2022
Exports
$388MWorld Rnk 51 / 222
Flag Rnk 67 / 1214
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$949MWorld Rnk 35 / 225
Flag Rnk 20 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $388M in Insulated Wire, making it the 51st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 67th most exported product in Denmark. The main destination of Insulated Wire exports from Denmark are: Germany ($52.8M), Sweden ($41.8M), United Kingdom ($37.7M), Netherlands ($37.1M), and United States ($33.7M).

The fastest growing export markets for Insulated Wire of Denmark between 2021 and 2022 were Netherlands ($22.8M), Germany ($16.2M), and Chinese Taipei ($6.87M).

Imports In 2022, Denmark imported $949M in Insulated Wire, becoming the 35th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 20th most imported product in Denmark. Denmark imports Insulated Wire primarily from: Germany ($156M), Italy ($131M), Sweden ($115M), China ($89M), and Poland ($66.6M).

The fastest growing import markets in Insulated Wire for Denmark between 2021 and 2022 were Italy ($93.8M), Poland ($40.1M), and Spain ($12.4M).

COMPANIES In 2023, leading companies such as Vestas (3) were at the forefront of shipping Insulated Wire from Denmark to the United States.

Latest Trends

Nov 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 Insulated Wire. 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)$388M
IMPORTS (2022)$949M
NET TRADE (2022)-$560M

In 2022, Denmark exported $388M in Insulated Wire. The main destinations of Denmark exports on Insulated Wire were Germany ($52.8M), Sweden ($41.8M), United Kingdom ($37.7M), Netherlands ($37.1M), and United States ($33.7M).

In 2022, Denmark imported $949M in Insulated Wire, mainly from Germany ($156M), Italy ($131M), Sweden ($115M), China ($89M), and Poland ($66.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$22.8M (160%)
Germany$16.2M (44.3%)
Chinese Taipei$6.87M (88%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Denmark WERE (2021 - 2022):
United States-$8.8M (-20.7%)
Sweden-$8.7M (-17.2%)
Norway-$6.95M (-18.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $57.4M
TOP IMPORT POTENTIALGermany+ $59.5M

Insulated Wire’s highest export potential is Germany. With an export gap of $57.4M.   Insulated Wire’s highest import potential is Germany with an import gap of $59.5M.

See methodology.

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