2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 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 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 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

Turkey-Denmark Trade: In 2023, Turkey exported $1.41B to Denmark. The main products that Turkey exported to Denmark were Fishing Ships ($116M), Non-Knit Men's Suits ($107M), and Delivery Trucks ($101M). Over the past 5 years the exports of Turkey to Denmark have increased at an annualized rate of 3.58%, from $1.18B in 2018 to $1.41B in 2023.

In 2009, Turkey exported services to Denmark worth $202M, with Travel ($198M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

Denmark-Turkey Trade: In 2023, Denmark exported $1.22B to Turkey. The main products that Denmark exported to Turkey were Scrap Iron ($382M), Enzymes ($81.9M), and Packaged Medicaments ($61.9M). Over the past 5 years the exports of Denmark to Turkey have increased at an annualized rate of 6.61%,  from $888M in 2018 to $1.22B in 2023.

In 2020, Denmark exported services to Turkey worth $777M, with Transportation ($647M), Financial services ($30.6M), and Other business services ($27.9M) being the largest in terms of value.

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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, Turkey exported $1.41B to Denmark. The main products exported from Turkey to Denmark were Fishing Ships ($116M), Non-Knit Men's Suits ($107M), and Delivery Trucks ($101M). During the last 5 years the exports of Turkey to Denmark have increased at an annualized rate of 3.58%, from $1.18B in 2018 to $1.41B in 2023.

In 2018, Denmark exported $1.22B to Turkey. The main products exported from Denmark to Turkey were Scrap Iron ($382M), Enzymes ($81.9M), and Packaged Medicaments ($61.9M). During the last 5 years the exports of Denmark to Turkey have increased at an annualized rate of 6.61%, from $888M in 2023 to $1.22B in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Denmark (Flag)

Turkey Exports

Denmark Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Denmark
Top Destination
Germany$14.8B

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

In 2023, countries that imported more from Turkey than Denmark included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

In 2023, countries that imported more from Denmark than Turkey included Sweden ($11.2B), Norway ($4.75B), and China ($5.91B).

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

Comparative Advantage Turkey - Denmark

Flow
Scale

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

During 2023, Turkey had a large net trade with Denmark in the exports of Textiles ($415M), Transportation ($347M), and Machines ($254M).

During 2018, Denmark had a large net trade with Turkey in the exports of Metals ($415M), Machines ($268M), and Chemical Products ($262M).

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Denmark worth $202M, with Travel ($198M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Denmark exported services to Turkey worth $777M, with Transportation ($647M), Financial services ($30.6M), and Other business services ($27.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Denmark (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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