A Nordic nation southwest of Sweden, the Kingdom of Denmark’s imports cost a total US$97 billion in 2019. That dollar amount reflects a 13.7% gain since 2015 but a -4.6% downtick from 2018 to 2019.
Based on the average exchange rate for 2019, the Danish krone appreciated by 0.9% against the US dollar since 2015 but declined by -5.6% from 2019 to 2019. The weaker Danish krone makes Denmark’s imports paid for in stronger US dollars in 2019 relatively more expensive than in 2019 when converted starting from Danish krones.
From a continental perspective, 77.3% of Denmark’s total imports by value in 2019 were purchased from fellow European countries. Asian trade partners supplied 14.6% of imports purchased by Denmark.
Smaller percentages came from North America (3.8%), Latin America (0.9%) excluding Mexico but including the Caribbean, Africa (0.5%) then Oceania (also 0.5%) led by Marshall Islands and Australia.
Given Denmark’s population of 5.8 million people, its total $101.1 billion in 2019 imports translates to roughly $16,700 in yearly product demand from every person in the European Union member state.
Denmark’s Top 10 Imports
The following product groups represent the highest dollar value in Denmark’s import purchases during 2019. Also shown is the percentage share each product category represents in terms of overall imports into Denmark.
- Machinery including computers: US$12.1 billion (12.5% of total imports)
- Electrical machinery, equipment: $9.9 billion (10.2%)
- Vehicles: $8.4 billion (8.7%)
- Mineral fuels including oil: $6.6 billion (6.8%)
- Pharmaceuticals: $4.5 billion (4.6%)
- Plastics, plastic articles: $3.9 billion (4%)
- Optical, technical, medical apparatus: $2.9 billion (2.9%)
- Articles of iron or steel: $2.7 billion (2.7%)
- Clothing, accessories (not knit or crochet): $2.7 billion (2.7%)
- Furniture, bedding, lighting, signs, prefabricated buildings: $2.5 billion (2.6%)
Denmark’s top 10 imports accounted for three-fifths (61.1%) of the overall value of its product purchases from other countries.
Electrical machinery and equipment posted the fastest growth in value among Denmark’s top 10 import categories, up 3.7% from 2018 to 2019. The only other top product categories to increase were optical, technical and medical apparatus (up 2.1%) and machinery including computers (up 1.4%).
Leading the declining categories was plastics and articles made from plastic via a -8.2% reduction.
Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented under other virtual folder tabs is at the more granular 4-digit level.
In 2019, Danish importers spent the most on the following 10 subcategories of machinery including computers.
- Computers, optical readers: US$2.1 billion (up 3% from 2018)
- Taps, valves, similar appliances: $799 million (up 0.4%)
- Transmission shafts, gears, clutches: $719.1 million (up 1.8%)
- Centrifuges, filters and purifiers: $511.3 million (up 24.2%)
- Miscellaneous machinery: $480.9 million (up 6.4%)
- Refrigerators, freezers: $455.4 million (down -0.2%)
- Liquid pumps and elevators: $454.7 million (up 6.5%)
- Machinery parts: $433.8 million (up 2.3%)
- Printing machinery: $414 million (down -18.4%)
- Air or vacuum pumps: $393.1 million (up 12.1%)
Among these import subcategories, Danish purchases of centrifuges, filters and purifiers (up 24.2%), air or vacuum pumps (up 12.1%) then liquid pumps and elevators (up 6.5%) grew at the fastest pace from 2018 to 2019.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery including computers among Danish businesses and consumers.
In 2019, Danish importers spent the most on the following 10 subcategories of electrical goods including consumer electronics.
- Phone system devices including smartphones: US$2.3 billion (up 5.4% from 2018)
- Electrical converters/power units: $725.9 million (up 2.7%)
- TV receivers/monitors/projectors: $546.6 million (down -5.6%)
- Lower-voltage switches, fuses: $510.1 million (down -1.1%)
- Insulated wire/cable: $497.7 million (up 4.2%)
- Electric motor parts: $481.6 million (up 37.5%)
- Electric motors, generators: $457.4 million (down -17.2%)
- Microphones/headphones/amps: $449.8 million (down -3.7%)
- Electrical/optical circuit boards, panels: $423.1 million (down -1.3%)
- Electric water heaters, hair dryers: $368.3 million (up 0.4%)
Among these import subcategories, Danish purchases of electric motor parts (up 37.5%), phone system devices including smartphones (up 5.4%) then insulated wire and cable (up 4.2%) grew at the fastest pace from 2018 to 2019.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Danish businesses and consumers.
In 2019, Danish importers spent the most on the following 10 subcategories of vehicles.
- Cars: US$4.9 billion (up 4.7% from 2018)
- Trucks: $938.2 million (down -9.9%)
- Automobile parts/accessories: $885.8 million (down -8.5%)
- Trailers: $499.6 million (down -19.3%)
- Tractors: $247 million (down -2.8%)
- Chassis fitted with engine: $183.5 million (down -16.9%)
- Motorcycle parts/accessories: $141.2 million (down -0.9%)
- Motorcycles: $129.6 million (up 25.8%)
- Armored vehicles, tanks: $115.8 million (up 136.7%)
- Bicycles, other non-motorized cycles: $108 million (down -3.2%)
Among these import subcategories, Danish purchases of armored vehicles including tanks (up 136.7%), motorcycles (up 25.8%) then cars (up 4.7%) grew from 2018 to 2019.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported vehicles among Danish businesses and consumers.
In 2019, Danish importers spent the most on the following 10 subcategories of mineral fuels-related goods.
- Processed petroleum oils: US$2.9 billion (up 0.5% from 2018)
- Crude oil: $2.4 billion (down -7%)
- Electrical energy: $570.5 million (down -22.3%)
- Petroleum gases: $239.4 million (up 121.4%)
- Coal tar oils (high temperature distillation): $106.2 million (up 637.5%)
- Petroleum oil residues: $101 million (down -16%)
- Natural bitumen, asphalt, shale: $19.5 million (up 65.8%)
- Petroleum jelly, mineral waxes: $16.1 million (up 5.8%)
- Peat: $10.6 million (down -0.1%)
- Coke, semi-coke: $9 million (down -8.5%)
Among these import subcategories, Danish purchases of high temperature distilled coal tar oils (up 637.5%), petroleum gases (up 121.4%) then natural bitumen, asphalt and shale (up 65.8%) grew at the fastest pace from 2018 to 2019.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported mineral fuels-related goods among Danish businesses and consumers.
See also Denmark’s Top Trading Partners, Denmark’s Top 10 Exports and Top EU Import Countries
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International Monetary Fund, Exchange Rates selected indicators (National Currency per U.S. dollar, period average). Accessed on March 16, 2020
Trade Map, International Trade Centre. Accessed on March 16, 2020
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Wikipedia, Denmark. Accessed on March 16, 2020