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2022
Exports $1.14BWorld Rnk 25 / 224
Flag Rnk 19 / 1214
2022
Destination $94.2M United States
2021 - 2022
FASTEST GROWING MARKET $94.2MUnited States
2022
PRODUCT COMPLEXITY IN Medical Instruments0.76Rnk 260 / 1025
2022
Imports $985MWorld Rnk 28 / 225
Flag Rnk 16 / 1214
2022
Origin $25.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $25.6MUnited States
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $1.14B in Medical Instruments, making it the 25th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 19th most exported product in Denmark. The main destination of Medical Instruments exports from Denmark are: United States ($288M), Germany ($168M), France ($63.9M), Sweden ($55.4M), and United Kingdom ($51.5M).

The fastest growing export markets for Medical Instruments of Denmark between 2021 and 2022 were United States ($94.2M), France ($17.6M), and United Kingdom ($14.3M).

Imports In 2022, Denmark imported $985M in Medical Instruments, becoming the 28th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 16th most imported product in Denmark. Denmark imports Medical Instruments primarily from: Germany ($178M), United States ($140M), Netherlands ($128M), Sweden ($73M), and Poland ($70.5M).

The fastest growing import markets in Medical Instruments for Denmark between 2021 and 2022 were United States ($25.6M), Czechia ($15.4M), and Japan ($10.6M).

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 Medical Instruments. 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)$1.14B
IMPORTS (2022)$985M
NET TRADE (2022)$150M

In 2022, Denmark exported $1.14B in Medical Instruments. The main destinations of Denmark exports on Medical Instruments were United States ($288M), Germany ($168M), France ($63.9M), Sweden ($55.4M), and United Kingdom ($51.5M).

In 2022, Denmark imported $985M in Medical Instruments, mainly from Germany ($178M), United States ($140M), Netherlands ($128M), Sweden ($73M), and Poland ($70.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United States$94.2M (48.5%)
France$17.6M (37.9%)
United Kingdom$14.3M (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Denmark WERE (2021 - 2022):
Ireland-$21.5M (-72.4%)
Germany-$14.9M (-8.14%)
Netherlands-$9.39M (-30.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Medical Instruments were:
United States $33.3B
Germany $17.6B
Mexico $14.1B
In 2022, Denmark's main importing competitors in Medical Instruments were:
United States $34.7B
Netherlands $12.9B
Germany $11.4B

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $96.4M
TOP IMPORT POTENTIALGermany+ $82.5M

Medical Instruments’s highest export potential is Germany. With an export gap of $96.4M.   Medical Instruments’s highest import potential is Germany with an import gap of $82.5M.

See methodology.

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