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2022
Exports $27.4MWorld Rnk 117 / 176
Flag Rnk 403 / 1214
2022
Destination $5.98M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $5.98MSwitzerland
2022
PRODUCT COMPLEXITY IN Gold-2.43Rnk 1016 / 1025
2022
Imports $54MWorld Rnk 70 / 178
Flag Rnk 376 / 1214
2022
Origin $7.89M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.89MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $27.4M in Gold, making it the 117th largest exporter of Gold in the world. At the same year, Gold was the 403rd most exported product in Denmark. The main destination of Gold exports from Denmark are: United Arab Emirates ($10.1M), Switzerland ($5.98M), Germany ($5.5M), Turkey ($4.76M), and Sweden ($202k).

The fastest growing export markets for Gold of Denmark between 2021 and 2022 were Switzerland ($5.98M), Turkey ($4.08M), and Germany ($3.12M).

Imports In 2022, Denmark imported $54M in Gold, becoming the 70th largest importer of Gold in the world. At the same year, Gold was the 376th most imported product in Denmark. Denmark imports Gold primarily from: Germany ($17.4M), United Kingdom ($9.84M), Switzerland ($9.35M), United Arab Emirates ($8.56M), and Estonia ($5.22M).

The fastest growing import markets in Gold for Denmark between 2021 and 2022 were United Arab Emirates ($7.89M), United Kingdom ($3.75M), and Germany ($3.56M).

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 Gold. 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)$27.4M
IMPORTS (2022)$54M
NET TRADE (2022)-$26.6M

In 2022, Denmark exported $27.4M in Gold. The main destinations of Denmark exports on Gold were United Arab Emirates ($10.1M), Switzerland ($5.98M), Germany ($5.5M), Turkey ($4.76M), and Sweden ($202k).

In 2022, Denmark imported $54M in Gold, mainly from Germany ($17.4M), United Kingdom ($9.84M), Switzerland ($9.35M), United Arab Emirates ($8.56M), and Estonia ($5.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Switzerland$5.98M (1%)
Turkey$4.08M (596%)
Germany$3.12M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Denmark WERE (2021 - 2022):
United Arab Emirates-$8.82M (-46.7%)
Netherlands-$781k (-92.5%)
United Kingdom-$267k (-90.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Gold were:
Switzerland $101B
United States $37.5B
United Arab Emirates $32.8B
In 2022, Denmark's main importing competitors in Gold were:
Switzerland $94.9B
China $67.6B
United Arab Emirates $57.1B

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.6M
TOP IMPORT POTENTIALSwitzerland+ $11.8M

Gold’s highest export potential is Germany. With an export gap of $11.6M.   Gold’s highest import potential is Switzerland with an import gap of $11.8M.

See methodology.

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