2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $1B in 2022.

In 2017, 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 2022 to $488M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Brazil (Flag)

Denmark Exports

Brazil Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Brazil
Top Destination
China$90.1B

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

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

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

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

Comparative Advantage Denmark - Brazil

Flow
Scale

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

During 2022, Denmark had a large net trade with Brazil in the exports of Chemical Products ($609M), Machines ($185M), and Instruments ($63.2M).

During 2017, Brazil had a large net trade with Denmark in the exports of Foodstuffs ($264M), Chemical Products ($67.2M), and Wood Products ($55M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Brazil+$43.5MPackaged Medicaments
Top Product Potential Brazil Denmark+$19.7MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with