Denmark (DNK) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Denmark-Brazil Trade: In 2023, Denmark exported $1.28B to Brazil. The main products that Denmark exported to Brazil were Packaged Medicaments ($481M), Enzymes ($102M), and Machinery Having Individual Functions ($68.5M). Over the past 5 years the exports of Denmark to Brazil have increased at an annualized rate of 12.6%, from $708M in 2018 to $1.28B in 2023.

In 2020, Denmark exported services to Brazil worth $860M, with Transportation ($801M), Construction services ($18.5M), and Other business services ($17M) being the largest in terms of value.

Brazil-Denmark Trade: In 2023, Brazil exported $631M to Denmark. The main products that Brazil exported to Denmark were Soybean Meal ($338M), Packaged Medicaments ($60M), and Fuel Wood ($27.8M). Over the past 5 years the exports of Brazil to Denmark have increased at an annualized rate of 7.78%, from $434M in 2018 to $631M in 2023.

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

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $1.28B to Brazil. The main products exported from Denmark to Brazil were Packaged Medicaments ($481M), Enzymes ($102M), and Machinery Having Individual Functions ($68.5M). During the last 5 years the exports of Denmark to Brazil have increased at an annualized rate of 12.6%, from $708M in 2018 to $1.28B in 2023.

In 2018, Brazil exported $631M to Denmark. The main products exported from Brazil to Denmark were Soybean Meal ($338M), Packaged Medicaments ($60M), and Fuel Wood ($27.8M). During the last 5 years the exports of Brazil to Denmark have increased at an annualized rate of 7.78%, from $434M in 2023 to $631M in 2018.

Exports from Denmark () to Brazil () (2023)

Exports from Brazil () to Denmark () (2023)

Latest Data

Trade between Denmark () and Brazil ()

Denmark Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Denmark than Brazil included Sweden ($11.2B), Germany ($14.8B), and Norway ($4.75B).

In 2023, countries that imported more from Brazil than Denmark included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and Denmark () (2023)

Comparative Advantage Denmark - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Brazil in the exports of Chemical Products ($823M), Machines ($255M), and Instruments ($88.1M).

During 2018, Brazil had a large net trade with Denmark in the exports of Foodstuffs ($394M), Chemical Products ($77.3M), and Wood Products ($58.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Brazil+$43.5MPackaged Medicaments

Top Product Potential Brazil Denmark+$19.7MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Brazil () (2023)

Exports from Brazil () to Denmark () (2023)

Latest Data

Trade between Denmark () and Brazil ()

Denmark Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Denmark () (2023)

Comparative Advantage Denmark - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and Brazil () (2023)

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