2022
Exports
$535MWorld Rnk 17 / 184
Flag Rnk 50 / 1214
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$283MWorld Rnk 35 / 219
Flag Rnk 107 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $535M in Lifting Machinery, making it the 17th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 50th most exported product in Denmark. The main destination of Lifting Machinery exports from Denmark are: United States ($81.9M), United Kingdom ($70.2M), Germany ($63M), France ($29.5M), and China ($27M).

The fastest growing export markets for Lifting Machinery of Denmark between 2021 and 2022 were United Kingdom ($31.6M), South Korea ($7.56M), and Mexico ($7.32M).

Imports In 2022, Denmark imported $283M in Lifting Machinery, becoming the 35th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 107th most imported product in Denmark. Denmark imports Lifting Machinery primarily from: Germany ($64.4M), Latvia ($27M), France ($25M), China ($24.8M), and Netherlands ($21.8M).

The fastest growing import markets in Lifting Machinery for Denmark between 2021 and 2022 were Latvia ($12.1M), China ($10.2M), and France ($4.51M).

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 Lifting Machinery. 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)$535M
IMPORTS (2022)$283M
NET TRADE (2022)$252M

In 2022, Denmark exported $535M in Lifting Machinery. The main destinations of Denmark exports on Lifting Machinery were United States ($81.9M), United Kingdom ($70.2M), Germany ($63M), France ($29.5M), and China ($27M).

In 2022, Denmark imported $283M in Lifting Machinery, mainly from Germany ($64.4M), Latvia ($27M), France ($25M), China ($24.8M), and Netherlands ($21.8M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
United Kingdom$31.6M (81.7%)
South Korea$7.56M (261%)
Mexico$7.32M (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Denmark WERE (2021 - 2022):
Qatar-$15.3M (-90.9%)
China-$13.7M (-33.7%)
United States-$8.8M (-9.7%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Denmark's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $32.5M
TOP IMPORT POTENTIALGermany+ $24M

Lifting Machinery’s highest export potential is Germany. With an export gap of $32.5M.   Lifting Machinery’s highest import potential is Germany with an import gap of $24M.

See methodology.

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