2023
Exports
$14.2MWorld Rnk 19 / 158
Flag Rnk 496 / 1210
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$10.1MWorld Rnk 39 / 213
Flag Rnk 694 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $14.2M in Metalworking Machines, making it the 19th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 496th most exported product in Denmark. The main destination of Metalworking Machines exports from Denmark are: United States ($2.08M), Sweden ($1.41M), Italy ($1.22M), Turkey ($1.01M), and Germany ($1M).

The fastest growing export markets for Metalworking Machines of Denmark between 2022 and 2023 were Sweden ($1M), Turkey ($889k), and Hungary ($822k).

Imports In 2023, Denmark imported $10.1M in Metalworking Machines, becoming the 39th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 694th most imported product in Denmark. Denmark imports Metalworking Machines primarily from: Belgium ($3.39M), Germany ($2.68M), Italy ($857k), Czechia ($816k), and Chinese Taipei ($586k).

The fastest growing import markets in Metalworking Machines for Denmark between 2022 and 2023 were Italy ($351k), Czechia ($219k), and United States ($136k).

Latest Trends

Jan 2025

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 Metalworking 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)$14.2M
IMPORTS (2023)$10.1M
NET TRADE (2023)$4.11M

In 2023, Denmark exported $14.2M in Metalworking Machines. The main destinations of Denmark exports on Metalworking Machines were United States ($2.08M), Sweden ($1.41M), Italy ($1.22M), Turkey ($1.01M), and Germany ($1M).

In 2023, Denmark imported $10.1M in Metalworking Machines, mainly from Belgium ($3.39M), Germany ($2.68M), Italy ($857k), Czechia ($816k), and Chinese Taipei ($586k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Sweden$1M (247%)
Turkey$889k (738%)
Hungary$822k (21.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Denmark WERE (2022 - 2023):
Germany-$829k (-45.2%)
Mexico-$617k (-88.6%)
Russia-$164k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $746k
TOP IMPORT POTENTIALGermany+ $1.6M

Metalworking Machines’s highest export potential is China. With an export gap of $746k.   Metalworking Machines’s highest import potential is Germany with an import gap of $1.6M.

See methodology.

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