2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

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.

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.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $687M in 2023.

In 2018, 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 2023 to $51M in 2018.

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

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

Latest Data

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

Denmark Exports

United Arab Emirates Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Denmark - United Arab Emirates

Flow
Scale

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

During 2023, Denmark had a large net trade with United Arab Emirates in the exports of Chemical Products ($203M), Machines ($135M), and Foodstuffs ($91.3M).

During 2018, 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).

Potential Exports

Potential Exports

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

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 Denmark and United Arab Emirates. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Denmark.

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

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