2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP
$398BCURRENT US$
Rnk 36 / 204
2011-2021
Flag
GDP GROWTH
15.8%CURRENT US$
Rnk 125 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC
$68,008CURRENT US$
Rnk 13 / 204
2011-2021
Flag
GDP PC GROWTH
10.1%CURRENT US$
Rnk 115 / 204

About

United States-Denmark In 2021, United States exported $3.94B to Denmark. The main products that United States exported to Denmark are Crude Petroleum ($1.02B), Planes, Helicopters, and/or Spacecraft ($368M), and Vaccines, blood, antisera, toxins and cultures ($149M). During the last 26 years the exports of United States to Denmark have increased at an annualized rate of 3.28%, from $1.7B in 1995 to $3.94B in 2021.

In 2017, United States exported services to Denmark worth $7.1B, with Transportation ($2.29B), Other business services ($2.28B), and Travel ($1.08B) being the largest in terms of value.

Denmark-United States In 2021, Denmark exported $12.5B to United States. The main products that Denmark exported to United States were Packaged Medicaments ($6.27B), Vaccines, blood, antisera, toxins and cultures ($261M), and Enzymes ($229M). During the last 26 years the exports of Denmark to United States have increased at an annualized rate of 7.37%, from $1.97B in 1995 to $12.5B in 2021.

In 2020, Denmark exported services to United States worth $10.6B, with Transportation ($5.76B), Royalties and license fees ($2.56B), and Other business services ($912M) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.02), and 37 in total exports ($120B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $3.94B to Denmark. The main products exported from United States to Denmark were Crude Petroleum ($1.02B), Planes, Helicopters, and/or Spacecraft ($368M), and Vaccines, blood, antisera, toxins and cultures ($149M). During the last 26 years the exports of United States to Denmark have increased at an annualized rate of 3.28%, from $1.7B in 1995 to $3.94B in 2021.

In 2021, Denmark exported $12.5B to United States. The main products exported from Denmark to United States were Packaged Medicaments ($6.27B), Vaccines, blood, antisera, toxins and cultures ($261M), and Enzymes ($229M). During the last 26 years the exports of Denmark to United States have increased at an annualized rate of 7.37%, from $1.97B in 1995 to $12.5B in 2021.

Exports from United States (Flag) to Denmark (Flag) (2021)

Exports from Denmark (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Denmark
Top Destination
Germany$16.3B

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

In 2021, countries that imported more from United States than Denmark were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Denmark than United States were Sweden ($11.9B), Norway ($6.36B), and Greenland ($594M).

Difference in imports from Denmark (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Denmark

Flow
Scale

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

During 2021, United States had a large net trade with Denmark in the exports of Mineral Products ($1.19B), Chemical Products ($733M), and Machines ($601M).

During 2021, Denmark had a large net trade with United States in the exports of Chemical Products ($7.33B), Machines ($2.13B), and Instruments ($780M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Denmark worth $7.1B, with Transportation ($2.29B), Other business services ($2.28B), and Travel ($1.08B) being the largest in terms of value.

In 2020, Denmark exported services to United States worth $10.6B, with Transportation ($5.76B), Royalties and license fees ($2.56B), and Other business services ($912M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Denmark (Flag) (2017)

Services Exports from Denmark (Flag) to United States (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Denmark (Flag) (2021)

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