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2023
Flag → Flag
Exports $8.63BRnk 56 / 208
2023
Flag → Flag
Top Product $465MPackaged Medicaments
2023
Flag → Flag
Exports $5.91BRnk 5 / 217
2023
Flag → Flag
Top Product $1.52BHormones
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

China-Denmark Trade: In 2023, China exported $8.63B to Denmark. The main products that China exported to Denmark were Packaged Medicaments ($465M), Special Purpose Ships ($330M), and Electrical Transformers ($266M). Over the past 5 years the exports of China to Denmark have increased at an annualized rate of 1.98%, from $7.82B in 2018 to $8.63B in 2023.

In 2023, China did not export any services to Denmark.

Denmark-China Trade: In 2023, Denmark exported $5.91B to China. The main products that Denmark exported to China were Hormones ($1.52B), Packaged Medicaments ($828M), and Non-fillet Frozen Fish ($307M). Over the past 5 years the exports of Denmark to China have increased at an annualized rate of 5.39%,  from $4.55B in 2018 to $5.91B in 2023.

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 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $1.05B and imported $505M from Denmark, resulting in a positive trade balance of $543M. Between December 2023 and December 2024 the exports of China have increased by $268M (34.3%) from $781M to $1.05B, while imports decreased by $-26.7M (-5.03%) from $532M to $505M.

Trade In December 2024, the top exports of China to Denmark were Packaged Medicaments ($36.2M), Buses ($31.4M), Non-Knit Women's Suits ($29.5M), Computers ($24.8M), and Seats ($22.5M). In December 2024 the top imports of China from Denmark were Packaged Medicaments ($70.1M), Hormones ($68.7M), Edible Offal ($16.1M), Vaccines, blood, antisera, toxins and cultures ($9.18M), and Pig Meat ($8.07M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($292M), Jiangsu Province ($179M), Zhejiang Province ($178M), Shandong Province ($121M), and Tianjin ($76.5M), while imports destinations were mainly Tianjin ($171M), Shanghai Province ($103M), Beijing ($90.3M), Jiangsu Province ($37.4M), and Guangdong Province ($35.7M).

Growth In December 2024, the increase in China's year-by-year exports to Denmark was explained primarily by an increase in product exports in Buses ($31.1M or 9.2k%), Electric Batteries ($8.95M or 197%), and Other Furniture ($6.02M or 45.5%). In December 2024, the decrease in China's year-by-year imports  from Denmark was explained primarily by an decrease in product imports  in Pig Meat ($-87.4M or -91.5%), Hormones ($-54.5M or -44.2%), and Other toys ($-13.1M or -87.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$268M(34.3%)
IMPORT GROWTH (December 2023 - December 2024)$-26.7M(-5.03%)
MAIN EXPORTER (December 2024)Guangdong Province$292M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Denmark and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $8.63B to Denmark. The main products exported from China to Denmark were Packaged Medicaments ($465M), Special Purpose Ships ($330M), and Electrical Transformers ($266M). During the last 5 years the exports of China to Denmark have increased at an annualized rate of 1.98%, from $7.82B in 2018 to $8.63B in 2023.

In 2018, Denmark exported $5.91B to China. The main products exported from Denmark to China were Hormones ($1.52B), Packaged Medicaments ($828M), and Non-fillet Frozen Fish ($307M). During the last 5 years the exports of Denmark to China have increased at an annualized rate of 5.39%, from $4.55B in 2023 to $5.91B in 2018.

Exports from China (Flag) to Denmark (Flag) (2023)

Exports from Denmark (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Denmark
Top DestinationGermany$14.8B

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 2023, countries that imported more from China than Denmark included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Denmark than China included Greenland ($647M), Sweden ($11.2B), and Gibraltar ($54.9M).

Difference in imports from Denmark (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Denmark in the exports of Machines ($2.83B), Textiles ($1.34B), and Miscellaneous ($906M).

During 2018, Denmark had a large net trade with China in the exports of Chemical Products ($2.76B), Animal Products ($1.21B), and Machines ($867M).

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) (2023)

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