2022
Exports
$1.76BWorld Rnk 33 / 210
Flag Rnk 7 / 1214
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$5.61BWorld Rnk 26 / 224
Flag Rnk 1 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $1.76B in Cars, making it the 33rd largest exporter of Cars in the world. At the same year, Cars was the 7th most exported product in Denmark. The main destination of Cars exports from Denmark are: Germany ($958M), Netherlands ($194M), France ($172M), Belgium ($109M), and Austria ($37M).

The fastest growing export markets for Cars of Denmark between 2021 and 2022 were Germany ($141M), Belgium ($39.4M), and Italy ($16.7M).

Imports In 2022, Denmark imported $5.61B in Cars, becoming the 26th 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 ($2.31B), Sweden ($807M), Belgium ($381M), Spain ($350M), and Czechia ($314M).

The fastest growing import markets in Cars for Denmark between 2021 and 2022 were Belgium ($149M), Hungary ($45.5M), and China ($30.3M).

Latest Trends

Oct 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 (2022)$1.76B
IMPORTS (2022)$5.61B
NET TRADE (2022)-$3.84B

In 2022, Denmark exported $1.76B in Cars. The main destinations of Denmark exports on Cars were Germany ($958M), Netherlands ($194M), France ($172M), Belgium ($109M), and Austria ($37M).

In 2022, Denmark imported $5.61B in Cars, mainly from Germany ($2.31B), Sweden ($807M), Belgium ($381M), Spain ($350M), and Czechia ($314M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$141M (17.2%)
Belgium$39.4M (56.4%)
Italy$16.7M (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Denmark WERE (2021 - 2022):
France-$46.3M (-21.2%)
Norway-$22.1M (-66.5%)
Austria-$17.6M (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Cars were:
In 2022, 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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