2021
Flag  
GDP
$398BCURRENT US$
Rnk 36 / 204
2011-2021
Flag
GDP GROWTH
15.8%CURRENT US$
Rnk 125 / 204
2021
Flag
 GDP
$490BCURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP GROWTH
-2.21%CURRENT US$
Rnk 172 / 204
2021
Flag
GDP PC 
$68,008CURRENT US$
Rnk 13 / 204
2011-2021
Flag
GDP PC GROWTH
10.1%CURRENT US$
Rnk 115 / 204
2021
Flag
GDP PC
$90,655CURRENT US$
Rnk 7 / 204
2011-2021
Flag
GDP PC GROWTH
-10.4%CURRENT US$
Rnk 166 / 204

About

Denmark-Norway In 2021, Denmark exported $6.36B to Norway. The main products that Denmark exported to Norway are Other Furniture ($360M), Refined Petroleum ($169M), and Fish oil ($160M). During the last 26 years the exports of Denmark to Norway have increased at an annualized rate of 3.27%, from $2.76B in 1995 to $6.36B in 2021.

In 2020, Denmark exported services to Norway worth $3.74B, with Transportation ($1.27B), Other business services ($964M), and Computer and information services ($627M) being the largest in terms of value.

Norway-Denmark In 2021, Norway exported $4.57B to Denmark. The main products that Norway exported to Denmark were Non-fillet Fresh Fish ($976M), Electricity ($651M), and Crude Petroleum ($484M). During the last 26 years the exports of Norway to Denmark have increased at an annualized rate of 2.89%, from $2.18B in 1995 to $4.57B in 2021.

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 2021,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.02), and 37 in total exports ($120B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Denmark exported $6.36B to Norway. The main products exported from Denmark to Norway were Other Furniture ($360M), Refined Petroleum ($169M), and Fish oil ($160M). During the last 26 years the exports of Denmark to Norway have increased at an annualized rate of 3.27%, from $2.76B in 1995 to $6.36B in 2021.

In 2021, Norway exported $4.57B to Denmark. The main products exported from Norway to Denmark were Non-fillet Fresh Fish ($976M), Electricity ($651M), and Crude Petroleum ($484M). During the last 26 years the exports of Norway to Denmark have increased at an annualized rate of 2.89%, from $2.18B in 1995 to $4.57B in 2021.

Exports from Denmark (Flag) to Norway (Flag) (2021)

Exports from Norway (Flag) to Denmark (Flag) (2021)

Latest Data

Trade between Denmark (Flag) and Norway (Flag)

Denmark Exports

Norway Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$16.3B
Norway
Top Destination
United Kingdom$33.5B

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 2021, countries that imported more from Denmark than Norway were United States ($12.5B), Russia ($1.57B), and Japan ($2.39B).

In 2021, countries that imported more from Norway than Denmark were United Kingdom ($33.5B), Germany ($31.5B), and Belgium ($9.1B).

Difference in imports from Norway (Flag) and Denmark (Flag) (2021)

Comparative Advantage Denmark - Norway

Flow
Scale

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

During 2021, Denmark had a large net trade with Norway in the exports of Machines ($1.41B), Miscellaneous ($637M), and Foodstuffs ($614M).

During 2021, Norway had a large net trade with Denmark in the exports of Mineral Products ($1.64B), Animal Products ($1.16B), and Metals ($515M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to Norway worth $3.74B, with Transportation ($1.27B), Other business services ($964M), and Computer and information services ($627M) 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.

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

Services Exports from Norway (Flag) to Denmark (Flag) (2009)

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Norway (Flag) (2021)

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