2022
Exports
$30.9kWorld Rnk 91 / 128
Flag Rnk 1150 / 1214
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$3.95MWorld Rnk 56 / 130
Flag Rnk 878 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $30.9k in Iron Ore, making it the 91st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1150th most exported product in Denmark. The main destination of Iron Ore exports from Denmark are: Netherlands ($30.3k), Spain ($395), and Thailand ($215).

The fastest growing export markets for Iron Ore of Denmark between 2021 and 2022 were Netherlands ($30.2k), Spain ($395), and Thailand ($215).

Imports In 2022, Denmark imported $3.95M in Iron Ore, becoming the 56th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 878th most imported product in Denmark. Denmark imports Iron Ore primarily from: Finland ($2.18M), Sweden ($1.72M), Netherlands ($43.9k), Germany ($7.46k), and Greenland ($2.54k).

The fastest growing import markets in Iron Ore for Denmark between 2021 and 2022 were Sweden ($833k), Netherlands ($43.9k), and Germany ($7.41k).

Latest Trends

Sep 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 Iron Ore. 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)$30.9k
IMPORTS (2022)$3.95M
NET TRADE (2022)-$3.92M

In 2022, Denmark exported $30.9k in Iron Ore. The main destinations of Denmark exports on Iron Ore were Netherlands ($30.3k), Spain ($395), and Thailand ($215).

In 2022, Denmark imported $3.95M in Iron Ore, mainly from Finland ($2.18M), Sweden ($1.72M), Netherlands ($43.9k), Germany ($7.46k), and Greenland ($2.54k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$30.2k (64.3k%)
Spain$395 (1%)
Thailand$215 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Denmark WERE (2021 - 2022):
United Kingdom-$4.76k (-100%)
Turkey-$217 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Denmark's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $34.4k
TOP IMPORT POTENTIALSweden+ $655k

Iron Ore’s highest export potential is Netherlands. With an export gap of $34.4k.   Iron Ore’s highest import potential is Sweden with an import gap of $655k.

See methodology.

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