2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Denmark-Qatar Trade: In 2023, Denmark exported $139M to Qatar. The main products that Denmark exported to Qatar were Packaged Medicaments ($27M), Cheese ($14.1M), and Butter ($9.36M). Over the past 5 years the exports of Denmark to Qatar have increased at an annualized rate of 0.52%, from $136M in 2018 to $139M in 2023.

In 2023, Denmark did not export any services to Qatar.

Qatar-Denmark Trade: In 2023, Qatar exported $43.2M to Denmark. The main products that Qatar exported to Denmark were Refined Petroleum ($34.9M), Hydrogen ($3.95M), and Jewellery ($1.46M). Over the past 5 years the exports of Qatar to Denmark have decreased at an annualized rate of 9.19%,  from $202M in 2018 to $43.2M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $139M to Qatar. The main products exported from Denmark to Qatar were Packaged Medicaments ($27M), Cheese ($14.1M), and Butter ($9.36M). During the last 5 years the exports of Denmark to Qatar have increased at an annualized rate of 0.52%, from $136M in 2018 to $139M in 2023.

In 2018, Qatar exported $43.2M to Denmark. The main products exported from Qatar to Denmark were Refined Petroleum ($34.9M), Hydrogen ($3.95M), and Jewellery ($1.46M). During the last 5 years the exports of Qatar to Denmark have decreased at an annualized rate of 9.19%, from $202M in 2023 to $43.2M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Qatar (Flag)

Denmark Exports

Qatar Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Qatar
Top Destination
China$20.9B

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

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

In 2023, countries that imported more from Qatar than Denmark included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

Comparative Advantage Denmark - Qatar

Flow
Scale

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

During 2023, Denmark had a large net trade with Qatar in the exports of Chemical Products ($35.1M), Animal Products ($33.6M), and Machines ($24.4M).

During 2018, Qatar had a large net trade with Denmark in the exports of Mineral Products ($34.9M), Chemical Products ($4.04M), and Precious Metals ($1.46M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Qatar+$11.1MPackaged Medicaments
Top Product Potential Qatar Denmark+$22.7MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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