Luxembourg (LUX) and Denmark (DNK) Trade | The Observatory of Economic Complexity

About

Luxembourg-Denmark Trade: In 2022, Luxembourg exported $240M to Denmark. The main products that Luxembourg exported to Denmark were Iron Sheet Piling ($37M), Iron Blocks ($25.2M), and Rapeseed Oil ($23.4M). Over the past 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 7.03%, from $171M in 2017 to $240M in 2022.

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) being the largest in terms of value.

Denmark-Luxembourg Trade: In 2022, Denmark exported $130M to Luxembourg. The main products that Denmark exported to Luxembourg were Stearic Acid ($15.7M), Cars ($11.3M), and Scrap Aluminium ($8.61M). Over the past 5 years the exports of Denmark to Luxembourg have increased at an annualized rate of 12.8%, from $71.3M in 2017 to $130M in 2022.

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

Comparison In 2022, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Luxembourg exported $240M to Denmark. The main products exported from Luxembourg to Denmark were Iron Sheet Piling ($37M), Iron Blocks ($25.2M), and Rapeseed Oil ($23.4M). During the last 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 7.03%, from $171M in 2017 to $240M in 2022.

In 2017, Denmark exported $130M to Luxembourg. The main products exported from Denmark to Luxembourg were Stearic Acid ($15.7M), Cars ($11.3M), and Scrap Aluminium ($8.61M). During the last 5 years the exports of Denmark to Luxembourg have increased at an annualized rate of 12.8%, from $71.3M in 2022 to $130M in 2017.

Exports from Luxembourg () to Denmark () (2022)

Exports from Denmark () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Denmark ()

Luxembourg Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Luxembourg
Top DestinationGermany$4.15B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Luxembourg than Denmark included Hong Kong ($628M), Oman ($263M), and North Macedonia ($55.8M).

In 2022, countries that imported more from Denmark than Luxembourg included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Luxembourg had a large net trade with Denmark in the exports of Metals ($99.5M), Animal and Vegetable Bi-Products ($27.2M), and Plastics and Rubbers ($26.1M).

During 2017, Denmark had a large net trade with Luxembourg in the exports of Machines ($29.6M), Metals ($19.1M), and Transportation ($18.6M).

Potential Exports

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Bilateral Service Trade

Dnk Year

Lux Year

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) being the largest in terms of value.

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg () to Denmark () (2020)

Services Exports from Denmark () to Luxembourg () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Luxembourg () to Denmark () (2022)

Exports from Denmark () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Denmark ()

Luxembourg Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Denmark

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Luxembourg () to Denmark () (2020)

Services Exports from Denmark () to Luxembourg () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Luxembourg () and Denmark () (2022)

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