Flag Denmark / Sweden Flag

2021
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Exports
: $11.9B, Rnk 3 / 215

2021
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Top Product
: $1.01B, Refined Petroleum

2021
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Exports
: $14.5B, Rnk 4 / 219

2021
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Top Product
: $1.25B, Broadcasting Equipment

2021
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Economic Complexity (ECI)
: ECI 1.02, Rnk 27 / 131

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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GDP
: $397B, CURRENT US$
Rnk 34 / 182

2011-2021
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GDP GROWTH
: 15.4%, CURRENT US$
Rnk 115 / 182

2021
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 GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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GDP PC 
: $67,803, CURRENT US$
Rnk 9 / 182

2011-2021
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GDP PC GROWTH
: 9.8%, CURRENT US$
Rnk 102 / 182

2021
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GDP PC
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

Denmark-Sweden In 2021, Denmark exported $11.9B to Sweden. The main products that Denmark exported to Sweden are Refined Petroleum ($1.01B), Packaged Medicaments ($536M), and Petroleum Gas ($336M). During the last 26 years the exports of Denmark to Sweden have increased at an annualized rate of 3.8%, from $4.51B in 1995 to $11.9B in 2021.

In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) being the largest in terms of value.

Sweden-Denmark In 2021, Sweden exported $14.5B to Denmark. The main products that Sweden exported to Denmark were Broadcasting Equipment ($1.25B), Cars ($1.07B), and Refined Petroleum ($689M). During the last 26 years the exports of Sweden to Denmark have increased at an annualized rate of 4.14%, from $5.06B in 1995 to $14.5B in 2021.

In 2020, Sweden exported services to Denmark worth $4.04B, with Other business services ($1.12B), Transportation ($725M), and Computer and information services ($571M) 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, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Denmark exported $11.9B to Sweden. The main products exported from Denmark to Sweden were Refined Petroleum ($1.01B), Packaged Medicaments ($536M), and Petroleum Gas ($336M). During the last 26 years the exports of Denmark to Sweden have increased at an annualized rate of 3.8%, from $4.51B in 1995 to $11.9B in 2021.

In 2021, Sweden exported $14.5B to Denmark. The main products exported from Sweden to Denmark were Broadcasting Equipment ($1.25B), Cars ($1.07B), and Refined Petroleum ($689M). During the last 26 years the exports of Sweden to Denmark have increased at an annualized rate of 4.14%, from $5.06B in 1995 to $14.5B in 2021.

Denmark Exports

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Sweden Exports

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Market Competitiveness

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Color

Denmark
Top Destination
: Germany, $16.3B

Sweden
Top Destination
: Germany, $19.1B

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

In 2021, countries that imported more from Denmark than Sweden were Greenland ($594M), Chinese Taipei ($1.15B), and Iceland ($749M).

In 2021, countries that imported more from Sweden than Denmark were Norway ($17.4B), Finland ($11.9B), and Belgium ($7.08B).

Comparative Advantage Denmark - Sweden

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Flow
Scale

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

During 2021, Denmark had a large net trade with Sweden in the exports of Machines ($2.5B), Mineral Products ($1.59B), and Chemical Products ($1.59B).

During 2021, Sweden had a large net trade with Denmark in the exports of Machines ($4.58B), Transportation ($1.65B), and Mineral Products ($1.53B).

Bilateral Service Trade

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In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) being the largest in terms of value.

In 2020, Sweden exported services to Denmark worth $4.04B, with Other business services ($1.12B), Transportation ($725M), and Computer and information services ($571M) 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 Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Denmark.