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2023
Flag → Flag
Exports $217MRnk 55 / 217
2023
Flag → Flag
Top Product $50.4MPackaged Medicaments
2023
Flag → Flag
Exports $97.7MRnk 65 / 168
2023
Flag → Flag
Top Product $48.8MSoybean Meal
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Denmark-Argentina Trade: In 2023, Denmark exported $217M to Argentina. The main products that Denmark exported to Argentina were Packaged Medicaments ($50.4M), Vaccines, blood, antisera, toxins and cultures ($24.1M), and Enzymes ($16.8M). Over the past 5 years the exports of Denmark to Argentina have decreased at an annualized rate of 9.14%, from $350M in 2018 to $217M in 2023.

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 2023, Argentina exported $97.7M to Denmark. The main products that Argentina exported to Denmark were Soybean Meal ($48.8M), Other Vegetable Residues ($9.88M), and Other Vegetable Residues and Waste ($9.3M). Over the past 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 16.7%,  from $243M in 2018 to $97.7M in 2023.

In 2023, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $217M to Argentina. The main products exported from Denmark to Argentina were Packaged Medicaments ($50.4M), Vaccines, blood, antisera, toxins and cultures ($24.1M), and Enzymes ($16.8M). During the last 5 years the exports of Denmark to Argentina have decreased at an annualized rate of 9.14%, from $350M in 2018 to $217M in 2023.

In 2018, Argentina exported $97.7M to Denmark. The main products exported from Argentina to Denmark were Soybean Meal ($48.8M), Other Vegetable Residues ($9.88M), and Other Vegetable Residues and Waste ($9.3M). During the last 5 years the exports of Argentina to Denmark have decreased at an annualized rate of 16.7%, from $243M in 2023 to $97.7M in 2018.

Exports from Denmark (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Argentina (Flag)

Denmark Exports

Argentina Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Argentina
Top DestinationBrazil$12.1B

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 2023, countries that imported more from Denmark than Argentina included Germany ($14.8B), Sweden ($11.2B), and Netherlands ($7.89B).

In 2023, countries that imported more from Argentina than Denmark included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

Difference in imports from Argentina (Flag) and Denmark (Flag) (2023)

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 2023, Denmark had a large net trade with Argentina in the exports of Chemical Products ($114M), Machines ($55.7M), and Instruments ($18M).

During 2018, Argentina had a large net trade with Denmark in the exports of Foodstuffs ($76M), Chemical Products ($5.55M), and Animal Products ($5.21M).

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) (2023)

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