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2023
Flag → Flag
Exports $81.1MRnk 74 / 217
2023
Flag → Flag
Top Product $5.65MFlavored Water
2023
Flag → Flag
Exports $200MRnk 18 / 191
2023
Flag → Flag
Top Product $27.7MIron Blocks
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
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GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Denmark-Luxembourg Trade: In 2023, Denmark exported $81.1M to Luxembourg. The main products that Denmark exported to Luxembourg were Flavored Water ($5.65M), Enzymes ($5.65M), and Stearic Acid ($4.32M). Over the past 5 years the exports of Denmark to Luxembourg have decreased at an annualized rate of 4.39%, from $102M in 2018 to $81.1M in 2023.

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

Luxembourg-Denmark Trade: In 2023, Luxembourg exported $200M to Denmark. The main products that Luxembourg exported to Denmark were Iron Blocks ($27.7M), Iron Sheet Piling ($16.1M), and Self-adhesive Plastics ($13M). Over the past 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 0.043%,  from $200M in 2018 to $200M in 2023.

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) being the largest in terms of value.

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $81.1M to Luxembourg. The main products exported from Denmark to Luxembourg were Flavored Water ($5.65M), Enzymes ($5.65M), and Stearic Acid ($4.32M). During the last 5 years the exports of Denmark to Luxembourg have decreased at an annualized rate of 4.39%, from $102M in 2018 to $81.1M in 2023.

In 2018, Luxembourg exported $200M to Denmark. The main products exported from Luxembourg to Denmark were Iron Blocks ($27.7M), Iron Sheet Piling ($16.1M), and Self-adhesive Plastics ($13M). During the last 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 0.043%, from $200M in 2023 to $200M in 2018.

Exports from Denmark (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Luxembourg (Flag)

Denmark Exports

Luxembourg Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from Denmark than Luxembourg included United States ($12B), Germany ($14.8B), and Sweden ($11.2B).

In 2023, countries that imported more from Luxembourg than Denmark included Hong Kong ($960M), Oman ($290M), and British Virgin Islands ($39.8M).

Difference in imports from Luxembourg (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Luxembourg

Flow
Scale

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

During 2023, Denmark had a large net trade with Luxembourg in the exports of Machines ($15.5M), Chemical Products ($13.1M), and Metals ($10.4M).

During 2018, Luxembourg had a large net trade with Denmark in the exports of Metals ($69.9M), Machines ($28.5M), and Plastics and Rubbers ($24.2M).

Bilateral Service Trade

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Luxembourg (Flag) (2020)

Services Exports from Luxembourg (Flag) to Denmark (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Luxembourg (Flag) (2023)

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