2022
Exports
$208MWorld Rnk 14 / 169
Flag Rnk 119 / 1214
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$132MWorld Rnk 36 / 215
Flag Rnk 206 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $208M in Cranes, making it the 14th largest exporter of Cranes in the world. At the same year, Cranes was the 119th most exported product in Denmark. The main destination of Cranes exports from Denmark are: United States ($43.9M), Germany ($24.3M), Netherlands ($20.4M), Norway ($12.8M), and Australia ($9.09M).

The fastest growing export markets for Cranes of Denmark between 2021 and 2022 were Germany ($8.9M), India ($7.16M), and Netherlands ($5.88M).

Imports In 2022, Denmark imported $132M in Cranes, becoming the 36th largest importer of Cranes in the world. At the same year, Cranes was the 206th most imported product in Denmark. Denmark imports Cranes primarily from: Germany ($37M), Austria ($16.7M), Spain ($13.8M), Sweden ($13.5M), and Italy ($12.1M).

The fastest growing import markets in Cranes for Denmark between 2021 and 2022 were Spain ($6.75M), Poland ($4.65M), and Finland ($3.01M).

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 Cranes. 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)$208M
IMPORTS (2022)$132M
NET TRADE (2022)$76.4M

In 2022, Denmark exported $208M in Cranes. The main destinations of Denmark exports on Cranes were United States ($43.9M), Germany ($24.3M), Netherlands ($20.4M), Norway ($12.8M), and Australia ($9.09M).

In 2022, Denmark imported $132M in Cranes, mainly from Germany ($37M), Austria ($16.7M), Spain ($13.8M), Sweden ($13.5M), and Italy ($12.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Germany$8.9M (57.9%)
India$7.16M (6.24k%)
Netherlands$5.88M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Denmark WERE (2021 - 2022):
France-$6.01M (-41.2%)
Russia-$5.99M (-100%)
United Kingdom-$3.1M (-28.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Denmark's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.4M
TOP IMPORT POTENTIALGermany+ $8.11M

Cranes’s highest export potential is Germany. With an export gap of $10.4M.   Cranes’s highest import potential is Germany with an import gap of $8.11M.

See methodology.

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