2022
Exports
$68.9MWorld Rnk 36 / 213
Flag Rnk 261 / 1214
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$110MWorld Rnk 42 / 225
Flag Rnk 237 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $68.9M in Interchangeable Tool Parts, making it the 36th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 261st most exported product in Denmark. The main destination of Interchangeable Tool Parts exports from Denmark are: Sweden ($12.7M), Germany ($6.76M), Singapore ($6.44M), Greenland ($4.84M), and Norway ($4.71M).

The fastest growing export markets for Interchangeable Tool Parts of Denmark between 2021 and 2022 were Slovakia ($2.23M), Sweden ($2.01M), and Singapore ($1.92M).

Imports In 2022, Denmark imported $110M in Interchangeable Tool Parts, becoming the 42nd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 237th most imported product in Denmark. Denmark imports Interchangeable Tool Parts primarily from: Germany ($42.4M), Sweden ($12.1M), China ($9.43M), Netherlands ($7.55M), and Italy ($6.72M).

The fastest growing import markets in Interchangeable Tool Parts for Denmark between 2021 and 2022 were Lithuania ($347k), South Korea ($223k), and United Kingdom ($169k).

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 Interchangeable Tool Parts. 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)$68.9M
IMPORTS (2022)$110M
NET TRADE (2022)-$41.4M

In 2022, Denmark exported $68.9M in Interchangeable Tool Parts. The main destinations of Denmark exports on Interchangeable Tool Parts were Sweden ($12.7M), Germany ($6.76M), Singapore ($6.44M), Greenland ($4.84M), and Norway ($4.71M).

In 2022, Denmark imported $110M in Interchangeable Tool Parts, mainly from Germany ($42.4M), Sweden ($12.1M), China ($9.43M), Netherlands ($7.55M), and Italy ($6.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Slovakia$2.23M (1.38k%)
Sweden$2.01M (18.9%)
Singapore$1.92M (42.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Denmark WERE (2021 - 2022):
Germany-$4.22M (-38.4%)
Belgium-$2.8M (-84.6%)
South Korea-$1.61M (-80.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Denmark's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.43M
TOP IMPORT POTENTIALGermany+ $12.3M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $6.43M.   Interchangeable Tool Parts’s highest import potential is Germany with an import gap of $12.3M.

See methodology.

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