2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Denmark-Canada In 2022, Denmark exported $1.44B to Canada. The main products that Denmark exported to Canada are Packaged Medicaments ($631M), Orthopedic Appliances ($80.2M), and Other Furniture ($31.5M). During the last 27 years the exports of Denmark to Canada have increased at an annualized rate of 7.04%, from $230M in 1995 to $1.44B in 2022.

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 In 2022, Canada exported $262M to Denmark. The main products that Canada exported to Denmark were Crustaceans ($39.5M), Fuel Wood ($18.1M), and Non-fillet Frozen Fish ($15.9M). During the last 27 years the exports of Canada to Denmark have increased at an annualized rate of 1.92%, from $157M in 1995 to $262M in 2022.

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 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $1.44B to Canada. The main products exported from Denmark to Canada were Packaged Medicaments ($631M), Orthopedic Appliances ($80.2M), and Other Furniture ($31.5M). During the last 27 years the exports of Denmark to Canada have increased at an annualized rate of 7.04%, from $230M in 1995 to $1.44B in 2022.

In 2022, Canada exported $262M to Denmark. The main products exported from Canada to Denmark were Crustaceans ($39.5M), Fuel Wood ($18.1M), and Non-fillet Frozen Fish ($15.9M). During the last 27 years the exports of Canada to Denmark have increased at an annualized rate of 1.92%, from $157M in 1995 to $262M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Canada (Flag)

Denmark Exports

Canada Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Denmark than Canada were Germany ($18.9B), Sweden ($11.6B), and Poland ($4.78B).

In 2021, countries that imported more from Canada than Denmark were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Denmark - Canada

Flow
Scale

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

During 2022, Denmark had a large net trade with Canada in the exports of Chemical Products ($702M), Machines ($223M), and Instruments ($126M).

During 2022, Canada had a large net trade with Denmark in the exports of Animal Products ($60.1M), Machines ($52.3M), and Instruments ($38.7M).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Product Space of Denmark (Flag) and Canada (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