2023
Flag  
GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 195
2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$23,401CURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Greece-Denmark Trade: In 2023, Greece exported $179M to Denmark. The main products that Greece exported to Denmark were Aluminium Plating ($24.6M), Cheese ($15.5M), and Fermented Milk Products ($7.81M). Over the past 5 years the exports of Greece to Denmark have decreased at an annualized rate of 2.4%, from $202M in 2018 to $179M in 2023.

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 Trade: In 2023, Denmark exported $628M to Greece. The main products that Denmark exported to Greece were Electric Generating Sets ($71.8M), Pig Meat ($55.5M), and Packaged Medicaments ($48.8M). Over the past 5 years the exports of Denmark to Greece have decreased at an annualized rate of 0.044%,  from $631M in 2018 to $628M in 2023.

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 2023,  Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greece exported $179M to Denmark. The main products exported from Greece to Denmark were Aluminium Plating ($24.6M), Cheese ($15.5M), and Fermented Milk Products ($7.81M). During the last 5 years the exports of Greece to Denmark have decreased at an annualized rate of 2.4%, from $202M in 2018 to $179M in 2023.

In 2018, Denmark exported $628M to Greece. The main products exported from Denmark to Greece were Electric Generating Sets ($71.8M), Pig Meat ($55.5M), and Packaged Medicaments ($48.8M). During the last 5 years the exports of Denmark to Greece have decreased at an annualized rate of 0.044%, from $631M in 2023 to $628M in 2018.

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

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

Latest Data

Trade between Greece (Flag) and Denmark (Flag)

Greece Exports

Denmark Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$6.21B
Denmark
Top Destination
Germany$14.8B

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 2023, countries that imported more from Greece than Denmark included Cyprus ($3.03B), Italy ($6.21B), and Bulgaria ($2.38B).

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

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

Comparative Advantage Greece - Denmark

Flow
Scale

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

During 2023, Greece had a large net trade with Denmark in the exports of Metals ($41M), Animal Products ($25.4M), and Machines ($22.9M).

During 2018, Denmark had a large net trade with Greece in the exports of Animal Products ($175M), Machines ($133M), and Chemical Products ($93.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Denmark+$15MRefined Petroleum
Top Product Potential Denmark Greece+$33.5MPackaged 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 Greece and Denmark. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Greece.

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

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