2022
Exports
$15.9BWorld Rnk 11 / 217
Flag Rnk 1 / 1214
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$3.67BWorld Rnk 23 / 224
Flag Rnk 4 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $15.9B 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 ($6.29B), France ($834M), China ($772M), Japan ($735M), and Canada ($631M).

The fastest growing export markets for Packaged Medicaments of Denmark between 2021 and 2022 were Canada ($218M), Brazil ($132M), and Kuwait ($97.2M).

Imports In 2022, Denmark imported $3.67B in Packaged Medicaments, becoming the 23rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Denmark. Denmark imports Packaged Medicaments primarily from: China ($621M), Germany ($518M), Czechia ($437M), France ($404M), and Netherlands ($301M).

The fastest growing import markets in Packaged Medicaments for Denmark between 2021 and 2022 were United States ($41.2M), Norway ($33.6M), and Italy ($22.8M).

Latest Trends

Oct 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 (2022)$15.9B
IMPORTS (2022)$3.67B
NET TRADE (2022)$12.3B

In 2022, Denmark exported $15.9B in Packaged Medicaments. The main destinations of Denmark exports on Packaged Medicaments were United States ($6.29B), France ($834M), China ($772M), Japan ($735M), and Canada ($631M).

In 2022, Denmark imported $3.67B in Packaged Medicaments, mainly from China ($621M), Germany ($518M), Czechia ($437M), France ($404M), and Netherlands ($301M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Canada$218M (52.7%)
Brazil$132M (57.8%)
Kuwait$97.2M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Denmark WERE (2021 - 2022):
Saudi Arabia-$283M (-99.3%)
China-$244M (-24%)
Spain-$207M (-32.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Packaged Medicaments were:
In 2022, 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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