2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Denmark-Zambia Trade: In 2023, Denmark exported $10.9M to Zambia. The main products that Denmark exported to Zambia were Refrigerators ($1.49M), Vaccines, blood, antisera, toxins and cultures ($1.29M), and Animal Meal and Pellets ($1.03M). Over the past 5 years the exports of Denmark to Zambia have decreased at an annualized rate of 18.9%, from $31.2M in 2018 to $10.9M in 2023.

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

Zambia-Denmark Trade: In 2023, Zambia exported $5.56M to Denmark. The main products that Zambia exported to Denmark were Raw Tobacco ($4.96M), Spark-Ignition Engines ($216k), and Gas Turbines ($213k). Over the past 5 years the exports of Zambia to Denmark have increased at an annualized rate of 29.1%,  from $1.55M in 2018 to $5.56M in 2023.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $10.9M to Zambia. The main products exported from Denmark to Zambia were Refrigerators ($1.49M), Vaccines, blood, antisera, toxins and cultures ($1.29M), and Animal Meal and Pellets ($1.03M). During the last 5 years the exports of Denmark to Zambia have decreased at an annualized rate of 18.9%, from $31.2M in 2018 to $10.9M in 2023.

In 2018, Zambia exported $5.56M to Denmark. The main products exported from Zambia to Denmark were Raw Tobacco ($4.96M), Spark-Ignition Engines ($216k), and Gas Turbines ($213k). During the last 5 years the exports of Zambia to Denmark have increased at an annualized rate of 29.1%, from $1.55M in 2023 to $5.56M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Zambia (Flag)

Denmark Exports

Zambia Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Zambia
Top Destination
Switzerland$4.26B

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

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

In 2023, countries that imported more from Zambia than Denmark included Switzerland ($4.26B), Democratic Republic of the Congo ($1.6B), and India ($2.11B).

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

Comparative Advantage Denmark - Zambia

Flow
Scale

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

During 2023, Denmark had a large net trade with Zambia in the exports of Machines ($4.37M), Chemical Products ($3.42M), and Foodstuffs ($1.08M).

During 2018, Zambia had a large net trade with Denmark in the exports of Foodstuffs ($4.96M), Machines ($430k), and Vegetable Products ($150k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Zambia+$1.82MPackaged Medicaments
Top Product Potential Zambia Denmark+$332kCoffee

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 Zambia. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Denmark.

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

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