Flag Denmark / United Kingdom Flag

Exports Flag → Flag  (2018): $7.78B, Rnk 4 / 211

Top Product Flag → Flag (2018): $678M, Iron Structures

Exports Flag → Flag (2018): $3.73B, Rnk 24 / 217

Top Product Flag → Flag (2018): $238M, Cars

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

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 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): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 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): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

Denmark-United Kingdom: In 2018, Denmark exported $7.78B to United Kingdom. The main products exported from Denmark to United Kingdom were Iron Structures ($678M), Other Iron Products ($613M), and Packaged Medicaments ($413M). During the last 23 years the exports of Denmark to United Kingdom have increased at an annualized rate of 3.47%, from $3.55B in 1995 to $7.78B in 2018. In 2016, Denmark exported services to United Kingdom worth $4.52B, with Transportation ($1.69B), Construction services ($1.34B), and Other business services ($822M) being the largest in terms of value.

United Kingdom-Denmark: In 2018, United Kingdom exported $3.73B to Denmark. The main products exported from United Kingdom to Denmark were Cars ($238M), Broadcasting Equipment ($122M), and Refined Petroleum ($118M). During the last 23 years the exports of United Kingdom to Denmark have increased at an annualized rate of 1.11%, from $2.89B in 1995 to $3.73B in 2018. In 2016, United Kingdom exported services to Denmark worth $874M, with Travel ($624M), Transportation ($243M), and Government services, n.i.e. ($6.75M) 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, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). In terms of GDP Per Capita, Denmark was ranked 11 with a GDP Per Capita of $61,350, and United Kingdom was ranked 22 with a GDP Per Capita of $42,944.

Bilateral Trade by Products

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Depth
Value

In 2018, Denmark exported $7.78B to United Kingdom. The main products exported from Denmark to United Kingdom were Iron Structures ($678M), Other Iron Products ($613M), and Packaged Medicaments ($413M). During the last 23 years the exports of Denmark to United Kingdom have increased at an annualized rate of 3.47%, from $3.55B in 1995 to $7.78B in 2018.

In 2018, United Kingdom exported $3.73B to Denmark. The main products exported from United Kingdom to Denmark were Cars ($238M), Broadcasting Equipment ($122M), and Refined Petroleum ($118M). During the last 23 years the exports of United Kingdom to Denmark have increased at an annualized rate of 1.11%, from $2.89B in 1995 to $3.73B in 2018.

Market Competitiveness

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Measure

Denmark
Top Destination
: Germany, $15.5B

United Kingdom
Top Destination
: United States, $61.9B

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 2018, countries that imported more from Denmark than United Kingdom were Sweden ($11.2B), Norway ($5.74B), and Greenland ($431M).

In 2018, countries that imported more from United Kingdom than Denmark were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

Comparative Advantage Denmark - United Kingdom

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Depth

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

During 2018, Denmark had a large net trade with United Kingdom in the exports of Machines ($1.67B), Metals ($1.48B), and Animal Products ($1.12B).

During 2018, United Kingdom had a large net trade with Denmark in the exports of Machines ($922M), Chemical Products ($458M), and Transportation ($423M).

Trade Forecasts

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This section shows a forecast for total trade between Denmark and United Kingdom. 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 United Kingdom worth $4.52B, with Transportation ($1.69B), Construction services ($1.34B), and Other business services ($822M) being the largest in terms of value.

In 2016, United Kingdom exported services to Denmark worth $874M, with Travel ($624M), Transportation ($243M), and Government services, n.i.e. ($6.75M) 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 United Kingdom. Similarly, the more red a dot/product is, the more United Kingdom has comparative advantage over Denmark.