2022
Exports
$28.6MWorld Rnk 30 / 165
Flag Rnk 396 / 1214
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$43.5MWorld Rnk 40 / 211
Flag Rnk 419 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $28.6M in Forging Machines, making it the 30th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 396th most exported product in Denmark. The main destination of Forging Machines exports from Denmark are: Italy ($5.98M), Germany ($3.98M), Poland ($3.34M), France ($1.86M), and Japan ($1.58M).

The fastest growing export markets for Forging Machines of Denmark between 2021 and 2022 were Italy ($5.8M), Poland ($3.16M), and Japan ($1.04M).

Imports In 2022, Denmark imported $43.5M in Forging Machines, becoming the 40th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 419th most imported product in Denmark. Denmark imports Forging Machines primarily from: Italy ($17.5M), Germany ($5.54M), China ($3.14M), Turkey ($2.63M), and France ($2.34M).

The fastest growing import markets in Forging Machines for Denmark between 2021 and 2022 were Italy ($12.2M), Finland ($1M), and Switzerland ($768k).

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 Forging Machines. 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)$28.6M
IMPORTS (2022)$43.5M
NET TRADE (2022)-$14.9M

In 2022, Denmark exported $28.6M in Forging Machines. The main destinations of Denmark exports on Forging Machines were Italy ($5.98M), Germany ($3.98M), Poland ($3.34M), France ($1.86M), and Japan ($1.58M).

In 2022, Denmark imported $43.5M in Forging Machines, mainly from Italy ($17.5M), Germany ($5.54M), China ($3.14M), Turkey ($2.63M), and France ($2.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Italy$5.8M (3.11k%)
Poland$3.16M (1.78k%)
Japan$1.04M (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Denmark WERE (2021 - 2022):
Israel-$1.82M (-98.1%)
Saudi Arabia-$1.44M (-99.9%)
United Kingdom-$693k (-59.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Denmark's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.34M
TOP IMPORT POTENTIALGermany+ $3.35M

Forging Machines’s highest export potential is Germany. With an export gap of $2.34M.   Forging Machines’s highest import potential is Germany with an import gap of $3.35M.

See methodology.

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