2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Austria-Denmark In 2022, Austria exported $1.18B to Denmark. The main products that Austria exported to Denmark are Vaccines, blood, antisera, toxins and cultures ($86.3M), Electrical Transformers ($60.2M), and Electrical Control Boards ($35.3M). During the last 27 years the exports of Austria to Denmark have increased at an annualized rate of 3.3%, from $492M in 1995 to $1.18B in 2022.

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 2022, Denmark exported $1.01B to Austria. The main products that Denmark exported to Austria were Packaged Medicaments ($96.4M), Cars ($37M), and Electric Generating Sets ($31.8M). During the last 27 years the exports of Denmark to Austria have increased at an annualized rate of 2.5%, from $517M in 1995 to $1.01B in 2022.

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 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $1.18B to Denmark. The main products exported from Austria to Denmark were Vaccines, blood, antisera, toxins and cultures ($86.3M), Electrical Transformers ($60.2M), and Electrical Control Boards ($35.3M). During the last 27 years the exports of Austria to Denmark have increased at an annualized rate of 3.3%, from $492M in 1995 to $1.18B in 2022.

In 2022, Denmark exported $1.01B to Austria. The main products exported from Denmark to Austria were Packaged Medicaments ($96.4M), Cars ($37M), and Electric Generating Sets ($31.8M). During the last 27 years the exports of Denmark to Austria have increased at an annualized rate of 2.5%, from $517M in 1995 to $1.01B in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Denmark (Flag)

Austria Exports

Denmark Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Denmark
Top Destination
Germany$18.9B

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 ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

In 2021, countries that imported more from Denmark than Austria were Sweden ($11.6B), Norway ($6.53B), and Netherlands ($7.26B).

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

Comparative Advantage Austria - Denmark

Flow
Scale

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

During 2022, Austria had a large net trade with Denmark in the exports of Machines ($345M), Metals ($217M), and Chemical Products ($174M).

During 2022, Denmark had a large net trade with Austria in the exports of Machines ($322M), Chemical Products ($175M), and Textiles ($129M).

Service Trade

Bilateral Service Trade

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.

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

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

Economic Complexity

Competitive Landscape

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.

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

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