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2022
Flag → Flag
Exports $201MRnk 59 / 218
2022
Flag → Flag
Top Product $33.8MPackaged Medicaments
2022
Flag → Flag
Exports $142MRnk 67 / 168
2022
Flag → Flag
Top Product $89.6MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Denmark-Argentina Trade: In 2022, Denmark exported $201M to Argentina. The main products that Denmark exported to Argentina were Packaged Medicaments ($33.8M), Vaccines, blood, antisera, toxins and cultures ($17.1M), and Orthopedic Appliances ($16.2M). Over the past 5 years the exports of Denmark to Argentina have increased at an annualized rate of 0.75%, from $194M in 2017 to $201M in 2022.

In 2020, Denmark exported services to Argentina worth $200M, with Transportation ($179M), Other business services ($7.77M), and Communications services ($3.88M) being the largest in terms of value.

Argentina-Denmark Trade: In 2022, Argentina exported $142M to Denmark. The main products that Argentina exported to Denmark were Soybean Meal ($89.6M), Other Vegetable Residues and Waste ($12.8M), and Quaternary Ammonium Salts and Hydroxides ($9.41M). Over the past 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 8.9%,  from $227M in 2017 to $142M in 2022.

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

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $201M to Argentina. The main products exported from Denmark to Argentina were Packaged Medicaments ($33.8M), Vaccines, blood, antisera, toxins and cultures ($17.1M), and Orthopedic Appliances ($16.2M). During the last 5 years the exports of Denmark to Argentina have increased at an annualized rate of 0.75%, from $194M in 2017 to $201M in 2022.

In 2017, Argentina exported $142M to Denmark. The main products exported from Argentina to Denmark were Soybean Meal ($89.6M), Other Vegetable Residues and Waste ($12.8M), and Quaternary Ammonium Salts and Hydroxides ($9.41M). During the last 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 8.9%, from $227M in 2022 to $142M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Argentina (Flag)

Denmark Exports

Argentina Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Argentina
Top DestinationBrazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Denmark included Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

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

Comparative Advantage Denmark - Argentina

Flow
Scale

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

During 2022, Denmark had a large net trade with Argentina in the exports of Chemical Products ($97.1M), Machines ($43.3M), and Instruments ($26.2M).

During 2017, Argentina had a large net trade with Denmark in the exports of Foodstuffs ($116M), Chemical Products ($9.48M), and Animal Products ($8.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Argentina+$7.78MVaccines, blood, antisera, toxins and cultures
Top Product Potential Argentina Denmark+$3.44MCorn

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

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

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