2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Denmark-China Trade: In 2022, Denmark exported $5.57B to China. The main products that Denmark exported to China were Hormones ($1.17B), Packaged Medicaments ($772M), and Pig Meat ($524M). Over the past 5 years the exports of Denmark to China have increased at an annualized rate of 4.95%, from $4.38B in 2017 to $5.57B in 2022.

In 2020, Denmark exported services to China worth $2.87B, with Transportation ($2.24B), Royalties and license fees ($288M), and Other business services ($122M) being the largest in terms of value.

China-Denmark Trade: In 2022, China exported $10.9B to Denmark. The main products that China exported to Denmark were Packaged Medicaments ($621M), Semiconductor Devices ($345M), and Non-Knit Women's Suits ($328M). Over the past 5 years the exports of China to Denmark have increased at an annualized rate of 2.5%,  from $6.64B in 2017 to $10.9B in 2022.

In 2022, China did not export any services to Denmark.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $5.57B to China. The main products exported from Denmark to China were Hormones ($1.17B), Packaged Medicaments ($772M), and Pig Meat ($524M). During the last 5 years the exports of Denmark to China have increased at an annualized rate of 4.95%, from $4.38B in 2017 to $5.57B in 2022.

In 2017, China exported $10.9B to Denmark. The main products exported from China to Denmark were Packaged Medicaments ($621M), Semiconductor Devices ($345M), and Non-Knit Women's Suits ($328M). During the last 5 years the exports of China to Denmark have increased at an annualized rate of 2.5%, from $6.64B in 2022 to $10.9B in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and China (Flag)

Denmark Exports

China Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Denmark than China included Greenland ($587M), Iceland ($744M), and Gibraltar ($49.9M).

In 2022, countries that imported more from China than Denmark included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Denmark - China

Flow
Scale

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

During 2022, Denmark had a large net trade with China in the exports of Chemical Products ($2.28B), Animal Products ($1.36B), and Machines ($879M).

During 2017, China had a large net trade with Denmark in the exports of Machines ($3.4B), Textiles ($1.93B), and Miscellaneous ($1.24B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark China+$327MPackaged Medicaments
Top Product Potential China Denmark+$202MComputers

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 China. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Denmark.

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

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