2018
Exports
$242MWorld Rnk 24 / 199
Flag Rnk 103 / 1210
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2018
Imports
$144MWorld Rnk 34 / 223
Flag Rnk 176 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2018, Denmark exported $242M in Navigation Equipment, making it the 24th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 103rd most exported product in Denmark. The main destination of Navigation Equipment exports from Denmark are: United States ($85.8M), Sweden ($30.7M), United Kingdom ($15.1M), Japan ($12.3M), and Norway ($11.7M).

The fastest growing export markets for Navigation Equipment of Denmark between 2022 and 2023 were United States ($10.5M), Norway ($8.37M), and Japan ($6.69M).

Imports In 2023, Denmark imported $144M in Navigation Equipment, becoming the 34th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 176th most imported product in Denmark. Denmark imports Navigation Equipment primarily from: Netherlands ($50.1M), Germany ($36.3M), China ($8.37M), Sweden ($7.16M), and France ($5.04M).

The fastest growing import markets in Navigation Equipment for Denmark between 2022 and 2023 were Germany ($17.7M), Lithuania ($2.32M), and Norway ($2.14M).

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 Navigation Equipment. 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)$242M
IMPORTS (2023)$144M
NET TRADE (2023)$97.5M

In 2023, Denmark exported $242M in Navigation Equipment. The main destinations of Denmark exports on Navigation Equipment were United States ($85.8M), Sweden ($30.7M), United Kingdom ($15.1M), Japan ($12.3M), and Norway ($11.7M).

In 2023, Denmark imported $144M in Navigation Equipment, mainly from Netherlands ($50.1M), Germany ($36.3M), China ($8.37M), Sweden ($7.16M), and France ($5.04M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
United States$10.5M (14%)
Norway$8.37M (249%)
Japan$6.69M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Denmark WERE (2022 - 2023):
Indonesia-$13.9M (-91.8%)
Malaysia-$3.23M (-64.1%)
Spain-$2.2M (-62.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Navigation Equipment were:
In 2023, Denmark's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.1M
TOP IMPORT POTENTIALGermany+ $10.5M

Navigation Equipment’s highest export potential is Germany. With an export gap of $12.1M.   Navigation Equipment’s highest import potential is Germany with an import gap of $10.5M.

See methodology.

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