2022
Exports
$45.4MWorld Rnk 18 / 158
Flag Rnk 320 / 1214
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$10.4MWorld Rnk 69 / 213
Flag Rnk 716 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $45.4M in Industrial Furnaces, making it the 18th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 320th most exported product in Denmark. The main destination of Industrial Furnaces exports from Denmark are: Italy ($9.85M), United States ($5.02M), Germany ($4.11M), Mexico ($3.04M), and Canada ($2.71M).

The fastest growing export markets for Industrial Furnaces of Denmark between 2021 and 2022 were Italy ($8.45M), Mexico ($2.86M), and Canada ($2.37M).

Imports In 2022, Denmark imported $10.4M in Industrial Furnaces, becoming the 69th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 716th most imported product in Denmark. Denmark imports Industrial Furnaces primarily from: Germany ($1.69M), Poland ($1.35M), Italy ($1.13M), Austria ($1.01M), and Sweden ($872k).

The fastest growing import markets in Industrial Furnaces for Denmark between 2021 and 2022 were Poland ($992k), Austria ($642k), and Turkey ($164k).

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 Industrial Furnaces. 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)$45.4M
IMPORTS (2022)$10.4M
NET TRADE (2022)$35.1M

In 2022, Denmark exported $45.4M in Industrial Furnaces. The main destinations of Denmark exports on Industrial Furnaces were Italy ($9.85M), United States ($5.02M), Germany ($4.11M), Mexico ($3.04M), and Canada ($2.71M).

In 2022, Denmark imported $10.4M in Industrial Furnaces, mainly from Germany ($1.69M), Poland ($1.35M), Italy ($1.13M), Austria ($1.01M), and Sweden ($872k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Italy$8.45M (605%)
Mexico$2.86M (1.61k%)
Canada$2.37M (701%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Denmark WERE (2021 - 2022):
Germany-$5.13M (-55.5%)
United States-$4.95M (-49.7%)
India-$2.44M (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Denmark's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.36M
TOP IMPORT POTENTIALGermany+ $1.27M

Industrial Furnaces’s highest export potential is Germany. With an export gap of $2.36M.   Industrial Furnaces’s highest import potential is Germany with an import gap of $1.27M.

See methodology.

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