2022
Exports
$11.6MWorld Rnk 20 / 156
Flag Rnk 555 / 1214
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$17MWorld Rnk 37 / 210
Flag Rnk 604 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $11.6M in Drilling Machines, making it the 20th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 555th most exported product in Denmark. The main destination of Drilling Machines exports from Denmark are: Norway ($2.12M), Germany ($1.19M), Thailand ($1.1M), Sweden ($1.08M), and Iceland ($1.03M).

The fastest growing export markets for Drilling Machines of Denmark between 2021 and 2022 were Thailand ($1.08M), Iceland ($828k), and Italy ($695k).

Imports In 2022, Denmark imported $17M in Drilling Machines, becoming the 37th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 604th most imported product in Denmark. Denmark imports Drilling Machines primarily from: Germany ($4.92M), Spain ($2M), Norway ($1.56M), China ($1.23M), and Chinese Taipei ($1.03M).

The fastest growing import markets in Drilling Machines for Denmark between 2021 and 2022 were Spain ($1.55M), Norway ($1.51M), and United Kingdom ($701k).

Latest Trends

May 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 (2022)$11.6M
IMPORTS (2022)$17M
NET TRADE (2022)-$5.4M

In 2022, Denmark exported $11.6M in Drilling Machines. The main destinations of Denmark exports on Drilling Machines were Norway ($2.12M), Germany ($1.19M), Thailand ($1.1M), Sweden ($1.08M), and Iceland ($1.03M).

In 2022, Denmark imported $17M in Drilling Machines, mainly from Germany ($4.92M), Spain ($2M), Norway ($1.56M), China ($1.23M), and Chinese Taipei ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Thailand$1.08M (5.22k%)
Iceland$828k (405%)
Italy$695k (2.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Denmark WERE (2021 - 2022):
Netherlands-$651k (-56.5%)
United States-$627k (-49.4%)
Sweden-$506k (-31.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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