2022
Flag  
GDP
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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 GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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2022
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GDP PC
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

Denmark-Ecuador In 2022, Denmark exported $36.2M to Ecuador. The main products that Denmark exported to Ecuador are Vaccines, blood, antisera, toxins and cultures ($3.4M), Enzymes ($2.9M), and Vegetable Saps ($2.53M). During the last 27 years the exports of Denmark to Ecuador have increased at an annualized rate of 4.57%, from $10.9M in 1995 to $36.2M in 2022.

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

Ecuador-Denmark In 2022, Ecuador exported $26.1M to Denmark. The main products that Ecuador exported to Denmark were Crustaceans ($8.15M), Other Wood Articles ($6.04M), and Bananas ($4.77M). During the last 27 years the exports of Ecuador to Denmark have increased at an annualized rate of 6.25%, from $5.08M in 1995 to $26.1M in 2022.

In 2022, Ecuador 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, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $36.2M to Ecuador. The main products exported from Denmark to Ecuador were Vaccines, blood, antisera, toxins and cultures ($3.4M), Enzymes ($2.9M), and Vegetable Saps ($2.53M). During the last 27 years the exports of Denmark to Ecuador have increased at an annualized rate of 4.57%, from $10.9M in 1995 to $36.2M in 2022.

In 2022, Ecuador exported $26.1M to Denmark. The main products exported from Ecuador to Denmark were Crustaceans ($8.15M), Other Wood Articles ($6.04M), and Bananas ($4.77M). During the last 27 years the exports of Ecuador to Denmark have increased at an annualized rate of 6.25%, from $5.08M in 1995 to $26.1M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Ecuador (Flag)

Denmark Exports

Ecuador Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Denmark than Ecuador were Germany ($18.9B), Sweden ($11.6B), and Netherlands ($7.26B).

In 2021, countries that imported more from Ecuador than Denmark were Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

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

Comparative Advantage Denmark - Ecuador

Flow
Scale

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

During 2022, Denmark had a large net trade with Ecuador in the exports of Chemical Products ($12.2M), Machines ($12.2M), and Instruments ($3.07M).

During 2022, Ecuador had a large net trade with Denmark in the exports of Wood Products ($10.2M), Animal Products ($8.15M), and Vegetable Products ($5.65M).

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

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

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