2022
Exports
$4.7BWorld Rnk 28 / 226
Flag Rnk 9 / 21
2022
PRODUCT COMPLEXITY IN Instruments
2.12Rnk 3 / 1025
2022
Imports
$3.75BWorld Rnk 34 / 226
Flag Rnk 11 / 21
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $4.7B in Instruments, making it the 28th largest exporter of Instruments in the world. At the same year, Instruments was the 9th most exported product in Denmark. The main destination of Instruments exports from Denmark are: United States ($902M), Germany ($417M), China ($339M), Sweden ($211M), and Poland ($209M).

The fastest growing export markets for Instruments of Denmark between 2021 and 2022 were United States ($123M), Canada ($55.4M), and New Zealand ($32.6M).

Imports In 2022, Denmark imported $3.75B in Instruments, becoming the 34th largest importer of Instruments in the world. At the same year, Instruments was the 11th most imported product in Denmark. Denmark imports Instruments primarily from: Germany ($738M), Netherlands ($421M), China ($312M), United States ($308M), and Poland ($307M).

The fastest growing import markets in Instruments for Denmark between 2021 and 2022 were Poland ($83.2M), United States ($40.9M), and Czechia ($13.8M).

COMPANIES In 2023, leading companies such as Vestas (11), IKEA Group (7), and Euromarket Designs (2) were at the forefront of shipping Instruments from Denmark to the United States.

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 Instruments. 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)$4.7B
IMPORTS (2022)$3.75B
NET TRADE (2022)$946M

In 2022, Denmark exported $4.7B in Instruments. The main destinations of Denmark exports on Instruments were United States ($902M), Germany ($417M), China ($339M), Sweden ($211M), and Poland ($209M).

In 2022, Denmark imported $3.75B in Instruments, mainly from Germany ($738M), Netherlands ($421M), China ($312M), United States ($308M), and Poland ($307M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United States$123M (15.8%)
Canada$55.4M (78.6%)
New Zealand$32.6M (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Denmark WERE (2021 - 2022):
Russia-$54.5M (-74.1%)
China-$49.9M (-12.8%)
Sweden-$43.4M (-17.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $302M
TOP IMPORT POTENTIALGermany+ $276M

Instruments’s highest export potential is Germany. With an export gap of $302M.   Instruments’s highest import potential is Germany with an import gap of $276M.

See methodology.

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