2022
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GDP
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Denmark-Romania Trade: In 2022, Denmark exported $358M to Romania. The main products that Denmark exported to Romania were Packaged Medicaments ($136M), Pig Meat ($17.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.7M). Over the past 5 years the exports of Denmark to Romania have increased at an annualized rate of 39.8%, from $67.1M in 2017 to $358M in 2022.

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 Trade: In 2022, Romania exported $325M to Denmark. The main products that Romania exported to Denmark were Vacuum Cleaners ($27.9M), Cars ($23.5M), and Other Heating Machinery ($19.1M). Over the past 5 years the exports of Romania to Denmark have increased at an annualized rate of 76.2%,  from $19.2M in 2017 to $325M in 2022.

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 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $358M to Romania. The main products exported from Denmark to Romania were Packaged Medicaments ($136M), Pig Meat ($17.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.7M). During the last 5 years the exports of Denmark to Romania have increased at an annualized rate of 39.8%, from $67.1M in 2017 to $358M in 2022.

In 2017, Romania exported $325M to Denmark. The main products exported from Romania to Denmark were Vacuum Cleaners ($27.9M), Cars ($23.5M), and Other Heating Machinery ($19.1M). During the last 22 years the exports of Romania to Denmark have increased at an annualized rate of 76.2%, from $19.2M in 1995 to $325M in 2017.

Exports from Denmark (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and Romania (Flag)

Denmark Exports

Romania Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Romania
Top Destination
Germany$18.8B

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 2022, countries that imported more from Denmark than Romania included Sweden ($11.6B), United States ($13.1B), and Norway ($6.53B).

In 2022, countries that imported more from Romania than Denmark included Italy ($9.55B), Hungary ($6.75B), and Bulgaria ($3.9B).

Difference in imports from Romania (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - Romania

Flow
Scale

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

During 2022, Denmark had a large net trade with Romania in the exports of Chemical Products ($174M), Machines ($105M), and Animal Products ($73.5M).

During 2017, Romania had a large net trade with Denmark in the exports of Machines ($143M), Metals ($75.8M), and Textiles ($50.9M).

Service Trade

Bilateral Service Trade

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.

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

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

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Romania (Flag) (2022)

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