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2022
Flag → Flag
Exports $142MRnk 67 / 168
2022
Flag → Flag
Top Product $89.6MSoybean Meal
2022
Flag → Flag
Exports $201MRnk 59 / 218
2022
Flag → Flag
Top Product $33.8MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Argentina-Denmark Trade: In 2022, Argentina exported $142M to Denmark. The main products that Argentina exported to Denmark were Soybean Meal ($89.6M), Other Vegetable Residues and Waste ($12.8M), and Quaternary Ammonium Salts and Hydroxides ($9.41M). Over the past 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 8.9%, from $227M in 2017 to $142M in 2022.

In 2022, Argentina did not export any services to Denmark.

Denmark-Argentina Trade: In 2022, Denmark exported $201M to Argentina. The main products that Denmark exported to Argentina were Packaged Medicaments ($33.8M), Vaccines, blood, antisera, toxins and cultures ($17.1M), and Orthopedic Appliances ($16.2M). Over the past 5 years the exports of Denmark to Argentina have increased at an annualized rate of 0.75%,  from $194M in 2017 to $201M in 2022.

In 2020, Denmark exported services to Argentina worth $200M, with Transportation ($179M), Other business services ($7.77M), and Communications services ($3.88M) being the largest in terms of value.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $142M to Denmark. The main products exported from Argentina to Denmark were Soybean Meal ($89.6M), Other Vegetable Residues and Waste ($12.8M), and Quaternary Ammonium Salts and Hydroxides ($9.41M). During the last 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 8.9%, from $227M in 2017 to $142M in 2022.

In 2017, Denmark exported $201M to Argentina. The main products exported from Denmark to Argentina were Packaged Medicaments ($33.8M), Vaccines, blood, antisera, toxins and cultures ($17.1M), and Orthopedic Appliances ($16.2M). During the last 5 years the exports of Denmark to Argentina have increased at an annualized rate of 0.75%, from $194M in 2022 to $201M in 2017.

Exports from Argentina (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Denmark (Flag)

Argentina Exports

Denmark Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Denmark
Top DestinationGermany$18.9B

This map shows whether countries import more from Argentina or Denmark. Each country is colored based on the difference in imports they receive from Argentina and Denmark or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Denmark included Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

In 2022, countries that imported more from Denmark than Argentina included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

Difference in imports from Denmark (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Denmark

Flow
Scale

This chart compares trade between Argentina and Denmark by product, considering products traded by both, Argentina and Denmark.

During 2022, Argentina had a large net trade with Denmark in the exports of Foodstuffs ($116M), Chemical Products ($9.48M), and Animal Products ($8.1M).

During 2017, Denmark had a large net trade with Argentina in the exports of Chemical Products ($97.1M), Machines ($43.3M), and Instruments ($26.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Denmark+$3.44MCorn
Top Product Potential Denmark Argentina+$7.78MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Denmark exported services to Argentina worth $200M, with Transportation ($179M), Other business services ($7.77M), and Communications services ($3.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Argentina (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Denmark. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Denmark (Flag) (2022)

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