Portugal (PRT) and Denmark (DNK) Trade | OEC - The Observatory of Economic Complexity

About

Portugal-Denmark In 2021, Portugal exported $623M to Denmark. The main products that Portugal exported to Denmark are Leather Footwear ($100M), Hormones ($96M), and Cars ($41.5M). During the last 26 years the exports of Portugal to Denmark have increased at an annualized rate of 0.71%, from $518M in 1995 to $623M in 2021.

In 2020, Portugal exported services to Denmark worth $43.4M, with Travel ($43.4M) being the largest in terms of value.

Denmark-Portugal In 2021, Denmark exported $535M to Portugal. The main products that Denmark exported to Portugal were Unpackaged Medicaments ($90.1M), Packaged Medicaments ($52.5M), and Non-fillet Fresh Fish ($33.1M). During the last 26 years the exports of Denmark to Portugal have increased at an annualized rate of 1.57%, from $357M in 1995 to $535M in 2021.

In 2020, Denmark exported services to Portugal worth $192M, with Transportation ($116M), Other business services ($23.4M), and Communications services ($11M) being the largest in terms of value.

Comparison In 2021, Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.02), and 37 in total exports ($120B).

Latest Trends

#

May, 2023

About

#

Overview In May 2023, Portugal exported €40.5M and imported €33.7M from Denmark, resulting in a positive trade balance of €6.82M. Between May 2022 and May 2023 the exports of Portugal have decreased by €-14.4M (-26.2%) from €54.9M to €40.5M, while imports increased by €447k (1.34%) from €33.2M to €33.7M.

Trade In May 2023, the top exports of Portugal to Denmark were Organic chemicals (€14.1M), Footwear (€8.19M), Knitted clothing accesories (€5.34M), Cars, tractors, trucks & parts thereof. (€4.1M), and Wood, wood articles, & charcoal (€2.64M). In May 2023 the top imports of Portugal from Denmark were Fish, crustaceans, & molluscs (€4.84M), Pharmaceutical products (€2.56M), Machinery, mechanical appliances, & parts (€1.75M), Iron & steel (€1.68M), and Electrical machinery and electronics (€1.46M).

Growth In May 2023, the decrease in Portugal's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Pharmaceutical products (€-2.54M or -77.9%), Cars, tractors, trucks & parts thereof. (€-1.56M or -27.6%), and Non-knitted clothing accesories (€-772k or -24.7%). In May 2023, the increase in Portugal's year-by-year imports from Denmark was explained primarily by an increase in product imports in Iron & steel (€1.39M or 480%), Fish, crustaceans, & molluscs (€1.13M or 30.4%), and Animal originated products, n.e.s. (€429k or 55.4%).

Latest Trade

#

Flow

Time Scale

Value

EXPORT GROWTH (May 2022 - May 2023): €-14.4M, (-26.2%)

IMPORT GROWTH (May 2022 - May 2023): €447k, (1.34%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Denmark and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Portugal Data

Go to Bulk Download

Historical Data

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2021, Portugal exported $623M to Denmark. The main products exported from Portugal to Denmark were Leather Footwear ($100M), Hormones ($96M), and Cars ($41.5M). During the last 26 years the exports of Portugal to Denmark have increased at an annualized rate of 0.71%, from $518M in 1995 to $623M in 2021.

In 2021, Denmark exported $535M to Portugal. The main products exported from Denmark to Portugal were Unpackaged Medicaments ($90.1M), Packaged Medicaments ($52.5M), and Non-fillet Fresh Fish ($33.1M). During the last 26 years the exports of Denmark to Portugal have increased at an annualized rate of 1.57%, from $357M in 1995 to $535M in 2021.

Market Competitiveness

#

Color

SectionYear

Portugal
Top Destination: Spain, $19.3B

Denmark
Top Destination: Germany, $16.3B

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

In 2021, countries that imported more from Portugal than Denmark were Spain ($19.3B), France ($9.33B), and Angola ($1.19B).

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

Comparative Advantage Portugal - Denmark

#

Flow

Scale

Year

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

During 2021, Portugal had a large net trade with Denmark in the exports of Chemical Products ($136M), Textiles ($114M), and Footwear and Headwear ($109M).

During 2021, Denmark had a large net trade with Portugal in the exports of Chemical Products ($170M), Animal Products ($107M), and Machines ($92.2M).

Service Trade

#

Bilateral Service Trade

#

Dnk YearPrt Year

In 2020, Portugal exported services to Denmark worth $43.4M, with Travel ($43.4M) being the largest in terms of value.

In 2020, Denmark exported services to Portugal worth $192M, with Transportation ($116M), Other business services ($23.4M), and Communications services ($11M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#

Competitive Landscape

#

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Portugal - Denmark

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

Related Profiles