2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

China-Denmark Trade: In 2022, China exported $6.64B to Denmark. The main products that China exported to Denmark were Packaged Medicaments ($621M), Semiconductor Devices ($345M), and Non-Knit Women's Suits ($328M). Over the past 5 years the exports of China to Denmark have increased at an annualized rate of 58.1%, from $673M in 2017 to $6.64B in 2022.

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

Denmark-China Trade: In 2022, Denmark exported $4.38B to China. The main products that Denmark exported to China were Hormones ($1.17B), Packaged Medicaments ($772M), and Pig Meat ($524M). Over the past 5 years the exports of Denmark to China have increased at an annualized rate of 70.7%,  from $302M in 2017 to $4.38B in 2022.

In 2020, Denmark exported services to China worth $2.87B, with Transportation ($2.24B), Royalties and license fees ($288M), and Other business services ($122M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $6.64B to Denmark. The main products exported from China to Denmark were Packaged Medicaments ($621M), Semiconductor Devices ($345M), and Non-Knit Women's Suits ($328M). During the last 5 years the exports of China to Denmark have increased at an annualized rate of 58.1%, from $673M in 2017 to $6.64B in 2022.

In 2017, Denmark exported $4.38B to China. The main products exported from Denmark to China were Hormones ($1.17B), Packaged Medicaments ($772M), and Pig Meat ($524M). During the last 22 years the exports of Denmark to China have increased at an annualized rate of 70.7%, from $302M in 1995 to $4.38B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from China than Denmark included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Denmark than China included Greenland ($587M), Iceland ($744M), and Gibraltar ($49.9M).

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

Comparative Advantage China - Denmark

Flow
Scale

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

During 2022, China had a large net trade with Denmark in the exports of Machines ($3.4B), Textiles ($1.93B), and Miscellaneous ($1.24B).

During 2017, Denmark had a large net trade with China in the exports of Chemical Products ($2.28B), Animal Products ($1.36B), and Machines ($879M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Denmark+$202MComputers
Top Product Potential Denmark China+$327MPackaged Medicaments

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 China worth $2.87B, with Transportation ($2.24B), Royalties and license fees ($288M), and Other business services ($122M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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