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

About

Denmark-Austria In 2022, Denmark exported $1.01B to Austria. The main products that Denmark exported to Austria are 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.

Austria-Denmark In 2022, Austria exported $1.18B to Denmark. The main products that Austria exported 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 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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

Trade between Denmark (Flag) and Austria (Flag)

Denmark Exports

Austria Exports

Market Competitiveness

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

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

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

In 2021, countries that imported more from Austria than Denmark were Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

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

Comparative Advantage Denmark - Austria

Flow
Scale

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

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

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

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

Services Exports from Austria (Flag) to Denmark (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 Denmark has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Denmark.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with