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2023
Flag → Flag
Exports $734MRnk 28 / 217
2023
Flag → Flag
Top Product $229MElectric Generating Sets
2023
Flag → Flag
Exports $557MRnk 44 / 212
2023
Flag → Flag
Top Product $71.1MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-Chinese Taipei Trade: In 2023, Denmark exported $734M to Chinese Taipei. The main products that Denmark exported to Chinese Taipei were Electric Generating Sets ($229M), Packaged Medicaments ($110M), and Pig Meat ($31.8M). Over the past 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 16.6%, from $340M in 2018 to $734M in 2023.

In 2023, Denmark did not export any services to Chinese Taipei.

Chinese Taipei-Denmark Trade: In 2023, Chinese Taipei exported $557M to Denmark. The main products that Chinese Taipei exported to Denmark were Passenger and Cargo Ships ($71.1M), Broadcasting Equipment ($36.7M), and Iron Fasteners ($23.5M). Over the past 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 2.04%,  from $455M in 2018 to $557M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $734M to Chinese Taipei. The main products exported from Denmark to Chinese Taipei were Electric Generating Sets ($229M), Packaged Medicaments ($110M), and Pig Meat ($31.8M). During the last 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 16.6%, from $340M in 2018 to $734M in 2023.

In 2018, Chinese Taipei exported $557M to Denmark. The main products exported from Chinese Taipei to Denmark were Passenger and Cargo Ships ($71.1M), Broadcasting Equipment ($36.7M), and Iron Fasteners ($23.5M). During the last 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 2.04%, from $455M in 2023 to $557M in 2018.

Exports from Denmark (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Denmark (Flag) (2023)

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Denmark than Chinese Taipei included Sweden ($11.2B), Norway ($4.75B), and Poland ($4.6B).

In 2023, countries that imported more from Chinese Taipei than Denmark included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Chinese Taipei

Flow
Scale

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

During 2023, Denmark had a large net trade with Chinese Taipei in the exports of N/A.

During 2018, Chinese Taipei had a large net trade with Denmark in the exports of Machines ($207M), Transportation ($132M), and Metals ($106M).

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Chinese Taipei (Flag) (2023)

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