2022
Exports
$2.96MWorld Rnk 72 / 126
Flag Rnk 775 / 1214
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$75.1MWorld Rnk 55 / 210
Flag Rnk 310 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $2.96M in Hot-Rolled Iron Bars, making it the 72nd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 775th most exported product in Denmark. The main destination of Hot-Rolled Iron Bars exports from Denmark are: Greenland ($1.04M), Sweden ($887k), Netherlands ($599k), Norway ($245k), and Iceland ($69.7k).

The fastest growing export markets for Hot-Rolled Iron Bars of Denmark between 2021 and 2022 were Sweden ($564k), Iceland ($61k), and Nigeria ($31.3k).

Imports In 2022, Denmark imported $75.1M in Hot-Rolled Iron Bars, becoming the 55th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 310th most imported product in Denmark. Denmark imports Hot-Rolled Iron Bars primarily from: Germany ($50.4M), Norway ($11.7M), Italy ($5.66M), Poland ($4.62M), and United Kingdom ($1.57M).

The fastest growing import markets in Hot-Rolled Iron Bars for Denmark between 2021 and 2022 were Germany ($27.1M), Poland ($1.96M), and Norway ($1.61M).

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 Hot-Rolled Iron Bars. 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)$2.96M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$72.1M

In 2022, Denmark exported $2.96M in Hot-Rolled Iron Bars. The main destinations of Denmark exports on Hot-Rolled Iron Bars were Greenland ($1.04M), Sweden ($887k), Netherlands ($599k), Norway ($245k), and Iceland ($69.7k).

In 2022, Denmark imported $75.1M in Hot-Rolled Iron Bars, mainly from Germany ($50.4M), Norway ($11.7M), Italy ($5.66M), Poland ($4.62M), and United Kingdom ($1.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Sweden$564k (175%)
Iceland$61k (698%)
Nigeria$31.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Denmark WERE (2021 - 2022):
Greenland-$476k (-31.4%)
Norway-$37k (-13.1%)
Italy-$18.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Denmark's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $234k
TOP IMPORT POTENTIALItaly+ $2.02M

Hot-Rolled Iron Bars’s highest export potential is Netherlands. With an export gap of $234k.   Hot-Rolled Iron Bars’s highest import potential is Italy with an import gap of $2.02M.

See methodology.

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