Flag Denmark / Romania Flag

2020
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Exports
: $454M, Rnk 35 / 217

2020
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Top Product
: $82.2M, Packaged Medicaments

2020
FlagFlag
Exports
: $360M, Rnk 33 / 194

2020
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Top Product
: $20.6M, Cars

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

2020
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Economic Complexity (ECI)
: ECI 1.01, Rnk 26 / 127

2020
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GDP
: $356B, CURRENT US$
Rnk 35 / 204

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 140 / 204

2020
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 GDP
: $250B, CURRENT US$
Rnk 45 / 204

2010-2020
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GDP GROWTH
: 50%, CURRENT US$
Rnk 57 / 204

2020
Flag
GDP PC 
: $61,063, CURRENT US$
Rnk 10 / 204

2010-2020
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GDP PC GROWTH
: 5.21%, CURRENT US$
Rnk 122 / 204

2020
Flag
GDP PC
: $12,957, CURRENT US$
Rnk 70 / 204

2010-2020
Flag
GDP PC GROWTH
: 57.7%, CURRENT US$
Rnk 24 / 204

Denmark-Romania In 2020, Denmark exported $454M to Romania. The main products that Denmark exported to Romania are Packaged Medicaments ($82.2M), Pig Meat ($20.1M), and Reaction and Catalytic Products ($14.9M). During the last 25 years the exports of Denmark to Romania have increased at an annualized rate of 7.96%, from $66.9M in 1995 to $454M in 2020.

In 2020, Denmark exported services to Romania worth $194M, with Transportation ($74.5M), Travel ($69.4M), and Other business services ($15.3M) being the largest in terms of value.

Romania-Denmark In 2020, Romania exported $360M to Denmark. The main products that Romania exported to Denmark were Cars ($20.6M), Ball Bearings ($20.3M), and Thermostats ($20.1M). During the last 25 years the exports of Romania to Denmark have increased at an annualized rate of 12.5%, from $19.1M in 1995 to $360M in 2020.

In 2020, Romania exported services to Denmark worth $361M, with Transportation ($229M), Computer and information services ($62.2M), and Other business services ($42.7M) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.01), and 41 in total exports ($73B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Denmark exported $454M to Romania. The main products exported from Denmark to Romania were Packaged Medicaments ($82.2M), Pig Meat ($20.1M), and Reaction and Catalytic Products ($14.9M). During the last 25 years the exports of Denmark to Romania have increased at an annualized rate of 7.96%, from $66.9M in 1995 to $454M in 2020.

In 2020, Romania exported $360M to Denmark. The main products exported from Romania to Denmark were Cars ($20.6M), Ball Bearings ($20.3M), and Thermostats ($20.1M). During the last 25 years the exports of Romania to Denmark have increased at an annualized rate of 12.5%, from $19.1M in 1995 to $360M in 2020.

Denmark Exports

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Romania Exports

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Market Competitiveness

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Measure

Denmark
Top Destination
: Germany, $13.7B

Romania
Top Destination
: Germany, $15.9B

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

In 2019, countries that imported more from Denmark than Romania were United States ($11.3B), Sweden ($9.45B), and Norway ($5.72B).

In 2019, countries that imported more from Romania than Denmark were Italy ($7.45B), Hungary ($3.24B), and Bulgaria ($2.59B).

Comparative Advantage Denmark - Romania

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Flow

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

During 2020, Denmark had a large net trade with Romania in the exports of Chemical Products ($137M), Machines ($97.5M), and Animal Products ($65.3M).

During 2020, Romania had a large net trade with Denmark in the exports of Machines ($101M), Textiles ($46.2M), and Metals ($45M).

Bilateral Service Trade

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In 2020, Denmark exported services to Romania worth $194M, with Transportation ($74.5M), Travel ($69.4M), and Other business services ($15.3M) being the largest in terms of value.

In 2020, Romania exported services to Denmark worth $361M, with Transportation ($229M), Computer and information services ($62.2M), and Other business services ($42.7M) 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 Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Denmark.