2023
Exports
$17.6MWorld Rnk 33 / 160
Flag Rnk 463 / 1210
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2023
Imports
$22.1MWorld Rnk 47 / 206
Flag Rnk 545 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $17.6M in Electric Furnaces, making it the 33rd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 463rd most exported product in Denmark. The main destination of Electric Furnaces exports from Denmark are: China ($4.64M), Netherlands ($2.39M), Germany ($1.73M), Hungary ($1.43M), and United States ($1.29M).

The fastest growing export markets for Electric Furnaces of Denmark between 2022 and 2023 were China ($3.17M), Hungary ($1.41M), and Poland ($344k).

Imports In 2023, Denmark imported $22.1M in Electric Furnaces, becoming the 47th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 545th most imported product in Denmark. Denmark imports Electric Furnaces primarily from: Germany ($7.9M), Italy ($3.63M), Slovakia ($2.47M), Sweden ($1.97M), and Czechia ($997k).

The fastest growing import markets in Electric Furnaces for Denmark between 2022 and 2023 were Germany ($3.04M), Slovakia ($2.36M), and Czechia ($531k).

Latest Trends

Jan 2025

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 (2023)$17.6M
IMPORTS (2023)$22.1M
NET TRADE (2023)-$4.52M

In 2023, Denmark exported $17.6M in Electric Furnaces. The main destinations of Denmark exports on Electric Furnaces were China ($4.64M), Netherlands ($2.39M), Germany ($1.73M), Hungary ($1.43M), and United States ($1.29M).

In 2023, Denmark imported $22.1M in Electric Furnaces, mainly from Germany ($7.9M), Italy ($3.63M), Slovakia ($2.47M), Sweden ($1.97M), and Czechia ($997k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
China$3.17M (214%)
Hungary$1.41M (8.75k%)
Poland$344k (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Denmark WERE (2022 - 2023):
Netherlands-$2.98M (-55.5%)
Canada-$1.57M (-92%)
France-$658k (-67.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, 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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