2022
Exports
$670kWorld Rnk 34 / 110
Flag Rnk 962 / 1214
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$2.27MWorld Rnk 42 / 198
Flag Rnk 940 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $670k in Time Switches, making it the 34th largest exporter of Time Switches in the world. At the same year, Time Switches was the 962nd most exported product in Denmark. The main destination of Time Switches exports from Denmark are: Norway ($137k), Sweden ($121k), Netherlands ($96.8k), United Kingdom ($64.1k), and Hong Kong ($47k).

The fastest growing export markets for Time Switches of Denmark between 2021 and 2022 were Norway ($111k), Hong Kong ($47k), and United Arab Emirates ($40.2k).

Imports In 2022, Denmark imported $2.27M in Time Switches, becoming the 42nd largest importer of Time Switches in the world. At the same year, Time Switches was the 940th most imported product in Denmark. Denmark imports Time Switches primarily from: Germany ($586k), Sweden ($396k), China ($339k), Netherlands ($297k), and Italy ($171k).

The fastest growing import markets in Time Switches for Denmark between 2021 and 2022 were Netherlands ($176k), Sweden ($113k), and Belgium ($49.2k).

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 Time Switches. 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)$670k
IMPORTS (2022)$2.27M
NET TRADE (2022)-$1.59M

In 2022, Denmark exported $670k in Time Switches. The main destinations of Denmark exports on Time Switches were Norway ($137k), Sweden ($121k), Netherlands ($96.8k), United Kingdom ($64.1k), and Hong Kong ($47k).

In 2022, Denmark imported $2.27M in Time Switches, mainly from Germany ($586k), Sweden ($396k), China ($339k), Netherlands ($297k), and Italy ($171k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Norway$111k (412%)
Hong Kong$47k (188k%)
United Arab Emirates$40.2k (64.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Denmark WERE (2021 - 2022):
Sweden-$34.1k (-22%)
Germany-$20.1k (-87.4%)
Saudi Arabia-$8.56k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Time Switches were:
In 2022, Denmark's main importing competitors in Time Switches were:

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.3k
TOP IMPORT POTENTIALChina+ $160k

Time Switches’s highest export potential is United States. With an export gap of $29.3k.   Time Switches’s highest import potential is China with an import gap of $160k.

See methodology.

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