Flag Sweden / Denmark Flag

2020
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Exports
: $11.6B, Rnk 4 / 216

2020
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Top Product
: $1.21B, Broadcasting Equipment

2020
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Exports
: $9.45B, Rnk 3 / 217

2020
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Top Product
: $539M, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 1.59, Rnk 7 / 127

2020
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Economic Complexity (ECI)
: ECI 0.97, Rnk 27 / 127

2020
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GDP
: $541B, CURRENT US$
Rnk 22 / 195

2010-2020
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GDP GROWTH
: 9.16%, CURRENT US$
Rnk 142 / 195

2020
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 GDP
: $356B, CURRENT US$
Rnk 34 / 195

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 137 / 195

2020
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GDP PC 
: $52,274, CURRENT US$
Rnk 13 / 195

2010-2020
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GDP PC GROWTH
: -1.12%, CURRENT US$
Rnk 144 / 195

2020
Flag
GDP PC
: $61,063, CURRENT US$
Rnk 9 / 195

2010-2020
Flag
GDP PC GROWTH
: 5.21%, CURRENT US$
Rnk 118 / 195

Sweden-Denmark In 2020, Sweden exported $11.6B to Denmark. The main products that Sweden exported to Denmark are Broadcasting Equipment ($1.21B), Cars ($847M), and Computers ($495M). During the last 25 years the exports of Sweden to Denmark have increased at an annualized rate of 3.39%, from $5.06B in 1995 to $11.6B in 2020.

In 2019, Sweden exported services to Denmark worth $435M, with Other business services ($111M), Transportation ($106M), and Travel ($89.2M) being the largest in terms of value.

Denmark-Sweden In 2020, Denmark exported $9.45B to Sweden. The main products that Denmark exported to Sweden were Refined Petroleum ($539M), Packaged Medicaments ($418M), and Computers ($233M). During the last 25 years the exports of Denmark to Sweden have increased at an annualized rate of 3.02%, from $4.49B in 1995 to $9.45B in 2020.

In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) being the largest in terms of value.

Comparison In 2020,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.59), and 32 in total exports ($152B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 0.97), and 35 in total exports ($102B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Sweden exported $11.6B to Denmark. The main products exported from Sweden to Denmark were Broadcasting Equipment ($1.21B), Cars ($847M), and Computers ($495M). During the last 25 years the exports of Sweden to Denmark have increased at an annualized rate of 3.39%, from $5.06B in 1995 to $11.6B in 2020.

In 2020, Denmark exported $9.45B to Sweden. The main products exported from Denmark to Sweden were Refined Petroleum ($539M), Packaged Medicaments ($418M), and Computers ($233M). During the last 25 years the exports of Denmark to Sweden have increased at an annualized rate of 3.02%, from $4.49B in 1995 to $9.45B in 2020.

Market Competitiveness

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Measure

Sweden
Top Destination
: Germany, $15.9B

Denmark
Top Destination
: Germany, $13.7B

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

In 2019, countries that imported more from Sweden than Denmark were Norway ($14.2B), Finland ($9.44B), and Belgium ($5.43B).

In 2019, countries that imported more from Denmark than Sweden were Greenland ($548M), Iceland ($565M), and Ireland ($780M).

Comparative Advantage Sweden - Denmark

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Flow

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

During 2020, Sweden had a large net trade with Denmark in the exports of Machines ($4.07B), Transportation ($1.23B), and Metals ($829M).

During 2020, Denmark had a large net trade with Sweden in the exports of Machines ($1.98B), Chemical Products ($1.25B), and Mineral Products ($853M).

Bilateral Service Trade

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In 2019, Sweden exported services to Denmark worth $435M, with Other business services ($111M), Transportation ($106M), and Travel ($89.2M) being the largest in terms of value.

In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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