2022
Exports
$896MWorld Rnk 13 / 212
Flag Rnk 26 / 1214
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$220MWorld Rnk 36 / 187
Flag Rnk 130 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $896M in Scrap Iron, making it the 13th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 26th most exported product in Denmark. The main destination of Scrap Iron exports from Denmark are: Turkey ($453M), Germany ($132M), Sweden ($70.9M), India ($47.9M), and Netherlands ($36.9M).

The fastest growing export markets for Scrap Iron of Denmark between 2021 and 2022 were India ($30.5M), Turkey ($16.2M), and Latvia ($10.7M).

Imports In 2022, Denmark imported $220M in Scrap Iron, becoming the 36th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 130th most imported product in Denmark. Denmark imports Scrap Iron primarily from: Sweden ($122M), Germany ($52.8M), Norway ($32.6M), United Kingdom ($4.86M), and Italy ($2.36M).

The fastest growing import markets in Scrap Iron for Denmark between 2021 and 2022 were Germany ($18.3M), United Kingdom ($4.81M), and Norway ($4.01M).

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 Scrap Iron. 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)$896M
IMPORTS (2022)$220M
NET TRADE (2022)$676M

In 2022, Denmark exported $896M in Scrap Iron. The main destinations of Denmark exports on Scrap Iron were Turkey ($453M), Germany ($132M), Sweden ($70.9M), India ($47.9M), and Netherlands ($36.9M).

In 2022, Denmark imported $220M in Scrap Iron, mainly from Sweden ($122M), Germany ($52.8M), Norway ($32.6M), United Kingdom ($4.86M), and Italy ($2.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
India$30.5M (176%)
Turkey$16.2M (3.71%)
Latvia$10.7M (89.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Denmark WERE (2021 - 2022):
Lithuania-$19.6M (-46.1%)
Germany-$15.5M (-10.5%)
Estonia-$13.4M (-71.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Scrap Iron were:
In 2022, Denmark's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $42.3M
TOP IMPORT POTENTIALGermany+ $20.3M

Scrap Iron’s highest export potential is Germany. With an export gap of $42.3M.   Scrap Iron’s highest import potential is Germany with an import gap of $20.3M.

See methodology.

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