Denmark (DNK) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Denmark-Germany Trade: In 2023, Denmark exported $14.8B to Germany. The main products that Denmark exported to Germany were Electricity ($963M), Packaged Medicaments ($724M), and Cars ($702M). Over the past 5 years the exports of Denmark to Germany have increased at an annualized rate of 1.47%, from $13.7B in 2018 to $14.8B in 2023.

In 2020, Denmark exported services to Germany worth $7.17B, with Transportation ($2.76B), Travel ($1.8B), and Other business services ($1.29B) being the largest in terms of value.

Germany-Denmark Trade: In 2023, Germany exported $23.2B to Denmark. The main products that Germany exported to Denmark were Cars ($2.77B), Delivery Trucks ($517M), and Packaged Medicaments ($469M). Over the past 5 years the exports of Germany to Denmark have increased at an annualized rate of 0.22%, from $23B in 2018 to $23.2B in 2023.

In 2020, Germany exported services to Denmark worth $3.51B, with Transportation ($1.27B), Other business services ($848M), and Travel ($828M) being the largest in terms of value.

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $14.8B to Germany. The main products exported from Denmark to Germany were Electricity ($963M), Packaged Medicaments ($724M), and Cars ($702M). During the last 5 years the exports of Denmark to Germany have increased at an annualized rate of 1.47%, from $13.7B in 2018 to $14.8B in 2023.

In 2018, Germany exported $23.2B to Denmark. The main products exported from Germany to Denmark were Cars ($2.77B), Delivery Trucks ($517M), and Packaged Medicaments ($469M). During the last 5 years the exports of Germany to Denmark have increased at an annualized rate of 0.22%, from $23B in 2023 to $23.2B in 2018.

Exports from Denmark () to Germany () (2023)

Exports from Germany () to Denmark () (2023)

Latest Data

Trade between Denmark () and Germany ()

Denmark Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Germany
Top DestinationUnited States$157B

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

In 2023, countries that imported more from Denmark than Germany included Greenland ($647M), British Virgin Islands ($36.1M), and Gibraltar ($54.9M).

In 2023, countries that imported more from Germany than Denmark included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany () and Denmark () (2023)

Comparative Advantage Denmark - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Germany in the exports of Machines ($2.48B), Animal Products ($2.41B), and Chemical Products ($1.62B).

During 2018, Germany had a large net trade with Denmark in the exports of Machines ($5.22B), Transportation ($4.47B), and Chemical Products ($2.29B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Germany+$578MPackaged Medicaments

Top Product Potential Germany Denmark+$616MCars

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

Deu Year

Dnk Year

In 2020, Denmark exported services to Germany worth $7.17B, with Transportation ($2.76B), Travel ($1.8B), and Other business services ($1.29B) being the largest in terms of value.

In 2020, Germany exported services to Denmark worth $3.51B, with Transportation ($1.27B), Other business services ($848M), and Travel ($828M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to Germany () (2020)

Services Exports from Germany () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Germany () (2023)

Exports from Germany () to Denmark () (2023)

Latest Data

Trade between Denmark () and Germany ()

Denmark Exports

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Denmark () (2023)

Comparative Advantage Denmark - Germany

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Denmark () to Germany () (2020)

Services Exports from Germany () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Denmark () and Germany () (2023)

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