NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $408MRnk 53 / 216
2023
Flag → Flag
Top Product $49.9MJewellery
2023
Flag → Flag
Exports $488MRnk 38 / 217
2023
Flag → Flag
Top Product $144MRaw Furskins
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Thailand-Denmark Trade: In 2023, Thailand exported $408M to Denmark. The main products that Thailand exported to Denmark were Jewellery ($49.9M), Leather Footwear ($24M), and Printed Circuit Boards ($20.4M). Over the past 5 years the exports of Thailand to Denmark have decreased at an annualized rate of 0.6%, from $421M in 2018 to $408M in 2023.

In 2023, Thailand did not export any services to Denmark.

Denmark-Thailand Trade: In 2023, Denmark exported $488M to Thailand. The main products that Denmark exported to Thailand were Raw Furskins ($144M), Packaged Medicaments ($74.5M), and Enzymes ($20.6M). Over the past 5 years the exports of Denmark to Thailand have increased at an annualized rate of 2.36%,  from $434M in 2018 to $488M in 2023.

In 2020, Denmark exported services to Thailand worth $250M, with Transportation ($186M), Computer and information services ($17.7M), and Other business services ($12.6M) being the largest in terms of value.

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $408M to Denmark. The main products exported from Thailand to Denmark were Jewellery ($49.9M), Leather Footwear ($24M), and Printed Circuit Boards ($20.4M). During the last 5 years the exports of Thailand to Denmark have decreased at an annualized rate of 0.6%, from $421M in 2018 to $408M in 2023.

In 2018, Denmark exported $488M to Thailand. The main products exported from Denmark to Thailand were Raw Furskins ($144M), Packaged Medicaments ($74.5M), and Enzymes ($20.6M). During the last 5 years the exports of Denmark to Thailand have increased at an annualized rate of 2.36%, from $434M in 2023 to $488M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Denmark (Flag)

Thailand Exports

Denmark Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Thailand than Denmark included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Denmark than Thailand included Sweden ($11.2B), Germany ($14.8B), and Norway ($4.75B).

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

Comparative Advantage Thailand - Denmark

Flow
Scale

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

During 2023, Thailand had a large net trade with Denmark in the exports of Machines ($134M), Precious Metals ($52.6M), and Foodstuffs ($47.3M).

During 2018, Denmark had a large net trade with Thailand in the exports of Animal Hides ($144M), Chemical Products ($133M), and Machines ($86.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Denmark+$21.6MTelephones
Top Product Potential Denmark Thailand+$28.4MPackaged 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Denmark exported services to Thailand worth $250M, with Transportation ($186M), Computer and information services ($17.7M), and Other business services ($12.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Thailand (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms