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2022
Flag → Flag
Exports $5.63BRnk 6 / 218
2022
Flag → Flag
Top Product $346MPackaged Medicaments
2022
Flag → Flag
Exports $3.4BRnk 26 / 224
2022
Flag → Flag
Top Product $361MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Denmark-United Kingdom Trade: In 2022, Denmark exported $5.63B to United Kingdom. The main products that Denmark exported to United Kingdom were Packaged Medicaments ($346M), Other Edible Preparations ($221M), and Non-fillet Fresh Fish ($217M). Over the past 5 years the exports of Denmark to United Kingdom have decreased at an annualized rate of 4.18%, from $6.97B in 2017 to $5.63B in 2022.

In 2020, Denmark exported services to United Kingdom worth $5.31B, with Transportation ($2.1B), Construction services ($1.1B), and Other business services ($919M) being the largest in terms of value.

United Kingdom-Denmark Trade: In 2022, United Kingdom exported $3.4B to Denmark. The main products that United Kingdom exported to Denmark were Crude Petroleum ($361M), Refined Petroleum ($255M), and Cars ($127M). Over the past 5 years the exports of United Kingdom to Denmark have decreased at an annualized rate of 1.02%,  from $3.58B in 2017 to $3.4B in 2022.

In 2019, United Kingdom exported services to Denmark worth $4.41B, with Other business services ($2.43B), Travel ($736M), and Financial services ($409M) being the largest in terms of value.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $5.63B to United Kingdom. The main products exported from Denmark to United Kingdom were Packaged Medicaments ($346M), Other Edible Preparations ($221M), and Non-fillet Fresh Fish ($217M). During the last 5 years the exports of Denmark to United Kingdom have decreased at an annualized rate of 4.18%, from $6.97B in 2017 to $5.63B in 2022.

In 2017, United Kingdom exported $3.4B to Denmark. The main products exported from United Kingdom to Denmark were Crude Petroleum ($361M), Refined Petroleum ($255M), and Cars ($127M). During the last 5 years the exports of United Kingdom to Denmark have decreased at an annualized rate of 1.02%, from $3.58B in 2022 to $3.4B in 2017.

Exports from Denmark (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and United Kingdom (Flag)

Denmark Exports

United Kingdom Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Denmark than United Kingdom included Sweden ($11.6B), Norway ($6.53B), and Greenland ($587M).

In 2022, countries that imported more from United Kingdom than Denmark included United States ($61.8B), Netherlands ($41.9B), and Ireland ($32.6B).

Difference in imports from United Kingdom (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - United Kingdom

Flow
Scale

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

During 2022, Denmark had a large net trade with United Kingdom in the exports of Machines ($1.19B), Animal Products ($910M), and Foodstuffs ($785M).

During 2017, United Kingdom had a large net trade with Denmark in the exports of Mineral Products ($755M), Machines ($697M), and Chemical Products ($346M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark United Kingdom+$234MPackaged Medicaments
Top Product Potential United Kingdom Denmark+$103MCars

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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Bilateral Service Trade

In 2020, Denmark exported services to United Kingdom worth $5.31B, with Transportation ($2.1B), Construction services ($1.1B), and Other business services ($919M) being the largest in terms of value.

In 2019, United Kingdom exported services to Denmark worth $4.41B, with Other business services ($2.43B), Travel ($736M), and Financial services ($409M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Denmark (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and United Kingdom (Flag) (2022)

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