2022
Exports
$2.86MWorld Rnk 32 / 159
Flag Rnk 780 / 1214
2022
PRODUCT COMPLEXITY IN Watch Straps
-0.095Rnk 579 / 1025
2022
Imports
$7.14MWorld Rnk 31 / 197
Flag Rnk 788 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $2.86M in Watch Straps, making it the 32nd largest exporter of Watch Straps in the world. At the same year, Watch Straps was the 780th most exported product in Denmark. The main destination of Watch Straps exports from Denmark are: Norway ($990k), United States ($580k), Sweden ($397k), Finland ($227k), and Hong Kong ($170k).

The fastest growing export markets for Watch Straps of Denmark between 2021 and 2022 were United States ($556k), Norway ($215k), and Hong Kong ($136k).

Imports In 2022, Denmark imported $7.14M in Watch Straps, becoming the 31st largest importer of Watch Straps in the world. At the same year, Watch Straps was the 788th most imported product in Denmark. Denmark imports Watch Straps primarily from: Italy ($1.81M), Netherlands ($1.46M), China ($1.1M), Switzerland ($607k), and Sweden ($551k).

The fastest growing import markets in Watch Straps for Denmark between 2021 and 2022 were Netherlands ($422k), Italy ($298k), and Czechia ($251k).

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 Watch Straps. 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)$2.86M
IMPORTS (2022)$7.14M
NET TRADE (2022)-$4.28M

In 2022, Denmark exported $2.86M in Watch Straps. The main destinations of Denmark exports on Watch Straps were Norway ($990k), United States ($580k), Sweden ($397k), Finland ($227k), and Hong Kong ($170k).

In 2022, Denmark imported $7.14M in Watch Straps, mainly from Italy ($1.81M), Netherlands ($1.46M), China ($1.1M), Switzerland ($607k), and Sweden ($551k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Straps EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United States$556k (2.31k%)
Norway$215k (27.7%)
Hong Kong$136k (403%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Straps BY Denmark WERE (2021 - 2022):
South Korea-$226k (-98.5%)
Netherlands-$158k (-79.8%)
Germany-$44.2k (-89.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Watch Straps were:
In 2022, Denmark's main importing competitors in Watch Straps were:

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Trade Value of Watch Straps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $174k
TOP IMPORT POTENTIALChina+ $782k

Watch Straps’s highest export potential is United States. With an export gap of $174k.   Watch Straps’s highest import potential is China with an import gap of $782k.

See methodology.

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