Denmark / Canada

Denmark-Canada Trade: In 2023, Denmark exported $1.97B to Canada. The main products that Denmark exported to Canada were Packaged Medicaments ($1.03B), Orthopedic Appliances ($105M), and Vaccines, blood, antisera, toxins and cultures ($63.3M). Over the past 5 years the exports of Denmark to Canada have increased at an annualized rate of 10.5%, from $1.19B in 2018 to $1.97B in 2023.

In 2020, Denmark exported services to Canada worth $793M, with Transportation ($518M), Other business services ($98.3M), and Computer and information services ($59.4M) being the largest in terms of value.

Canada-Denmark Trade: In 2023, Canada exported $351M to Denmark. The main products that Canada exported to Denmark were Non-fillet Frozen Fish ($47.6M), Fuel Wood ($46.9M), and Crustaceans ($38.1M). Over the past 5 years the exports of Canada to Denmark have decreased at an annualized rate of 3.2%,  from $413M in 2018 to $351M in 2023.

In 2020, Canada exported services to Denmark worth $138M, with Transportation ($96.2M), Royalties and license fees ($15.7M), and Travel ($14.9M) 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).