Denmark (DNK) and India (IND) Trade | The Observatory of Economic Complexity

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Denmark-India In 2022, Denmark exported $912M to India. The main products that Denmark exported to India are Packaged Medicaments ($139M), Other Stone Articles ($54.6M), and Scrap Iron ($47.9M). During the last 27 years the exports of Denmark to India have increased at an annualized rate of 3.35%, from $375M in 1995 to $912M in 2022.

In 2020, Denmark exported services to India worth $1.44B, with Transportation ($1.27B), Other business services ($62M), and Construction services ($37.1M) being the largest in terms of value.

India-Denmark In 2022, India exported $1.23B to Denmark. The main products that India exported to Denmark were Refined Petroleum ($146M), Non-Knit Women's Suits ($93M), and Non-Knit Women's Shirts ($51.8M). During the last 27 years the exports of India to Denmark have increased at an annualized rate of 6.58%, from $219M in 1995 to $1.23B in 2022.

In 2022, India 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, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Denmark exported $912M to India. The main products exported from Denmark to India were Packaged Medicaments ($139M), Other Stone Articles ($54.6M), and Scrap Iron ($47.9M). During the last 27 years the exports of Denmark to India have increased at an annualized rate of 3.35%, from $375M in 1995 to $912M in 2022.

In 2022, India exported $1.23B to Denmark. The main products exported from India to Denmark were Refined Petroleum ($146M), Non-Knit Women's Suits ($93M), and Non-Knit Women's Shirts ($51.8M). During the last 27 years the exports of India to Denmark have increased at an annualized rate of 6.58%, from $219M in 1995 to $1.23B in 2022.

Exports from Denmark () to India () (2022)

Exports from India () to Denmark () (2022)

Latest Data

Trade between Denmark () and India ()

Denmark Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from Denmark than India were Sweden ($11.6B), Germany ($18.9B), and Norway ($6.53B).

In 2021, countries that imported more from India than Denmark were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

Difference in imports from India () and Denmark () (2022)

Comparative Advantage Denmark - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with India in the exports of Chemical Products ($297M), Machines ($198M), and Metals ($142M).

During 2022, India had a large net trade with Denmark in the exports of Textiles ($380M), Machines ($151M), and Mineral Products ($147M).

Service Trade

Bilateral Service Trade

Dnk Year

In 2020, Denmark exported services to India worth $1.44B, with Transportation ($1.27B), Other business services ($62M), and Construction services ($37.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to India () (2022)

Exports from India () to Denmark () (2022)

Latest Data

Trade between Denmark () and India ()

Denmark Exports

India Exports

Market Competitiveness

Difference in imports from India () and Denmark () (2022)

Comparative Advantage Denmark - India

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

Product Space of Denmark () and India () (2022)

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