2023
Exports
$16.5BWorld Rnk 11 / 214
Flag Rnk 1 / 1210
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$3.83BWorld Rnk 25 / 226
Flag Rnk 3 / 1213
2023
ECONOMIC COMPLEXITY of Denmark
1.13Rnk 22 / 132

About

Exports In 2023, Denmark exported $16.5B in Packaged Medicaments, making it the 11th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 1st most exported product in Denmark. The main destination of Packaged Medicaments exports from Denmark are: United States ($4.51B), Canada ($1.03B), Sweden ($865M), China ($828M), and France ($746M).

The fastest growing export markets for Packaged Medicaments of Denmark between 2022 and 2023 were Canada ($401M), Germany ($162M), and Brazil ($122M).

Imports In 2023, Denmark imported $3.83B in Packaged Medicaments, becoming the 25th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Denmark. Denmark imports Packaged Medicaments primarily from: France ($588M), Germany ($469M), China ($465M), Czechia ($413M), and Sweden ($308M).

The fastest growing import markets in Packaged Medicaments for Denmark between 2022 and 2023 were France ($209M), Sweden ($77.7M), and Ireland ($49.9M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.5B
IMPORTS (2023)$3.83B
NET TRADE (2023)$12.6B

In 2023, Denmark exported $16.5B in Packaged Medicaments. The main destinations of Denmark exports on Packaged Medicaments were United States ($4.51B), Canada ($1.03B), Sweden ($865M), China ($828M), and France ($746M).

In 2023, Denmark imported $3.83B in Packaged Medicaments, mainly from France ($588M), Germany ($469M), China ($465M), Czechia ($413M), and Sweden ($308M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Denmark WERE (2022 - 2023):
Canada$401M (63.2%)
Germany$162M (28.9%)
Brazil$122M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Denmark WERE (2022 - 2023):
United States-$1.79B (-28.4%)
South Korea-$132M (-99.5%)
Turkey-$92.7M (-60%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Denmark's main exporting competitors in Packaged Medicaments were:
In 2023, Denmark's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $578M
TOP IMPORT POTENTIALGermany+ $340M

Packaged Medicaments’s highest export potential is Germany. With an export gap of $578M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $340M.

See methodology.

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