2023
Exports
$10.7MWorld Rnk 25 / 164
Flag Rnk 547 / 1210
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$22.6MWorld Rnk 33 / 213
Flag Rnk 543 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $10.7M in Drilling Machines, making it the 25th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 547th most exported product in Denmark. The main destination of Drilling Machines exports from Denmark are: United Kingdom ($4.55M), Iceland ($849k), Turkey ($751k), Sweden ($712k), and Australia ($534k).

The fastest growing export markets for Drilling Machines of Denmark between 2022 and 2023 were United Kingdom ($4.27M), Turkey ($633k), and Philippines ($467k).

Imports In 2023, Denmark imported $22.6M in Drilling Machines, becoming the 33rd largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 543rd most imported product in Denmark. Denmark imports Drilling Machines primarily from: Germany ($9.39M), Chinese Taipei ($2M), Italy ($1.79M), China ($1.58M), and Poland ($1.2M).

The fastest growing import markets in Drilling Machines for Denmark between 2022 and 2023 were Germany ($2.98M), Italy ($1.59M), and Chinese Taipei ($1.14M).

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 Drilling Machines. 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)$10.7M
IMPORTS (2023)$22.6M
NET TRADE (2023)-$11.8M

In 2023, Denmark exported $10.7M in Drilling Machines. The main destinations of Denmark exports on Drilling Machines were United Kingdom ($4.55M), Iceland ($849k), Turkey ($751k), Sweden ($712k), and Australia ($534k).

In 2023, Denmark imported $22.6M in Drilling Machines, mainly from Germany ($9.39M), Chinese Taipei ($2M), Italy ($1.79M), China ($1.58M), and Poland ($1.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
United Kingdom$4.27M (1.51k%)
Turkey$633k (535%)
Philippines$467k (82.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Denmark WERE (2022 - 2023):
Thailand-$981k (-100%)
United States-$902k (-96.5%)
Italy-$689k (-95.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Drilling Machines were:
In 2023, Denmark's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $792k
TOP IMPORT POTENTIALGermany+ $1.51M

Drilling Machines’s highest export potential is Germany. With an export gap of $792k.   Drilling Machines’s highest import potential is Germany with an import gap of $1.51M.

See methodology.

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