2022
Exports
$17.2MWorld Rnk 32 / 159
Flag Rnk 488 / 1214
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$19.6MWorld Rnk 49 / 209
Flag Rnk 578 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $17.2M in Electric Furnaces, making it the 32nd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 488th most exported product in Denmark. The main destination of Electric Furnaces exports from Denmark are: Netherlands ($4.66M), Germany ($2.22M), Canada ($1.68M), China ($1.46M), and Norway ($1.43M).

The fastest growing export markets for Electric Furnaces of Denmark between 2021 and 2022 were Canada ($1.47M), Norway ($1M), and Estonia ($217k).

Imports In 2022, Denmark imported $19.6M in Electric Furnaces, becoming the 49th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 578th most imported product in Denmark. Denmark imports Electric Furnaces primarily from: Germany ($5.73M), Italy ($3.42M), Sweden ($2.2M), Czechia ($1.83M), and Slovakia ($1.56M).

The fastest growing import markets in Electric Furnaces for Denmark between 2021 and 2022 were Germany ($2.04M), Czechia ($831k), and Italy ($512k).

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 Electric Furnaces. 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)$17.2M
IMPORTS (2022)$19.6M
NET TRADE (2022)-$2.43M

In 2022, Denmark exported $17.2M in Electric Furnaces. The main destinations of Denmark exports on Electric Furnaces were Netherlands ($4.66M), Germany ($2.22M), Canada ($1.68M), China ($1.46M), and Norway ($1.43M).

In 2022, Denmark imported $19.6M in Electric Furnaces, mainly from Germany ($5.73M), Italy ($3.42M), Sweden ($2.2M), Czechia ($1.83M), and Slovakia ($1.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Canada$1.47M (680%)
Norway$1M (236%)
Estonia$217k (3.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Denmark WERE (2021 - 2022):
United States-$3.04M (-72.3%)
Russia-$1.3M (-100%)
Netherlands-$730k (-13.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Denmark's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.64M
TOP IMPORT POTENTIALGermany+ $2.28M

Electric Furnaces’s highest export potential is Germany. With an export gap of $1.64M.   Electric Furnaces’s highest import potential is Germany with an import gap of $2.28M.

See methodology.

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