2022
Exports
$1.81MWorld Rnk 37 / 114
Flag Rnk 851 / 1214
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2022
Imports
$6.47MWorld Rnk 20 / 172
Flag Rnk 802 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $1.81M in Iron Ingots, making it the 37th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 851st most exported product in Denmark. The main destination of Iron Ingots exports from Denmark are: Sweden ($1.3M), Netherlands ($142k), France ($127k), Norway ($125k), and Finland ($35.7k).

The fastest growing export markets for Iron Ingots of Denmark between 2021 and 2022 were Finland ($16.1k), United Kingdom ($12.8k), and Norway ($4.77k).

Imports In 2022, Denmark imported $6.47M in Iron Ingots, becoming the 20th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 802nd most imported product in Denmark. Denmark imports Iron Ingots primarily from: Russia ($3.93M), Norway ($2.33M), Netherlands ($50.7k), Hungary ($37.2k), and Czechia ($27.8k).

The fastest growing import markets in Iron Ingots for Denmark between 2021 and 2022 were Hungary ($33.9k), Czechia ($14.7k), and South Africa ($1.54k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Iron Ingots. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.81M
IMPORTS (2022)$6.47M
NET TRADE (2022)-$4.66M

In 2022, Denmark exported $1.81M in Iron Ingots. The main destinations of Denmark exports on Iron Ingots were Sweden ($1.3M), Netherlands ($142k), France ($127k), Norway ($125k), and Finland ($35.7k).

In 2022, Denmark imported $6.47M in Iron Ingots, mainly from Russia ($3.93M), Norway ($2.33M), Netherlands ($50.7k), Hungary ($37.2k), and Czechia ($27.8k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Finland$16.1k (82.4%)
United Kingdom$12.8k (338%)
Norway$4.77k (3.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Denmark WERE (2021 - 2022):
Ireland-$1.45M (-100%)
Sweden-$122k (-8.59%)
Greenland-$38.5k (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Denmark's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Denmark's main importing competitors in Iron Ingots were:

Explore Visualizations

Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $52.7k
TOP IMPORT POTENTIALSweden+ $42.9k

Iron Ingots’s highest export potential is Germany. With an export gap of $52.7k.   Iron Ingots’s highest import potential is Sweden with an import gap of $42.9k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with