2022
Exports | Imports
$425M | $579MWorld Rnk 28 / 216
Flag Rnk 58 / 1214
World Rnk 33 / 226
Flag Rnk 43 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 23 / 124
2022
PRODUCT COMPLEXITY IN Electric Motors
0.83Rnk 237 / 1025

About

Exports In 2022, Denmark exported $425M in Electric Motors, making it the 28th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 58th most exported product in Denmark. The main destination of Electric Motors exports from Denmark are: Germany ($65.5M), United States ($55.9M), Chinese Taipei ($44.4M), France ($22.9M), and Netherlands ($20.6M).

The fastest growing export markets for Electric Motors of Denmark between 2021 and 2022 were United States ($16M), Japan ($7.04M), and Australia ($2.42M).

Imports In 2022, Denmark imported $579M in Electric Motors, becoming the 33rd largest importer of Electric Motors in the world. At the same year, Electric Motors was the 43rd most imported product in Denmark. Denmark imports Electric Motors primarily from: Germany ($121M), China ($97.9M), Finland ($60.4M), Italy ($39.4M), and Slovakia ($33.5M).

The fastest growing import markets in Electric Motors for Denmark between 2021 and 2022 were Germany ($20.8M), Romania ($8.07M), and China ($6.75M).

COMPANIES In 2023, leading companies such as LINAK U.S. INC. (155) and VESTAS NACELLES AMERICA INC. (38) were at the forefront of shipping Electric Motors from Denmark to the United States.

Latest Trends

Feb 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 Electric Motors. 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)$425M
IMPORTS (2022)$579M
NET TRADE (2022)-$154M

In 2022, Denmark exported $425M in Electric Motors. The main destinations of Denmark exports on Electric Motors were Germany ($65.5M), United States ($55.9M), Chinese Taipei ($44.4M), France ($22.9M), and Netherlands ($20.6M).

In 2022, Denmark imported $579M in Electric Motors, mainly from Germany ($121M), China ($97.9M), Finland ($60.4M), Italy ($39.4M), and Slovakia ($33.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United States$16M (40.3%)
Japan$7.04M (140%)
Australia$2.42M (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Denmark WERE (2021 - 2022):
Netherlands-$72.1M (-77.8%)
Chinese Taipei-$34.3M (-43.5%)
Sweden-$23.6M (-58.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Denmark's main importing competitors in Electric Motors were:

Explore Visualizations

Trade Value of Electric Motors by Exporters

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