2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 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
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Denmark-Switzerland Trade: In 2022, Denmark exported $1.11B to Switzerland. The main products that Denmark exported to Switzerland were Packaged Medicaments ($139M), Vaccines, blood, antisera, toxins and cultures ($91.6M), and Oxygen Amino Compounds ($28.3M). Over the past 5 years the exports of Denmark to Switzerland have increased at an annualized rate of 6.43%, from $809M in 2017 to $1.11B in 2022.

In 2020, Denmark exported services to Switzerland worth $3.17B, with Transportation ($1.8B), Other business services ($864M), and Royalties and license fees ($204M) being the largest in terms of value.

Switzerland-Denmark Trade: In 2022, Switzerland exported $1.13B to Denmark. The main products that Switzerland exported to Denmark were Tanks and Armored vehicles ($126M), Vaccines, blood, antisera, toxins and cultures ($124M), and Packaged Medicaments ($99.3M). Over the past 5 years the exports of Switzerland to Denmark have increased at an annualized rate of 3.1%,  from $916M in 2017 to $1.13B in 2022.

In 2019, Switzerland exported services to Denmark worth $303M, with Financial services ($70.2M), Computer and information services ($56.6M), and Royalties and license fees ($55.2M) 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $1.11B to Switzerland. The main products exported from Denmark to Switzerland were Packaged Medicaments ($139M), Vaccines, blood, antisera, toxins and cultures ($91.6M), and Oxygen Amino Compounds ($28.3M). During the last 5 years the exports of Denmark to Switzerland have increased at an annualized rate of 6.43%, from $809M in 2017 to $1.11B in 2022.

In 2017, Switzerland exported $1.13B to Denmark. The main products exported from Switzerland to Denmark were Tanks and Armored vehicles ($126M), Vaccines, blood, antisera, toxins and cultures ($124M), and Packaged Medicaments ($99.3M). During the last 5 years the exports of Switzerland to Denmark have increased at an annualized rate of 3.1%, from $916M in 2022 to $1.13B in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Switzerland (Flag)

Denmark Exports

Switzerland Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Switzerland
Top Destination
United States$61.7B

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

In 2022, countries that imported more from Denmark than Switzerland included Sweden ($11.6B), Norway ($6.53B), and Poland ($4.78B).

In 2022, countries that imported more from Switzerland than Denmark included United States ($61.7B), China ($44.1B), and Germany ($53.5B).

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

Comparative Advantage Denmark - Switzerland

Flow
Scale

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

During 2022, Denmark had a large net trade with Switzerland in the exports of Chemical Products ($334M), Machines ($212M), and Miscellaneous ($77.9M).

During 2017, Switzerland had a large net trade with Denmark in the exports of Chemical Products ($333M), Machines ($296M), and Transportation ($149M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Switzerland+$135MPackaged Medicaments
Top Product Potential Switzerland Denmark+$78MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Denmark exported services to Switzerland worth $3.17B, with Transportation ($1.8B), Other business services ($864M), and Royalties and license fees ($204M) being the largest in terms of value.

In 2019, Switzerland exported services to Denmark worth $303M, with Financial services ($70.2M), Computer and information services ($56.6M), and Royalties and license fees ($55.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Switzerland (Flag) (2020)

Services Exports from Switzerland (Flag) to Denmark (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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