2022
Exports
$860MWorld Rnk 35 / 226
Flag Rnk 29 / 1214
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$813MWorld Rnk 46 / 225
Flag Rnk 23 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $860M in Motor vehicles; parts and accessories (8701 to 8705), making it the 35th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 29th most exported product in Denmark. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Denmark are: Germany ($233M), Sweden ($88.9M), Poland ($55.7M), United Kingdom ($38.7M), and Norway ($38.5M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Denmark between 2021 and 2022 were Poland ($4.04M), United States ($2.56M), and Turkey ($1.7M).

Imports In 2022, Denmark imported $813M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 46th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 23rd most imported product in Denmark. Denmark imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($223M), China ($99.9M), Sweden ($75M), Belgium ($54.8M), and Netherlands ($52.7M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Denmark between 2021 and 2022 were Latvia ($10.2M), China ($6.65M), and Czechia ($4.07M).

COMPANIES In 2023, leading companies such as Mahle Behr (26), Robert Bosch (11), and John Deere (5) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Denmark to the United States.

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$860M
IMPORTS (2022)$813M
NET TRADE (2022)$46.9M

In 2022, Denmark exported $860M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Denmark exports on Motor vehicles; parts and accessories (8701 to 8705) were Germany ($233M), Sweden ($88.9M), Poland ($55.7M), United Kingdom ($38.7M), and Norway ($38.5M).

In 2022, Denmark imported $813M in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($223M), China ($99.9M), Sweden ($75M), Belgium ($54.8M), and Netherlands ($52.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Poland$4.04M (7.82%)
United States$2.56M (11.5%)
Turkey$1.7M (13.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Denmark WERE (2021 - 2022):
Germany-$20M (-7.9%)
Sweden-$13.7M (-13.4%)
United Kingdom-$13M (-25.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Denmark's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $175M
TOP IMPORT POTENTIALGermany+ $159M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Germany. With an export gap of $175M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is Germany with an import gap of $159M.

See methodology.

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