2023
Exports
$32.1MWorld Rnk 28 / 221
Flag Rnk 364 / 1210
2023
PRODUCT COMPLEXITY IN Other Hand Tools
1.82Rnk 14 / 1025
2023
Imports
$69.1MWorld Rnk 30 / 225
Flag Rnk 316 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $32.1M in Other Hand Tools, making it the 28th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 364th most exported product in Denmark. The main destination of Other Hand Tools exports from Denmark are: Sweden ($5.63M), Germany ($3.53M), Norway ($3.43M), Greenland ($2.13M), and United States ($1.81M).

The fastest growing export markets for Other Hand Tools of Denmark between 2022 and 2023 were Germany ($949k), Thailand ($856k), and Australia ($729k).

Imports In 2023, Denmark imported $69.1M in Other Hand Tools, becoming the 30th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 316th most imported product in Denmark. Denmark imports Other Hand Tools primarily from: Germany ($22M), China ($12.3M), Sweden ($8.34M), Netherlands ($5.36M), and United Kingdom ($3.19M).

The fastest growing import markets in Other Hand Tools for Denmark between 2022 and 2023 were Greenland ($836k), Poland ($672k), and Germany ($585k).

Latest Trends

Dec 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 Other Hand Tools. 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 (2023)$32.1M
IMPORTS (2023)$69.1M
NET TRADE (2023)-$37M

In 2023, Denmark exported $32.1M in Other Hand Tools. The main destinations of Denmark exports on Other Hand Tools were Sweden ($5.63M), Germany ($3.53M), Norway ($3.43M), Greenland ($2.13M), and United States ($1.81M).

In 2023, Denmark imported $69.1M in Other Hand Tools, mainly from Germany ($22M), China ($12.3M), Sweden ($8.34M), Netherlands ($5.36M), and United Kingdom ($3.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Germany$949k (36.8%)
Thailand$856k (621%)
Australia$729k (261%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Denmark WERE (2022 - 2023):
Sweden-$1.31M (-18.8%)
Saudi Arabia-$1.18M (-72.3%)
Iraq-$745k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Other Hand Tools were:
In 2023, Denmark's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.37M
TOP IMPORT POTENTIALChina+ $4.47M

Other Hand Tools’s highest export potential is Germany. With an export gap of $2.37M.   Other Hand Tools’s highest import potential is China with an import gap of $4.47M.

See methodology.

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