Flag Denmark / Sweden Flag

Exports FlagFlag  (2018): $11.2B, Rnk 2 / 211

Top Product FlagFlag (2018): $1.14B, Refined Petroleum

Exports FlagFlag (2018): $11.2B, Rnk 3 / 211

Top Product FlagFlag (2018): $950M, Broadcasting Equipment

Economic Complexity of Flag (2018): ECI 1.03, Rnk 23 / 137

Economic Complexity of Flag (2018): ECI 1.66, Rnk 7 / 137

GDP Flag (2018): $356B, CURRENT US$
Rnk 36 / 196

GDP GROWTH Flag (2008-2018): 0.65%, CURRENT US$
Rnk 163 / 196

GDP Flag (2018): $556B, CURRENT US$
Rnk 22 / 196

GDP GROWTH Flag (2008-2018): 7.89%, CURRENT US$
Rnk 149 / 196

GDP PC Flag (2018): $61,350, CURRENT US$
Rnk 11 / 196

GDP PC GROWTH Flag (2008-2018): -4.62%, CURRENT US$
Rnk 160 / 196

GDP PC Flag (2018): $54,608, CURRENT US$
Rnk 13 / 196

GDP PC GROWTH Flag (2008-2018): -2.32%, CURRENT US$
Rnk 155 / 196

Denmark-Sweden: In 2018, Denmark exported $11.2B to Sweden. The main products exported from Denmark to Sweden were Refined Petroleum ($1.14B), Crude Petroleum ($482M), and Packaged Medicaments ($390M). During the last 23 years the exports of Denmark to Sweden have increased at an annualized rate of 4.07%, from $4.48B in 1995 to $11.2B in 2018. In 2016, Denmark exported services to Sweden worth $5.35B, with Transportation ($2.55B), Travel ($1.29B), and Other business services ($1.1B) being the largest in terms of value.

Sweden-Denmark: In 2018, Sweden exported $11.2B to Denmark. The main products exported from Sweden to Denmark were Broadcasting Equipment ($950M), Cars ($836M), and Refined Petroleum ($603M). During the last 23 years the exports of Sweden to Denmark have increased at an annualized rate of 3.6%, from $4.97B in 1995 to $11.2B in 2018. In 2016, Sweden exported services to Denmark worth $4.51B, with Travel ($1.31B), Other business services ($1.23B), and Transportation ($730M) being the largest in terms of value.

Comparison: In 2018, Denmark ranked 23 in the Economic Complexity Index (ECI 1.03), and 37 in total exports ($101B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.66), and 32 in total exports ($162B). In terms of GDP Per Capita, Denmark was ranked 11 with a GDP Per Capita of $61,350, and Sweden was ranked 13 with a GDP Per Capita of $54,608.

Bilateral Trade by Products

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Depth
Value

In 2018, Denmark exported $11.2B to Sweden. The main products exported from Denmark to Sweden were Refined Petroleum ($1.14B), Crude Petroleum ($482M), and Packaged Medicaments ($390M). During the last 23 years the exports of Denmark to Sweden have increased at an annualized rate of 4.07%, from $4.48B in 1995 to $11.2B in 2018.

In 2018, Sweden exported $11.2B to Denmark. The main products exported from Sweden to Denmark were Broadcasting Equipment ($950M), Cars ($836M), and Refined Petroleum ($603M). During the last 23 years the exports of Sweden to Denmark have increased at an annualized rate of 3.6%, from $4.97B in 1995 to $11.2B in 2018.

Market Competitiveness

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Measure

Denmark
Top Destination
: Germany, $15.5B

Sweden
Top Destination
: Germany, $17.4B

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

In 2018, countries that imported more from Denmark than Sweden were Greenland ($431M), Cambodia ($224M), and Iceland ($607M).

In 2018, countries that imported more from Sweden than Denmark were Norway ($15.2B), Finland ($9.41B), and Belgium-Luxembourg ($7.54B).

Comparative Advantage Denmark - Sweden

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Depth

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

During 2018, Denmark had a large net trade with Sweden in the exports of Machines ($2.16B), Mineral Products ($1.85B), and Chemical Products ($1.17B).

During 2018, Sweden had a large net trade with Denmark in the exports of Machines ($3.78B), Transportation ($1.38B), and Metals ($898M).

Trade Forecasts

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This section shows a forecast for total trade between Denmark and Sweden. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Denmark exported services to Sweden worth $5.35B, with Transportation ($2.55B), Travel ($1.29B), and Other business services ($1.1B) being the largest in terms of value.

In 2016, Sweden exported services to Denmark worth $4.51B, with Travel ($1.31B), Other business services ($1.23B), and Transportation ($730M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Denmark has comparative advantage over Sweden. Similarly, the more red a dot/product is, the more Sweden has comparative advantage over Denmark.