2022
Exports
$182MWorld Rnk 34 / 215
Flag Rnk 139 / 1214
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$418MWorld Rnk 37 / 224
Flag Rnk 67 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $182M in Electric Heaters, making it the 34th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 139th most exported product in Denmark. The main destination of Electric Heaters exports from Denmark are: Sweden ($63.7M), Norway ($26.9M), Germany ($22.6M), Netherlands ($8.97M), and Finland ($7.94M).

The fastest growing export markets for Electric Heaters of Denmark between 2021 and 2022 were Netherlands ($3.64M), Germany ($1.17M), and Switzerland ($594k).

Imports In 2022, Denmark imported $418M in Electric Heaters, becoming the 37th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 67th most imported product in Denmark. Denmark imports Electric Heaters primarily from: Sweden ($138M), Germany ($75.7M), China ($40.9M), Netherlands ($37.7M), and Poland ($36.8M).

The fastest growing import markets in Electric Heaters for Denmark between 2021 and 2022 were Netherlands ($1.4M), Austria ($988k), and United States ($392k).

COMPANIES In 2023, leading companies such as Vestas (2) were at the forefront of shipping Electric Heaters from Denmark to the United States.

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 Electric Heaters. 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)$182M
IMPORTS (2022)$418M
NET TRADE (2022)-$236M

In 2022, Denmark exported $182M in Electric Heaters. The main destinations of Denmark exports on Electric Heaters were Sweden ($63.7M), Norway ($26.9M), Germany ($22.6M), Netherlands ($8.97M), and Finland ($7.94M).

In 2022, Denmark imported $418M in Electric Heaters, mainly from Sweden ($138M), Germany ($75.7M), China ($40.9M), Netherlands ($37.7M), and Poland ($36.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Netherlands$3.64M (68.3%)
Germany$1.17M (5.45%)
Switzerland$594k (47.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Denmark WERE (2021 - 2022):
Sweden-$22M (-25.7%)
Norway-$10.3M (-27.7%)
Finland-$2.68M (-25.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Denmark's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.6M
TOP IMPORT POTENTIALChina+ $33.6M

Electric Heaters’s highest export potential is Germany. With an export gap of $19.6M.   Electric Heaters’s highest import potential is China with an import gap of $33.6M.

See methodology.

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