icon Cars in  Flag Denmark

2020
Exports | Imports
: $1.21B | $5.24B, World Rnk 32 / 210
Flag Rnk 13 / 1207 | World Rnk 25 / 224
Flag Rnk 1 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $66.8M | $144M, France |  Spain

2020
ECONOMIC COMPLEXITY of Denmark
: 0.97, Rnk 27 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Denmark exported $1.21B in Cars, making it the 32nd largest exporter of Cars in the world. At the same year, Cars was the 13th most exported product in Denmark. The main destination of Cars exports from Denmark are: Germany ($659M), France ($160M), Netherlands ($126M), Belgium ($52.9M), and Austria ($35.7M).

The fastest growing export markets for Cars of Denmark between 2019 and 2020 were France ($66.8M), Germany ($39.1M), and Netherlands ($35.4M).

Imports In 2020, Denmark imported $5.24B in Cars, becoming the 25th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Denmark. Denmark imports Cars primarily from: Germany ($1.84B), Sweden ($847M), Spain ($489M), Czechia ($322M), and France ($261M).

The fastest growing import markets in Cars for Denmark between 2019 and 2020 were Spain ($144M), Germany ($49.2M), and Switzerland ($47.8M).

Tariffs In 2019, the average tariff for Denmark in Cars was 3.62%. The countries with the highest import tariffs for Cars were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $1.21B

IMPORTS (2020): $5.24B

NET TRADE (2020): -$4.03B

In 2020, Denmark exported $1.21B in Cars. The main destinations of Denmark exports on Cars were Germany ($659M), France ($160M), Netherlands ($126M), Belgium ($52.9M), and Austria ($35.7M).

In 2020, Denmark imported $5.24B in Cars, mainly from Germany ($1.84B), Sweden ($847M), Spain ($489M), Czechia ($322M), and France ($261M).

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Denmark WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Denmark WERE (2019 - 2020):

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Market Concentration

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In 2020, Denmark's main exporting competitors in Cars were:

In 2020, Denmark's main importing competitors in Cars were:

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