2022
Exports
$593kWorld Rnk 29 / 111
Flag Rnk 970 / 1214
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$915kWorld Rnk 37 / 168
Flag Rnk 1027 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $593k in Watch Movements, making it the 29th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 970th most exported product in Denmark. The main destination of Watch Movements exports from Denmark are: Belgium ($190k), Hong Kong ($121k), United States ($69.9k), United Kingdom ($49.6k), and Japan ($38.2k).

The fastest growing export markets for Watch Movements of Denmark between 2021 and 2022 were Belgium ($190k), United States ($43.7k), and Canada ($29.3k).

Imports In 2018, Denmark imported $915k in Watch Movements, becoming the 37th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1027th most imported product in Denmark. Denmark imports Watch Movements primarily from: Switzerland ($269k), Belgium ($175k), Lithuania ($171k), Sweden ($112k), and Germany ($65.5k).

The fastest growing import markets in Watch Movements for Denmark between 2021 and 2022 were Belgium ($175k), Switzerland ($119k), and Sweden ($112k).

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 Watch Movements. 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)$593k
IMPORTS (2022)$915k
NET TRADE (2022)-$322k

In 2022, Denmark exported $593k in Watch Movements. The main destinations of Denmark exports on Watch Movements were Belgium ($190k), Hong Kong ($121k), United States ($69.9k), United Kingdom ($49.6k), and Japan ($38.2k).

In 2022, Denmark imported $915k in Watch Movements, mainly from Switzerland ($269k), Belgium ($175k), Lithuania ($171k), Sweden ($112k), and Germany ($65.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Belgium$190k (1%)
United States$43.7k (166%)
Canada$29.3k (613%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Denmark WERE (2021 - 2022):
Netherlands-$28.6k (-87.8%)
Australia-$5.47k (-87.1%)
Ireland-$3.76k (-87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Watch Movements were:
In 2022, Denmark's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.4k
TOP IMPORT POTENTIALSwitzerland+ $39.7k

Watch Movements’s highest export potential is United States. With an export gap of $36.4k.   Watch Movements’s highest import potential is Switzerland with an import gap of $39.7k.

See methodology.

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