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2022
Flag → Flag
Exports $488MRnk 62 / 223
2022
Flag → Flag
Top Product $237MSoybean Meal
2022
Flag → Flag
Exports $1BRnk 22 / 218
2022
Flag → Flag
Top Product $360MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Brazil-Denmark Trade: In 2022, Brazil exported $488M to Denmark. The main products that Brazil exported to Denmark were Soybean Meal ($237M), Packaged Medicaments ($53.5M), and Semi-Finished Iron ($23M). Over the past 5 years the exports of Brazil to Denmark have increased at an annualized rate of 7.99%, from $332M in 2017 to $488M in 2022.

In 2022, Brazil did not export any services to Denmark.

Denmark-Brazil Trade: In 2022, Denmark exported $1B to Brazil. The main products that Denmark exported to Brazil were Packaged Medicaments ($360M), Enzymes ($82.7M), and Hormones ($50.4M). Over the past 5 years the exports of Denmark to Brazil have increased at an annualized rate of 9.05%,  from $650M in 2017 to $1B in 2022.

In 2020, Denmark exported services to Brazil worth $860M, with Transportation ($801M), Construction services ($18.5M), and Other business services ($17M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

September, 2024

About

Overview In September 2024, Brazil exported $31.2M and imported $86.3M from Denmark, resulting in a negative trade balance of $55.1M. Between September 2023 and September 2024 the exports of Brazil have decreased by $-32.4M (-51%) from $63.7M to $31.2M, while imports increased by $9.96M (13%) from $76.4M to $86.3M.

Trade In September 2024, the top exports of Brazil to Denmark were Packaged Medicaments ($5.15M), Enzymes ($3.66M), Hot-Rolled Iron ($2.42M), Fuel Wood ($2.22M), and Coffee ($1.1M). In September 2024 the top imports of Brazil from Denmark were Packaged Medicaments ($29.1M), Vaccines, blood, antisera, toxins and cultures ($24.6M), Enzymes ($8.8M), Hormones ($6.26M), and Orthopedic Appliances ($5.48M).

Origins In September 2024 the exports of Brazil were mainly from Minas Gerais ($10.6M), Mato Grosso ($8.56M), Paraná ($3.51M), São Paulo ($2.99M), and Santa Catarina ($1.92M), while imports destinations were mainly São Paulo ($24.4M), Paraná ($24.2M), Rio de Janeiro ($15.7M), Minas Gerais ($10.8M), and Santa Catarina ($4.37M).

Growth In September 2024, the decrease in Brazil's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Coffee ($-2.55M or -69.8%), Packaged Medicaments ($-1.99M or -27.9%), and Shaped Wood ($-1.36M or -80.4%). In September 2024, the increase in Brazil's year-by-year imports  from Denmark was explained primarily by an increase in product imports  in Orthopedic Appliances ($2.28M or 71%), Other Plastic Products ($1.9M or 583%), and Enzymes ($1.78M or 25.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-32.4M(-51%)
IMPORT GROWTH (September 2023 - September 2024)$9.96M(13%)
MAIN EXPORTER (September 2024)Minas Gerais$10.6M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Denmark and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $488M to Denmark. The main products exported from Brazil to Denmark were Soybean Meal ($237M), Packaged Medicaments ($53.5M), and Semi-Finished Iron ($23M). During the last 5 years the exports of Brazil to Denmark have increased at an annualized rate of 7.99%, from $332M in 2017 to $488M in 2022.

In 2017, Denmark exported $1B to Brazil. The main products exported from Denmark to Brazil were Packaged Medicaments ($360M), Enzymes ($82.7M), and Hormones ($50.4M). During the last 5 years the exports of Denmark to Brazil have increased at an annualized rate of 9.05%, from $650M in 2022 to $1B in 2017.

Exports from Brazil (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Brazil than Denmark included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Difference in imports from Denmark (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Denmark

Flow
Scale

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

During 2022, Brazil had a large net trade with Denmark in the exports of Foodstuffs ($264M), Chemical Products ($67.2M), and Wood Products ($55M).

During 2017, Denmark had a large net trade with Brazil in the exports of Chemical Products ($609M), Machines ($185M), and Instruments ($63.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Denmark+$19.7MRefined Petroleum
Top Product Potential Denmark Brazil+$43.5MPackaged 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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Bilateral Service Trade

In 2020, Denmark exported services to Brazil worth $860M, with Transportation ($801M), Construction services ($18.5M), and Other business services ($17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Denmark (Flag) (2022)

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