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2023
Flag → Flag
Exports $48.2MRnk 91 / 217
2023
Flag → Flag
Top Product $7.49MSoybean Meal
2023
Flag → Flag
Exports $15.9MRnk 46 / 132
2023
Flag → Flag
Top Product $15.6MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
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GDP PC$2,850CURRENT US$
Rnk 144 / 196
2013-2023
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GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

Denmark-Uzbekistan Trade: In 2023, Denmark exported $48.2M to Uzbekistan. The main products that Denmark exported to Uzbekistan were Soybean Meal ($7.49M), Orthopedic Appliances ($6.3M), and Reaction and Catalytic Products ($3.36M). Over the past 5 years the exports of Denmark to Uzbekistan have increased at an annualized rate of 17.7%, from $21.4M in 2018 to $48.2M in 2023.

In 2023, Denmark did not export any services to Uzbekistan.

Uzbekistan-Denmark Trade: In 2023, Uzbekistan exported $15.9M to Denmark. The main products that Uzbekistan exported to Denmark were Refined Petroleum ($15.6M), Stranded Copper Wire ($321k), and Medical Instruments ($30.7k). Over the past 5 years the exports of Uzbekistan to Denmark have increased at an annualized rate of 256%,  from $27.7k in 2018 to $15.9M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $48.2M to Uzbekistan. The main products exported from Denmark to Uzbekistan were Soybean Meal ($7.49M), Orthopedic Appliances ($6.3M), and Reaction and Catalytic Products ($3.36M). During the last 5 years the exports of Denmark to Uzbekistan have increased at an annualized rate of 17.7%, from $21.4M in 2018 to $48.2M in 2023.

In 2018, Uzbekistan exported $15.9M to Denmark. The main products exported from Uzbekistan to Denmark were Refined Petroleum ($15.6M), Stranded Copper Wire ($321k), and Medical Instruments ($30.7k). During the last 5 years the exports of Uzbekistan to Denmark have increased at an annualized rate of 256%, from $27.7k in 2023 to $15.9M in 2018.

Exports from Denmark (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Uzbekistan (Flag)

Denmark Exports

Uzbekistan Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from Denmark than Uzbekistan included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Uzbekistan than Denmark included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

Difference in imports from Uzbekistan (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Uzbekistan

Flow
Scale

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

During 2023, Denmark had a large net trade with Uzbekistan in the exports of Chemical Products ($13.8M), Foodstuffs ($7.98M), and Instruments ($7.94M).

During 2018, Uzbekistan had a large net trade with Denmark in the exports of Mineral Products ($15.6M), Metals ($321k), and Instruments ($32.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Uzbekistan+$1.88MComputers
Top Product Potential Uzbekistan Denmark+$183kPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Uzbekistan (Flag) (2023)

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