2023
Exports
$136kWorld Rnk 38 / 114
Flag Rnk 1073 / 1210
2023
PRODUCT COMPLEXITY IN Watch Movements
1.63Rnk 29 / 1025
2023
Imports
$781kWorld Rnk 39 / 175
Flag Rnk 1029 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $136k in Watch Movements, making it the 38th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1073rd most exported product in Denmark. The main destination of Watch Movements exports from Denmark are: United States ($79.7k), Kuwait ($14.2k), Canada ($11.4k), Japan ($6.6k), and Switzerland ($4.62k).

The fastest growing export markets for Watch Movements of Denmark between 2022 and 2023 were Kuwait ($14.2k), United States ($9.73k), and China ($1.62k).

Imports In 2023, Denmark imported $781k in Watch Movements, becoming the 39th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1029th most imported product in Denmark. Denmark imports Watch Movements primarily from: Lithuania ($268k), Switzerland ($194k), Sweden ($112k), Germany ($88.6k), and China ($51k).

The fastest growing import markets in Watch Movements for Denmark between 2022 and 2023 were Lithuania ($97k), China ($20.9k), and United States ($19k).

Latest Trends

Jan 2025

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 (2023)$136k
IMPORTS (2023)$781k
NET TRADE (2023)-$645k

In 2023, Denmark exported $136k in Watch Movements. The main destinations of Denmark exports on Watch Movements were United States ($79.7k), Kuwait ($14.2k), Canada ($11.4k), Japan ($6.6k), and Switzerland ($4.62k).

In 2023, Denmark imported $781k in Watch Movements, mainly from Lithuania ($268k), Switzerland ($194k), Sweden ($112k), Germany ($88.6k), and China ($51k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Kuwait$14.2k (1%)
United States$9.73k (13.9%)
China$1.62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Denmark WERE (2022 - 2023):
Belgium-$190k (-100%)
Hong Kong-$118k (-97.4%)
United Kingdom-$43.4k (-94%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Watch Movements were:
In 2023, 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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