Denmark (DNK) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Denmark-Estonia Trade: In 2023, Denmark exported $361M to Estonia. The main products that Denmark exported to Estonia were Other Engines ($23.2M), Pig Meat ($20.1M), and Electric Generating Sets ($16.2M). Over the past 5 years the exports of Denmark to Estonia have increased at an annualized rate of 4.15%, from $294M in 2018 to $361M in 2023.

In 2020, Denmark exported services to Estonia worth $98.9M, with Transportation ($49.5M), Computer and information services ($13.5M), and Other business services ($12.9M) being the largest in terms of value.

Estonia-Denmark Trade: In 2023, Estonia exported $603M to Denmark. The main products that Estonia exported to Denmark were Fuel Wood ($187M), Wood Carpentry ($52M), and Non-Retail Carded Wool Yarn ($15.7M). Over the past 5 years the exports of Estonia to Denmark have increased at an annualized rate of 2.56%, from $480M in 2018 to $603M in 2023.

In 2020, Estonia exported services to Denmark worth $101M, with Transportation ($49.9M), Other business services ($25.7M), and Computer and information services ($13.9M) 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $361M to Estonia. The main products exported from Denmark to Estonia were Other Engines ($23.2M), Pig Meat ($20.1M), and Electric Generating Sets ($16.2M). During the last 5 years the exports of Denmark to Estonia have increased at an annualized rate of 4.15%, from $294M in 2018 to $361M in 2023.

In 2018, Estonia exported $603M to Denmark. The main products exported from Estonia to Denmark were Fuel Wood ($187M), Wood Carpentry ($52M), and Non-Retail Carded Wool Yarn ($15.7M). During the last 5 years the exports of Estonia to Denmark have increased at an annualized rate of 2.56%, from $480M in 2023 to $603M in 2018.

Exports from Denmark () to Estonia () (2023)

Exports from Estonia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Estonia ()

Denmark Exports

Date

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Denmark than Estonia included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Estonia than Denmark included Latvia ($1.91B), Russia ($1.18B), and Lithuania ($1.74B).

Difference in imports from Estonia () and Denmark () (2023)

Comparative Advantage Denmark - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Estonia in the exports of Machines ($100M), Foodstuffs ($50.6M), and Chemical Products ($47.4M).

During 2018, Estonia had a large net trade with Denmark in the exports of Wood Products ($274M), Machines ($77.5M), and Miscellaneous ($46.8M).

Bilateral Service Trade

Est Year

Dnk Year

In 2020, Denmark exported services to Estonia worth $98.9M, with Transportation ($49.5M), Computer and information services ($13.5M), and Other business services ($12.9M) being the largest in terms of value.

In 2020, Estonia exported services to Denmark worth $101M, with Transportation ($49.9M), Other business services ($25.7M), and Computer and information services ($13.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to Estonia () (2020)

Services Exports from Estonia () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Denmark and Estonia. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Denmark.

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Estonia () (2023)

Exports from Estonia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Estonia ()

Denmark Exports

Estonia Exports

Market Competitiveness

Difference in imports from Estonia () and Denmark () (2023)

Comparative Advantage Denmark - Estonia

Bilateral Service Trade

Services Exports from Denmark () to Estonia () (2020)

Services Exports from Estonia () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Denmark () and Estonia () (2023)

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