Flag Denmark / Norway Flag

2020
FlagFlag
Exports
: $5.72B, Rnk 7 / 217

2020
FlagFlag
Top Product
: $290M, Furniture and parts thereof, n.e.c. in chapter 94

2020
FlagFlag
Exports
: $3.38B, Rnk 8 / 197

2020
FlagFlag
Top Product
: $826M, Fish; fresh or chilled, excluding fish fillets and other fish meat of heading 0304

2020
Flag
Economic Complexity (ECI)
: ECI 0.97, Rnk 27 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.71, Rnk 36 / 127

2020
Flag  
GDP
: $356B, CURRENT US$
Rnk 34 / 195

2010-2020
Flag
GDP GROWTH
: 10.6%, CURRENT US$
Rnk 137 / 195

2020
Flag
 GDP
: $362B, CURRENT US$
Rnk 31 / 195

2010-2020
Flag
GDP GROWTH
: -15.5%, CURRENT US$
Rnk 182 / 195

2020
Flag
GDP PC 
: $61,063, CURRENT US$
Rnk 9 / 195

2010-2020
Flag
GDP PC GROWTH
: 5.21%, CURRENT US$
Rnk 118 / 195

2020
Flag
GDP PC
: $67,330, CURRENT US$
Rnk 7 / 195

2010-2020
Flag
GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 176 / 195

Denmark-Norway In 2020, Denmark exported $5.72B to Norway. The main products that Denmark exported to Norway are Furniture and parts thereof, n.e.c. in chapter 94 ($290M), Electric generating sets and rotary converters ($250M), and Fats and oils and their fractions of fish or marine mammals; whether or not refined, but not chemically modified ($189M). During the last 25 years the exports of Denmark to Norway have increased at an annualized rate of 2.96%, from $2.76B in 1995 to $5.72B in 2020.

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 2020, Norway exported $3.38B to Denmark . The main products that Norway exported to Denmark were Fish; fresh or chilled, excluding fish fillets and other fish meat of heading 0304 ($826M), Petroleum oils and oils obtained from bituminous minerals; crude ($410M), and Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils ($335M). During the last 25 years the exports of Norway to Denmark have increased at an annualized rate of 1.78%, from $2.18B in 1995 to $3.38B in 2020.

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 2020,  Denmark ranked 27 in the Economic Complexity Index (ECI 0.97), and 35 in total exports ($102B). That same year, Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Denmark exported $5.72B to Norway. The main products exported from Denmark to Norway were Furniture and parts thereof, n.e.c. in chapter 94 ($290M), Electric generating sets and rotary converters ($250M), and Fats and oils and their fractions of fish or marine mammals; whether or not refined, but not chemically modified ($189M). During the last 25 years the exports of Denmark to Norway have increased at an annualized rate of 2.96%, from $2.76B in 1995 to $5.72B in 2020.

In 2020, Norway exported $3.38B to Denmark. The main products exported from Norway to Denmark were Fish; fresh or chilled, excluding fish fillets and other fish meat of heading 0304 ($826M), Petroleum oils and oils obtained from bituminous minerals; crude ($410M), and Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils ($335M). During the last 25 years the exports of Norway to Denmark have increased at an annualized rate of 1.78%, from $2.18B in 1995 to $3.38B in 2020.

Denmark Exports

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Norway Exports

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Market Competitiveness

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Measure

Denmark
Top Destination
: Germany, $13.7B

Norway
Top Destination
: United Kingdom, $14B

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), Germany ($13.7B), and Poland ($3.77B).

In 2019, countries that imported more from Norway than Denmark were United Kingdom ($14B), Netherlands ($8.09B), and Belgium ($2.96B).

Comparative Advantage Denmark - Norway

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Flow

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

During 2020, Denmark had a large net trade with Norway in the exports of Machines ($1.56B), Metals ($540M), and Miscellaneous ($536M).

During 2020, Norway had a large net trade with Denmark in the exports of Animal Products ($959M), Mineral Products ($946M), and Metals ($361M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.