Flag Greece / Denmark Flag

2021
FlagFlag
Exports
: $570M, Rnk 34 / 212

2021
FlagFlag
Top Product
: $76.1M, Passenger and Cargo Ships

2021
FlagFlag
Exports
: $839M, Rnk 27 / 215

2021
FlagFlag
Top Product
: $133M, Packaged Medicaments

2021
Flag
Economic Complexity (ECI)
: ECI 0.32, Rnk 50 / 131

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

2021
Flag  
GDP
: $216B, CURRENT US$
Rnk 49 / 182

2011-2021
Flag
GDP GROWTH
: -23.6%, CURRENT US$
Rnk 174 / 182

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

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

2021
Flag
GDP PC 
: $20,277, CURRENT US$
Rnk 44 / 182

2011-2021
Flag
GDP PC GROWTH
: -20.4%, CURRENT US$
Rnk 163 / 182

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

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

Greece-Denmark In 2021, Greece exported $570M to Denmark. The main products that Greece exported to Denmark are Passenger and Cargo Ships ($76.1M), Other Small Iron Pipes ($50.8M), and Packaged Medicaments ($44.2M). During the last 26 years the exports of Greece to Denmark have increased at an annualized rate of 7.37%, from $89.7M in 1995 to $570M in 2021.

In 2020, Greece exported services to Denmark worth $282M, with Transportation ($173M), Travel ($66.2M), and Other business services ($23.2M) being the largest in terms of value.

Denmark-Greece In 2021, Denmark exported $839M to Greece. The main products that Denmark exported to Greece were Packaged Medicaments ($133M), Other Edible Preparations ($72.3M), and Electric Generating Sets ($57.1M). During the last 26 years the exports of Denmark to Greece have increased at an annualized rate of 3.21%, from $369M in 1995 to $839M in 2021.

In 2011, Denmark exported services to Greece worth $320M, with Transportation ($260M), Other business services ($26.6M), and Travel ($12M) being the largest in terms of value.

Comparison In 2021,  Greece ranked 50 in the Economic Complexity Index (ECI 0.32), and 44 in total exports ($82B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.02), and 37 in total exports ($120B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Greece exported $570M to Denmark. The main products exported from Greece to Denmark were Passenger and Cargo Ships ($76.1M), Other Small Iron Pipes ($50.8M), and Packaged Medicaments ($44.2M). During the last 26 years the exports of Greece to Denmark have increased at an annualized rate of 7.37%, from $89.7M in 1995 to $570M in 2021.

In 2021, Denmark exported $839M to Greece. The main products exported from Denmark to Greece were Packaged Medicaments ($133M), Other Edible Preparations ($72.3M), and Electric Generating Sets ($57.1M). During the last 26 years the exports of Denmark to Greece have increased at an annualized rate of 3.21%, from $369M in 1995 to $839M in 2021.

Greece Exports

#permalink to section

Denmark Exports

#permalink to section

Market Competitiveness

#permalink to section
Color

Greece
Top Destination
: Italy, $6.8B

Denmark
Top Destination
: Germany, $16.3B

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

In 2021, countries that imported more from Greece than Denmark were Cyprus ($4.47B), Italy ($6.8B), and Turkey ($4.44B).

In 2021, countries that imported more from Denmark than Greece were Sweden ($11.9B), Germany ($16.3B), and United States ($12.5B).

Comparative Advantage Greece - Denmark

#permalink to section
Flow
Scale

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

During 2021, Greece had a large net trade with Denmark in the exports of Metals ($177M), Transportation ($80.7M), and Chemical Products ($63.1M).

During 2021, Denmark had a large net trade with Greece in the exports of Chemical Products ($221M), Foodstuffs ($156M), and Animal Products ($154M).

Bilateral Service Trade

#permalink to section

In 2020, Greece exported services to Denmark worth $282M, with Transportation ($173M), Travel ($66.2M), and Other business services ($23.2M) being the largest in terms of value.

In 2011, Denmark exported services to Greece worth $320M, with Transportation ($260M), Other business services ($26.6M), and Travel ($12M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 Greece has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Greece.