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2022
Flag → Flag
Exports $986MRnk 23 / 218
2022
Flag → Flag
Top Product $227MElectric Generating Sets
2022
Flag → Flag
Exports $661MRnk 43 / 210
2022
Flag → Flag
Top Product $58.9MIron Fasteners
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-Chinese Taipei Trade: In 2022, Denmark exported $986M to Chinese Taipei. The main products that Denmark exported to Chinese Taipei were Electric Generating Sets ($227M), Other Engines ($141M), and Packaged Medicaments ($93M). Over the past 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 21.5%, from $372M in 2017 to $986M in 2022.

In 2022, Denmark did not export any services to Chinese Taipei.

Chinese Taipei-Denmark Trade: In 2022, Chinese Taipei exported $661M to Denmark. The main products that Chinese Taipei exported to Denmark were Iron Fasteners ($58.9M), Bi-Wheel Vehicle Parts ($50M), and Large Flat-Rolled Stainless Steel ($41.1M). Over the past 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 8.22%,  from $411M in 2017 to $661M in 2022.

In 2022, Chinese Taipei did not export any services to Denmark.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $986M to Chinese Taipei. The main products exported from Denmark to Chinese Taipei were Electric Generating Sets ($227M), Other Engines ($141M), and Packaged Medicaments ($93M). During the last 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 21.5%, from $372M in 2017 to $986M in 2022.

In 2017, Chinese Taipei exported $661M to Denmark. The main products exported from Chinese Taipei to Denmark were Iron Fasteners ($58.9M), Bi-Wheel Vehicle Parts ($50M), and Large Flat-Rolled Stainless Steel ($41.1M). During the last 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 8.22%, from $411M in 2022 to $661M in 2017.

Exports from Denmark (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Denmark (Flag) (2022)

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Chinese Taipei
Top DestinationChina$121B

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 2022, countries that imported more from Denmark than Chinese Taipei included Sweden ($11.6B), Germany ($18.9B), and Norway ($6.53B).

In 2022, countries that imported more from Chinese Taipei than Denmark included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Denmark (Flag) (2022)

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 2022, Denmark had a large net trade with Chinese Taipei in the exports of Machines ($568M), Chemical Products ($135M), and Animal Products ($111M).

During 2017, Chinese Taipei had a large net trade with Denmark in the exports of Machines ($213M), Metals ($197M), and Transportation ($93.7M).

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) (2022)

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