2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 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 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 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

United Arab Emirates-Denmark Trade: In 2023, United Arab Emirates exported $51M to Denmark. The main products that United Arab Emirates exported to Denmark were Jewellery ($9.5M), Computers ($8.07M), and Metal-Clad Products ($5.87M). Over the past 5 years the exports of United Arab Emirates to Denmark have decreased at an annualized rate of 15.4%, from $118M in 2018 to $51M in 2023.

In 2023, United Arab Emirates did not export any services to Denmark.

Denmark-United Arab Emirates Trade: In 2023, Denmark exported $687M to United Arab Emirates. The main products that Denmark exported to United Arab Emirates were Packaged Medicaments ($168M), Other Edible Preparations ($63.8M), and Coal Tar Oil ($59M). Over the past 5 years the exports of Denmark to United Arab Emirates have increased at an annualized rate of 5.27%,  from $531M in 2018 to $687M in 2023.

In 2023, Denmark did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $51M to Denmark. The main products exported from United Arab Emirates to Denmark were Jewellery ($9.5M), Computers ($8.07M), and Metal-Clad Products ($5.87M). During the last 5 years the exports of United Arab Emirates to Denmark have decreased at an annualized rate of 15.4%, from $118M in 2018 to $51M in 2023.

In 2018, Denmark exported $687M to United Arab Emirates. The main products exported from Denmark to United Arab Emirates were Packaged Medicaments ($168M), Other Edible Preparations ($63.8M), and Coal Tar Oil ($59M). During the last 5 years the exports of Denmark to United Arab Emirates have increased at an annualized rate of 5.27%, from $531M in 2023 to $687M in 2018.

Exports from United Arab Emirates (Flag) to Denmark (Flag) (2023)

Exports from Denmark (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Denmark (Flag)

United Arab Emirates Exports

Denmark Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Denmark
Top Destination
Germany$14.8B

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

In 2023, countries that imported more from United Arab Emirates than Denmark included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Denmark than United Arab Emirates included Sweden ($11.2B), Germany ($14.8B), and United States ($12B).

Difference in imports from Denmark (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Denmark

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Denmark in the exports of Precious Metals ($15.8M), Machines ($15.6M), and Metals ($6.47M).

During 2018, Denmark had a large net trade with United Arab Emirates in the exports of Chemical Products ($203M), Machines ($135M), and Foodstuffs ($91.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Denmark+$38.7MRefined Petroleum
Top Product Potential Denmark United Arab Emirates+$26MPackaged 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.

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Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Denmark (Flag) (2023)

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