2022
Exports
$5.58MWorld Rnk 33 / 160
Flag Rnk 684 / 1214
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.56Rnk 40 / 1025
2022
Imports
$2.74MWorld Rnk 81 / 202
Flag Rnk 917 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $5.58M in Knitting Machine Accessories, making it the 33rd largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 684th most exported product in Denmark. The main destination of Knitting Machine Accessories exports from Denmark are: Germany ($1.42M), United States ($452k), Netherlands ($435k), Portugal ($326k), and Spain ($256k).

The fastest growing export markets for Knitting Machine Accessories of Denmark between 2021 and 2022 were Germany ($1.03M), Netherlands ($327k), and Belgium ($188k).

Imports In 2022, Denmark imported $2.74M in Knitting Machine Accessories, becoming the 81st largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 917th most imported product in Denmark. Denmark imports Knitting Machine Accessories primarily from: Germany ($488k), Netherlands ($402k), Sweden ($307k), Austria ($184k), and China ($184k).

The fastest growing import markets in Knitting Machine Accessories for Denmark between 2021 and 2022 were Sweden ($172k), China ($131k), and Czechia ($114k).

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 Knitting Machine Accessories. 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)$5.58M
IMPORTS (2022)$2.74M
NET TRADE (2022)$2.84M

In 2022, Denmark exported $5.58M in Knitting Machine Accessories. The main destinations of Denmark exports on Knitting Machine Accessories were Germany ($1.42M), United States ($452k), Netherlands ($435k), Portugal ($326k), and Spain ($256k).

In 2022, Denmark imported $2.74M in Knitting Machine Accessories, mainly from Germany ($488k), Netherlands ($402k), Sweden ($307k), Austria ($184k), and China ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$1.03M (263%)
Netherlands$327k (304%)
Belgium$188k (590%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Denmark WERE (2021 - 2022):
Spain-$461k (-64.3%)
Ukraine-$317k (-57.3%)
Saudi Arabia-$171k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Knitting Machine Accessories were:
In 2022, Denmark's main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.01M
TOP IMPORT POTENTIALGermany+ $608k

Knitting Machine Accessories’s highest export potential is Germany. With an export gap of $1.01M.   Knitting Machine Accessories’s highest import potential is Germany with an import gap of $608k.

See methodology.

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