2022
Exports
$8.41MWorld Rnk 54 / 156
Flag Rnk 618 / 1214
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$62.9MWorld Rnk 41 / 216
Flag Rnk 341 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $8.41M in Iron Wire, making it the 54th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 618th most exported product in Denmark. The main destination of Iron Wire exports from Denmark are: Germany ($1.25M), Netherlands ($988k), Poland ($961k), Sweden ($808k), and Norway ($466k).

The fastest growing export markets for Iron Wire of Denmark between 2021 and 2022 were Sweden ($385k), Germany ($239k), and Bulgaria ($119k).

Imports In 2022, Denmark imported $62.9M in Iron Wire, becoming the 41st largest importer of Iron Wire in the world. At the same year, Iron Wire was the 341st most imported product in Denmark. Denmark imports Iron Wire primarily from: Germany ($13.9M), Austria ($11.4M), Czechia ($7.28M), Croatia ($6M), and China ($5.5M).

The fastest growing import markets in Iron Wire for Denmark between 2021 and 2022 were Austria ($3.56M), China ($1.46M), and Germany ($600k).

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 Iron Wire. 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)$8.41M
IMPORTS (2022)$62.9M
NET TRADE (2022)-$54.5M

In 2022, Denmark exported $8.41M in Iron Wire. The main destinations of Denmark exports on Iron Wire were Germany ($1.25M), Netherlands ($988k), Poland ($961k), Sweden ($808k), and Norway ($466k).

In 2022, Denmark imported $62.9M in Iron Wire, mainly from Germany ($13.9M), Austria ($11.4M), Czechia ($7.28M), Croatia ($6M), and China ($5.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Sweden$385k (91%)
Germany$239k (23.8%)
Bulgaria$119k (57.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Denmark WERE (2021 - 2022):
Netherlands-$230k (-18.9%)
Norway-$213k (-31.4%)
Belgium-$157k (-28.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Iron Wire were:
In 2022, Denmark's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.27M
TOP IMPORT POTENTIALChina+ $4.49M

Iron Wire’s highest export potential is Germany. With an export gap of $1.27M.   Iron Wire’s highest import potential is China with an import gap of $4.49M.

See methodology.

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