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2022
Exports $19.3MWorld Rnk 20 / 200
Flag Rnk 461 / 1214
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseGermany
2022
PRODUCT COMPLEXITY IN Wrenches1.67Rnk 30 / 1025
2022
Imports $30.5MWorld Rnk 29 / 219
Flag Rnk 498 / 1214
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Denmark1.01Rnk 27 / 133

About

The fastest growing export markets for Wrenches of Denmark between 2021 and 2022 were Germany ($4.35M), United Kingdom ($733k), and Japan ($204k).

Imports In 2022, Denmark imported $30.5M in Wrenches, becoming the 29th largest importer of Wrenches in the world. At the same year, Wrenches was the 498th most imported product in Denmark. Denmark imports Wrenches primarily from: Germany ($9.64M), Netherlands ($5.19M), Chinese Taipei ($3.76M), Sweden ($3.15M), and China ($2.62M).

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 Wrenches. 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)$19.3M
IMPORTS (2022)$30.5M
NET TRADE (2022)-$11.2M

In 2022, Denmark imported $30.5M in Wrenches, mainly from Germany ($9.64M), Netherlands ($5.19M), Chinese Taipei ($3.76M), Sweden ($3.15M), and China ($2.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$4.35M (70.8%)
United Kingdom$733k (171%)
Japan$204k (94.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Denmark WERE (2021 - 2022):
Sweden-$840k (-44.5%)
Finland-$661k (-72.3%)
China-$377k (-54.9%)
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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 Wrenches were:
China $1.41B
Chinese Taipei $1.02B
Germany $349M
In 2022, Denmark's main importing competitors in Wrenches were:
United States $923M
Germany $325M
France $152M

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $520k
TOP IMPORT POTENTIALChina+ $1.57M

Wrenches’s highest export potential is Germany. With an export gap of $520k.   Wrenches’s highest import potential is China with an import gap of $1.57M.

See methodology.

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