2022
Exports
$14.6MWorld Rnk 35 / 178
Flag Rnk 518 / 1214
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$39.9MWorld Rnk 40 / 208
Flag Rnk 436 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $14.6M in Precious Metal Watches, making it the 35th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 518th most exported product in Denmark. The main destination of Precious Metal Watches exports from Denmark are: Netherlands ($3.25M), Hong Kong ($2.22M), United States ($1.63M), Germany ($1.59M), and Austria ($1.44M).

The fastest growing export markets for Precious Metal Watches of Denmark between 2021 and 2022 were United States ($1.45M), Austria ($1.39M), and Macau ($938k).

Imports In 2022, Denmark imported $39.9M in Precious Metal Watches, becoming the 40th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 436th most imported product in Denmark. Denmark imports Precious Metal Watches primarily from: Switzerland ($24.7M), Netherlands ($3.87M), France ($3.3M), Germany ($2.43M), and United States ($862k).

The fastest growing import markets in Precious Metal Watches for Denmark between 2021 and 2022 were Switzerland ($3.83M), United States ($513k), and Germany ($315k).

Latest Trends

Jul 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 Precious Metal Watches. 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)$14.6M
IMPORTS (2022)$39.9M
NET TRADE (2022)-$25.2M

In 2022, Denmark exported $14.6M in Precious Metal Watches. The main destinations of Denmark exports on Precious Metal Watches were Netherlands ($3.25M), Hong Kong ($2.22M), United States ($1.63M), Germany ($1.59M), and Austria ($1.44M).

In 2022, Denmark imported $39.9M in Precious Metal Watches, mainly from Switzerland ($24.7M), Netherlands ($3.87M), France ($3.3M), Germany ($2.43M), and United States ($862k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United States$1.45M (783%)
Austria$1.39M (2.99k%)
Macau$938k (465%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Denmark WERE (2021 - 2022):
Hong Kong-$1.3M (-36.9%)
Italy-$1.23M (-84%)
Malaysia-$349k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Precious Metal Watches were:
In 2022, Denmark's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.32M
TOP IMPORT POTENTIALGermany+ $1.72M

Precious Metal Watches’s highest export potential is Germany. With an export gap of $1.32M.   Precious Metal Watches’s highest import potential is Germany with an import gap of $1.72M.

See methodology.

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