2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

United Arab Emirates-Denmark Trade: In 2022, United Arab Emirates exported $80M to Denmark. The main products that United Arab Emirates exported to Denmark were Refined Petroleum ($14.1M), Metal-Clad Products ($10.3M), and Gold ($8.56M). Over the past 5 years the exports of United Arab Emirates to Denmark have increased at an annualized rate of 10.4%, from $48.8M in 2017 to $80M in 2022.

In 2022, United Arab Emirates did not export any services to Denmark.

Denmark-United Arab Emirates Trade: In 2022, Denmark exported $715M to United Arab Emirates. The main products that Denmark exported to United Arab Emirates were Packaged Medicaments ($163M), Passenger and Cargo Ships ($101M), and Coal Tar Oil ($29.8M). Over the past 5 years the exports of Denmark to United Arab Emirates have increased at an annualized rate of 3.96%,  from $589M in 2017 to $715M in 2022.

In 2022, Denmark did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $80M to Denmark. The main products exported from United Arab Emirates to Denmark were Refined Petroleum ($14.1M), Metal-Clad Products ($10.3M), and Gold ($8.56M). During the last 5 years the exports of United Arab Emirates to Denmark have increased at an annualized rate of 10.4%, from $48.8M in 2017 to $80M in 2022.

In 2017, Denmark exported $715M to United Arab Emirates. The main products exported from Denmark to United Arab Emirates were Packaged Medicaments ($163M), Passenger and Cargo Ships ($101M), and Coal Tar Oil ($29.8M). During the last 5 years the exports of Denmark to United Arab Emirates have increased at an annualized rate of 3.96%, from $589M in 2022 to $715M in 2017.

Exports from United Arab Emirates (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to United Arab Emirates (Flag) (2022)

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
India$51B
Denmark
Top Destination
Germany$18.9B

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 2022, countries that imported more from United Arab Emirates than Denmark included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Denmark than United Arab Emirates included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

Difference in imports from Denmark (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Denmark in the exports of Precious Metals ($24.5M), Machines ($21.3M), and Mineral Products ($14.1M).

During 2017, Denmark had a large net trade with United Arab Emirates in the exports of Chemical Products ($196M), Machines ($152M), and Transportation ($114M).

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) (2022)

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