Denmark / Canada

Denmark-Canada Trade: In 2022, Denmark exported $1.44B to Canada. The main products that Denmark exported to Canada were Packaged Medicaments ($631M), Orthopedic Appliances ($80.2M), and Other Furniture ($31.5M). Over the past 5 years the exports of Denmark to Canada have increased at an annualized rate of 8.48%, from $961M in 2017 to $1.44B in 2022.

In 2020, Denmark exported services to Canada worth $793M, with Transportation ($518M), Other business services ($98.3M), and Computer and information services ($59.4M) being the largest in terms of value.

Canada-Denmark Trade: In 2022, Canada exported $262M to Denmark. The main products that Canada exported to Denmark were Crustaceans ($39.5M), Fuel Wood ($18.1M), and Non-fillet Frozen Fish ($15.9M). Over the past 5 years the exports of Canada to Denmark have decreased at an annualized rate of 8.55%,  from $410M in 2017 to $262M in 2022.

In 2020, Canada exported services to Denmark worth $138M, with Transportation ($96.2M), Royalties and license fees ($15.7M), and Travel ($14.9M) being the largest in terms of value.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).