Flag Austria / Denmark Flag

2021
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Exports
: $1.14B, Rnk 27 / 217

2021
FlagFlag
Top Product
: $84.9M, Vaccines, blood, antisera, toxins and cultures

2021
FlagFlag
Exports
: $899M, Rnk 25 / 215

2021
FlagFlag
Top Product
: $83.7M, Packaged Medicaments

2021
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Economic Complexity (ECI)
: ECI 1.5, Rnk 9 / 131

2021
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Economic Complexity (ECI)
: ECI 1.02, Rnk 27 / 131

2021
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GDP
: $477B, CURRENT US$
Rnk 29 / 182

2011-2021
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GDP GROWTH
: 10.5%, CURRENT US$
Rnk 129 / 182

2021
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 GDP
: $397B, CURRENT US$
Rnk 34 / 182

2011-2021
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GDP GROWTH
: 15.4%, CURRENT US$
Rnk 115 / 182

2021
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GDP PC 
: $53,268, CURRENT US$
Rnk 15 / 182

2011-2021
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 116 / 182

2021
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GDP PC
: $67,803, CURRENT US$
Rnk 9 / 182

2011-2021
Flag
GDP PC GROWTH
: 9.8%, CURRENT US$
Rnk 102 / 182

Austria-Denmark In 2021, Austria exported $1.14B to Denmark. The main products that Austria exported to Denmark are Vaccines, blood, antisera, toxins and cultures ($84.9M), Electrical Transformers ($55.9M), and Metal Mountings ($28.8M). During the last 26 years the exports of Austria to Denmark have increased at an annualized rate of 3.26%, from $493M in 1995 to $1.14B in 2021.

In 2020, Austria exported services to Denmark worth $410M, with Travel ($152M), Other business services ($92.5M), and Transportation ($83.4M) being the largest in terms of value.

Denmark-Austria In 2021, Denmark exported $899M to Austria. The main products that Denmark exported to Austria were Packaged Medicaments ($83.7M), Cars ($59.1M), and Valves ($30.8M). During the last 26 years the exports of Denmark to Austria have increased at an annualized rate of 2.17%, from $515M in 1995 to $899M in 2021.

In 2020, Denmark exported services to Austria worth $192M, with Transportation ($64.2M), Other business services ($44.4M), and Computer and information services ($36.9M) being the largest in terms of value.

Comparison In 2021,  Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.02), and 37 in total exports ($120B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Austria exported $1.14B to Denmark. The main products exported from Austria to Denmark were Vaccines, blood, antisera, toxins and cultures ($84.9M), Electrical Transformers ($55.9M), and Metal Mountings ($28.8M). During the last 26 years the exports of Austria to Denmark have increased at an annualized rate of 3.26%, from $493M in 1995 to $1.14B in 2021.

In 2021, Denmark exported $899M to Austria. The main products exported from Denmark to Austria were Packaged Medicaments ($83.7M), Cars ($59.1M), and Valves ($30.8M). During the last 26 years the exports of Denmark to Austria have increased at an annualized rate of 2.17%, from $515M in 1995 to $899M in 2021.

Austria Exports

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Denmark Exports

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Market Competitiveness

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Color

Austria
Top Destination
: Germany, $56.4B

Denmark
Top Destination
: Germany, $16.3B

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

In 2021, countries that imported more from Austria than Denmark were Germany ($56.4B), Italy ($13.1B), and Switzerland ($10.1B).

In 2021, countries that imported more from Denmark than Austria were Sweden ($11.9B), Norway ($6.36B), and Netherlands ($6.23B).

Comparative Advantage Austria - Denmark

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Flow
Scale

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

During 2021, Austria had a large net trade with Denmark in the exports of Machines ($341M), Chemical Products ($179M), and Metals ($165M).

During 2021, Denmark had a large net trade with Austria in the exports of Machines ($248M), Chemical Products ($153M), and Textiles ($112M).

Bilateral Service Trade

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In 2020, Austria exported services to Denmark worth $410M, with Travel ($152M), Other business services ($92.5M), and Transportation ($83.4M) being the largest in terms of value.

In 2020, Denmark exported services to Austria worth $192M, with Transportation ($64.2M), Other business services ($44.4M), and Computer and information services ($36.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Austria.