2022
Exports
$1.29MWorld Rnk 42 / 89
Flag Rnk 898 / 1214
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$6.97MWorld Rnk 34 / 144
Flag Rnk 791 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $1.29M in Iron Reductions, making it the 42nd largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 898th most exported product in Denmark. The main destination of Iron Reductions exports from Denmark are: Greenland ($359k), Netherlands ($288k), Sweden ($273k), Germany ($163k), and Norway ($60.2k).

The fastest growing export markets for Iron Reductions of Denmark between 2021 and 2022 were Greenland ($304k), Netherlands ($240k), and Thailand ($32.5k).

Imports In 2022, Denmark imported $6.97M in Iron Reductions, becoming the 34th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 791st most imported product in Denmark. Denmark imports Iron Reductions primarily from: Netherlands ($3.32M), Sweden ($1.66M), Poland ($1.35M), Germany ($491k), and India ($45.6k).

The fastest growing import markets in Iron Reductions for Denmark between 2021 and 2022 were Sweden ($1.6M), India ($29.8k), and China ($27.4k).

Latest Trends

Jul 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 Reductions. 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)$1.29M
IMPORTS (2022)$6.97M
NET TRADE (2022)-$5.68M

In 2022, Denmark exported $1.29M in Iron Reductions. The main destinations of Denmark exports on Iron Reductions were Greenland ($359k), Netherlands ($288k), Sweden ($273k), Germany ($163k), and Norway ($60.2k).

In 2022, Denmark imported $6.97M in Iron Reductions, mainly from Netherlands ($3.32M), Sweden ($1.66M), Poland ($1.35M), Germany ($491k), and India ($45.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Greenland$304k (550%)
Netherlands$240k (505%)
Thailand$32.5k (340%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Denmark WERE (2021 - 2022):
Germany-$364k (-69.1%)
Poland-$290k (-92.5%)
Finland-$209k (-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 Reductions were:
In 2022, Denmark's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $189k
TOP IMPORT POTENTIALIndia+ $133k

Iron Reductions’s highest export potential is Germany. With an export gap of $189k.   Iron Reductions’s highest import potential is India with an import gap of $133k.

See methodology.

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