2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Denmark-Belarus Trade: In 2023, Denmark exported $8.68M to Belarus. The main products that Denmark exported to Belarus were Pigs ($3.1M), Non-fillet Frozen Fish ($1.11M), and Medical Instruments ($1.06M). Over the past 5 years the exports of Denmark to Belarus have decreased at an annualized rate of 42%, from $132M in 2018 to $8.68M in 2023.

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

Belarus-Denmark Trade: In 2023, Belarus exported $1.16M to Denmark. The main products that Belarus exported to Denmark were Fish Fillets ($462k), Other Plastic Products ($225k), and Plastic Pipes ($109k). Over the past 5 years the exports of Belarus to Denmark have decreased at an annualized rate of 50.9%,  from $40.7M in 2018 to $1.16M in 2023.

In 2014, Belarus exported services to Denmark worth $2.8M, with Computer and information services ($2.72M), Royalties and license fees ($49.4k), and Insurance services ($25.8k) being the largest in terms of value.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $8.68M to Belarus. The main products exported from Denmark to Belarus were Pigs ($3.1M), Non-fillet Frozen Fish ($1.11M), and Medical Instruments ($1.06M). During the last 5 years the exports of Denmark to Belarus have decreased at an annualized rate of 42%, from $132M in 2018 to $8.68M in 2023.

In 2018, Belarus exported $1.16M to Denmark. The main products exported from Belarus to Denmark were Fish Fillets ($462k), Other Plastic Products ($225k), and Plastic Pipes ($109k). During the last 5 years the exports of Belarus to Denmark have decreased at an annualized rate of 50.9%, from $40.7M in 2023 to $1.16M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Belarus (Flag)

Denmark Exports

Belarus Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Belarus
Top Destination
China$2.6B

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

In 2023, countries that imported more from Denmark than Belarus included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Belarus than Denmark included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

Comparative Advantage Denmark - Belarus

Flow
Scale

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

During 2023, Denmark had a large net trade with Belarus in the exports of Animal Products ($4.99M), Instruments ($1.15M), and Chemical Products ($1.1M).

During 2018, Belarus had a large net trade with Denmark in the exports of Animal Products ($467k), Plastics and Rubbers ($337k), and Miscellaneous ($108k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Belarus+$1.55MMedical Instruments
Top Product Potential Belarus Denmark+$1.11MRapeseed Oil

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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Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Belarus (Flag) (2023)

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