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2022
Exports $255MWorld Rnk 21 / 200
Flag Rnk 106 / 1214
2022
Destination $5.26M United States
2021 - 2022
FASTEST GROWING MARKET $5.26MMalaysia
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $153MWorld Rnk 33 / 220
Flag Rnk 184 / 1214
2022
Origin $25.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $25.7MSwitzerland
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $255M in Navigation Equipment, making it the 21st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 106th most exported product in Denmark. The main destination of Navigation Equipment exports from Denmark are: United States ($84.3M), Sweden ($32.8M), Germany ($21.4M), Norway ($12.8M), and United Kingdom ($11.7M).

The fastest growing export markets for Navigation Equipment of Denmark between 2021 and 2022 were Malaysia ($5.26M), Germany ($3.08M), and United States ($2.16M).

Imports In 2022, Denmark imported $153M in Navigation Equipment, becoming the 33rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 184th most imported product in Denmark. Denmark imports Navigation Equipment primarily from: Germany ($41.7M), Netherlands ($32.8M), Switzerland ($30M), Sweden ($9.53M), and United States ($7.46M).

The fastest growing import markets in Navigation Equipment for Denmark between 2021 and 2022 were Switzerland ($25.7M), Germany ($21.5M), and United States ($2.81M).

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 Navigation Equipment. 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)$255M
IMPORTS (2022)$153M
NET TRADE (2022)$102M

In 2022, Denmark exported $255M in Navigation Equipment. The main destinations of Denmark exports on Navigation Equipment were United States ($84.3M), Sweden ($32.8M), Germany ($21.4M), Norway ($12.8M), and United Kingdom ($11.7M).

In 2022, Denmark imported $153M in Navigation Equipment, mainly from Germany ($41.7M), Netherlands ($32.8M), Switzerland ($30M), Sweden ($9.53M), and United States ($7.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Malaysia$5.26M (2.98k%)
Germany$3.08M (16.8%)
United States$2.16M (2.63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Denmark WERE (2021 - 2022):
United Arab Emirates-$18.1M (-96.8%)
China-$10.6M (-85%)
Norway-$8.19M (-38.9%)
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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 Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Denmark's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.1M
TOP IMPORT POTENTIALGermany+ $10.5M

Navigation Equipment’s highest export potential is Germany. With an export gap of $12.1M.   Navigation Equipment’s highest import potential is Germany with an import gap of $10.5M.

See methodology.

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