Denmark (DNK) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Denmark-Italy In 2022, Denmark exported $3.12B to Italy. The main products that Denmark exported to Italy are Packaged Medicaments ($288M), Pig Meat ($262M), and Valves ($107M). During the last 27 years the exports of Denmark to Italy have increased at an annualized rate of 1.87%, from $1.89B in 1995 to $3.12B in 2022.

In 2020, Denmark exported services to Italy worth $1.01B, with Transportation ($666M), Computer and information services ($83.5M), and Other business services ($80.8M) being the largest in terms of value.

Italy-Denmark In 2022, Italy exported $4.39B to Denmark. The main products that Italy exported to Denmark were Wine ($164M), Special Purpose Ships ($160M), and Insulated Wire ($131M). During the last 27 years the exports of Italy to Denmark have increased at an annualized rate of 3.01%, from $1.97B in 1995 to $4.39B in 2022.

In 2020, Italy exported services to Denmark worth $432M, with Travel ($184M), Transportation ($114M), and Other business services ($104M) being the largest in terms of value.

Comparison In 2022, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Denmark exported $3.12B to Italy. The main products exported from Denmark to Italy were Packaged Medicaments ($288M), Pig Meat ($262M), and Valves ($107M). During the last 27 years the exports of Denmark to Italy have increased at an annualized rate of 1.87%, from $1.89B in 1995 to $3.12B in 2022.

In 2022, Italy exported $4.39B to Denmark. The main products exported from Italy to Denmark were Wine ($164M), Special Purpose Ships ($160M), and Insulated Wire ($131M). During the last 27 years the exports of Italy to Denmark have increased at an annualized rate of 3.01%, from $1.97B in 1995 to $4.39B in 2022.

Exports from Denmark () to Italy () (2022)

Exports from Italy () to Denmark () (2022)

Latest Data

Trade between Denmark () and Italy ()

Denmark Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Denmark than Italy were Sweden ($11.6B), Norway ($6.53B), and Greenland ($587M).

In 2021, countries that imported more from Italy than Denmark were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage Denmark - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Italy in the exports of Animal Products ($797M), Machines ($649M), and Chemical Products ($559M).

During 2022, Italy had a large net trade with Denmark in the exports of Machines ($1.09B), Metals ($533M), and Foodstuffs ($493M).

Service Trade

Bilateral Service Trade

Ita Year

Dnk Year

In 2020, Denmark exported services to Italy worth $1.01B, with Transportation ($666M), Computer and information services ($83.5M), and Other business services ($80.8M) being the largest in terms of value.

In 2020, Italy exported services to Denmark worth $432M, with Travel ($184M), Transportation ($114M), and Other business services ($104M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Italy () to Denmark () (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 Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Denmark.

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to Italy () (2022)

Exports from Italy () to Denmark () (2022)

Latest Data

Trade between Denmark () and Italy ()

Denmark Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Denmark - Italy

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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