2023
Exports
$193MWorld Rnk 17 / 166
Flag Rnk 125 / 1210
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$116MWorld Rnk 36 / 218
Flag Rnk 213 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $193M in Cranes, making it the 17th largest exporter of Cranes in the world. At the same year, Cranes was the 125th most exported product in Denmark. The main destination of Cranes exports from Denmark are: United States ($46M), Germany ($20.9M), United Kingdom ($20.6M), Netherlands ($11.7M), and Norway ($11.6M).

The fastest growing export markets for Cranes of Denmark between 2022 and 2023 were United Kingdom ($13.4M), Greenland ($5.93M), and South Korea ($4.42M).

Imports In 2023, Denmark imported $116M in Cranes, becoming the 36th largest importer of Cranes in the world. At the same year, Cranes was the 213th most imported product in Denmark. Denmark imports Cranes primarily from: Germany ($31.6M), Austria ($14.9M), Finland ($12.7M), Italy ($9.82M), and Sweden ($8.58M).

The fastest growing import markets in Cranes for Denmark between 2022 and 2023 were Finland ($8.6M), China ($5.59M), and Netherlands ($4.95M).

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 Cranes. 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)$193M
IMPORTS (2023)$116M
NET TRADE (2023)$77M

In 2023, Denmark exported $193M in Cranes. The main destinations of Denmark exports on Cranes were United States ($46M), Germany ($20.9M), United Kingdom ($20.6M), Netherlands ($11.7M), and Norway ($11.6M).

In 2023, Denmark imported $116M in Cranes, mainly from Germany ($31.6M), Austria ($14.9M), Finland ($12.7M), Italy ($9.82M), and Sweden ($8.58M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
United Kingdom$13.4M (186%)
Greenland$5.93M (481%)
South Korea$4.42M (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Denmark WERE (2022 - 2023):
United States-$6.18M (-11.8%)
India-$6.05M (-91.2%)
Chinese Taipei-$5.81M (-92.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Denmark's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.4M
TOP IMPORT POTENTIALGermany+ $8.11M

Cranes’s highest export potential is Germany. With an export gap of $10.4M.   Cranes’s highest import potential is Germany with an import gap of $8.11M.

See methodology.

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