Denmark / South Korea

Denmark-South Korea Trade: In 2023, Denmark exported $891M to South Korea. The main products that Denmark exported to South Korea were Passenger and Cargo Ships ($61.3M), Valves ($48.7M), and Cheese ($47M). Over the past 5 years the exports of Denmark to South Korea have increased at an annualized rate of 2.04%, from $805M in 2018 to $891M in 2023.

In 2020, Denmark exported services to South Korea worth $836M, with Transportation ($674M), Royalties and license fees ($81.7M), and Computer and information services ($37.1M) being the largest in terms of value.

South Korea-Denmark Trade: In 2023, South Korea exported $931M to Denmark. The main products that South Korea exported to Denmark were Refined Petroleum ($221M), Cars ($203M), and Hot-Rolled Iron ($119M). Over the past 5 years the exports of South Korea to Denmark have decreased at an annualized rate of 4.31%,  from $1.16B in 2018 to $931M in 2023.

In 2023, South Korea did not export any services to Denmark.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).