Denmark (DNK) and Norway (NOR) Trade | OEC - The Observatory of Economic Complexity

About

Denmark-Norway: In 2019, Denmark exported $5.8B to Norway. The main products that Denmark exported to Norway are Electric Generating Sets ($317M), Other Furniture ($289M), and Refined Petroleum ($153M). During the last 24 years the exports of Denmark to Norway have increased at an annualized rate of 3.23%, from $2.71B in 1995 to $5.8B in 2019.

In 2016, Denmark exported services to Norway worth $3.61B, with Transportation ($1.33B), Travel ($1.15B), and Other business services ($774M) being the largest in terms of value.

Norway-Denmark: In 2019, Norway exported $4.43B to Denmark . The main products that Norway exported to Denmark were Crude Petroleum ($976M), Non-fillet Fresh Fish ($851M), and Refined Petroleum ($639M). During the last 24 years the exports of Norway to Denmark have increased at an annualized rate of 3.03%, from $2.16B in 1995 to $4.43B in 2019.

In 2009, Norway exported services to Denmark worth $2.71B, with Other business services ($942M), Travel ($633M), and Transportation ($486M) being the largest in terms of value.

Comparison: In 2019, Denmark ranked 25 in the Economic Complexity Index (ECI 1.07), and 37 in total exports ($104B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B).

Historical Data

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2019, Denmark exported $5.8B to Norway. The main products exported from Denmark to Norway were Electric Generating Sets ($317M), Other Furniture ($289M), and Refined Petroleum ($153M). During the last 24 years the exports of Denmark to Norway have increased at an annualized rate of 3.23%, from $2.71B in 1995 to $5.8B in 2019.

In 2019, Norway exported $4.43B to Denmark. The main products exported from Norway to Denmark were Crude Petroleum ($976M), Non-fillet Fresh Fish ($851M), and Refined Petroleum ($639M). During the last 24 years the exports of Norway to Denmark have increased at an annualized rate of 3.03%, from $2.16B in 1995 to $4.43B in 2019.

Latest Data

#

Date

#

Date

Market Competitiveness

#

Measure

SectionYear

Denmark
Top Destination: Germany, $14.6B

Norway
Top Destination: United Kingdom, $20B

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

In 2019, countries that imported more from Denmark than Norway were United States ($11.3B), Russia ($1.39B), and Italy ($2.87B).

In 2019, countries that imported more from Norway than Denmark were United Kingdom ($20B), Netherlands ($11.1B), and France ($6.58B).

Comparative Advantage Denmark - Norway

#

Depth

Year

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

During 2019, Denmark had a large net trade with Norway in the exports of Machines ($1.61B), Metals ($538M), and Miscellaneous ($516M).

During 2019, Norway had a large net trade with Denmark in the exports of Mineral Products ($1.85B), Animal Products ($989M), and Metals ($424M).

Tariff Section

#

Tariffs

#

This section shows import tariffs for products traded between Denmark and Norway (using the HS6 product classification and the last year reported).

In 2017, the products from Denmark that paid the highest import tariffs to enter Norway were Sugar beet (178%) and Whey (173%).

In 2018, the products from Norway that paid the highest import tariffs to enter Denmark were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

*The tariffs present between Denmark and Norway are:
136: Most Favoured Nation duty rate treatement
281: Preferential tariff for Norway

Service Trade

#

Bilateral Service Trade

#

Nor YearDnk Year

In 2016, Denmark exported services to Norway worth $3.61B, with Transportation ($1.33B), Travel ($1.15B), and Other business services ($774M) being the largest in terms of value.

In 2009, Norway exported services to Denmark worth $2.71B, with Other business services ($942M), Travel ($633M), and Transportation ($486M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#

Competitive Landscape

#

Year

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 Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over Denmark.

About

Historical Data

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Denmark - Norway

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

Related Profiles