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
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Denmark-Colombia In 2022, Denmark exported $179M to Colombia. The main products that Denmark exported to Colombia are Packaged Medicaments ($70M), Planes, Helicopters, and/or Spacecraft ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($9.29M). During the last 27 years the exports of Denmark to Colombia have increased at an annualized rate of 4.72%, from $51.4M in 1995 to $179M in 2022.

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

Colombia-Denmark In 2022, Colombia exported $101M to Denmark. The main products that Colombia exported to Denmark were Coal Briquettes ($88.4M), Coffee ($4.09M), and Processed Fish ($3.23M). During the last 27 years the exports of Colombia to Denmark have increased at an annualized rate of 1.07%, from $75.6M in 1995 to $101M in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $179M to Colombia. The main products exported from Denmark to Colombia were Packaged Medicaments ($70M), Planes, Helicopters, and/or Spacecraft ($12.9M), and Vaccines, blood, antisera, toxins and cultures ($9.29M). During the last 27 years the exports of Denmark to Colombia have increased at an annualized rate of 4.72%, from $51.4M in 1995 to $179M in 2022.

In 2022, Colombia exported $101M to Denmark. The main products exported from Colombia to Denmark were Coal Briquettes ($88.4M), Coffee ($4.09M), and Processed Fish ($3.23M). During the last 27 years the exports of Colombia to Denmark have increased at an annualized rate of 1.07%, from $75.6M in 1995 to $101M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Colombia (Flag)

Denmark Exports

Colombia Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Denmark than Colombia were Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

In 2021, countries that imported more from Colombia than Denmark were Panama ($5.84B), United States ($15.6B), and Ecuador ($1.89B).

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

Comparative Advantage Denmark - Colombia

Flow
Scale

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

During 2022, Denmark had a large net trade with Colombia in the exports of Chemical Products ($101M), Machines ($24.4M), and Instruments ($14.2M).

During 2022, Colombia had a large net trade with Denmark in the exports of Mineral Products ($88.4M), Vegetable Products ($6.38M), and Foodstuffs ($4.93M).

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 Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Denmark.

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

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