HS Icon Cars in  Flag Denmark

2019
Exports | Imports
: $1.04B | $5.2B, World Rnk 34 / 221
Flag Rnk 15 / 1215 | World Rnk 24 / 225
Flag Rnk 1 / 1205

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $68.6M | $133M, Germany |  Belgium

2019
ECONOMIC COMPLEXITY of Denmark
: 1.04, Rnk 26 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports In 2019, Denmark exported $1.04B in Cars, making it the 34th largest exporter of Cars in the world. At the same year, Cars was the 15th most exported product in Denmark. The main destination of Cars exports from Denmark are: Germany ($596M), Netherlands ($85.6M), France ($78.4M), Belgium ($61.6M), and Austria ($45M).

The fastest growing export markets for Cars of Denmark between 2018 and 2019 were Germany ($68.6M), Netherlands ($18.2M), and Belgium ($17.3M).

Imports In 2019, Denmark imported $5.2B in Cars, becoming the 24th 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 ($1.77B), Sweden ($870M), Belgium ($380M), France ($366M), and Czechia ($326M).

The fastest growing import markets in Cars for Denmark between 2018 and 2019 were Belgium ($133M), Czechia ($38.8M), and Sweden ($33.1M).

Tariffs In 2017, the average tariff for Denmark in Cars was 3.23%. The countries with the highest import tariffs for Cars were Western Sahara (Most Favoured Nation duty rate treatement, 9.82%), Gabon (Most Favoured Nation duty rate treatement, 9.82%), Libya (Most Favoured Nation duty rate treatement, 9.82%), Mayotte (Most Favoured Nation duty rate treatement, 9.82%), and Reunion (Most Favoured Nation duty rate treatement, 9.82%).

Historical Data

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EXPORTS (2019): $1.04B

IMPORTS (2019): $5.2B

NET TRADE (2019): -$4.16B

In 2019, Denmark exported $1.04B in Cars. The main destinations of Denmark exports on Cars were Germany ($596M), Netherlands ($85.6M), France ($78.4M), Belgium ($61.6M), and Austria ($45M).

In 2019, Denmark imported $5.2B in Cars, mainly from Germany ($1.77B), Sweden ($870M), Belgium ($380M), France ($366M), and Czechia ($326M).

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IN 2019, Denmark HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2019, Denmark HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Denmark WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Denmark WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Denmark's main exporting competitors in Cars were:

In 2019, Denmark's main importing competitors in Cars were:

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Tariffs by Country

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In 2017, the average tariff for Denmark in Cars was 3.23%.

The countries with the highest tariffs for Cars in Denmark were Western Sahara (Most Favoured Nation duty rate treatement, 9.82%), Gabon (Most Favoured Nation duty rate treatement, 9.82%), Libya (Most Favoured Nation duty rate treatement, 9.82%), Mayotte (Most Favoured Nation duty rate treatement, 9.82%), and Reunion (Most Favoured Nation duty rate treatement, 9.82%).