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2022
Flag → Flag
Exports $202MRnk 58 / 218
2022
Flag → Flag
Top Product $14.4MOther Sugars
2022
Flag → Flag
Exports $857MRnk 37 / 216
2022
Flag → Flag
Top Product $556MSpecial Purpose Ships
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Denmark-Indonesia Trade: In 2022, Denmark exported $202M to Indonesia. The main products that Denmark exported to Indonesia were Other Sugars ($14.4M), Reaction and Catalytic Products ($10.1M), and Packaged Medicaments ($9.91M). Over the past 5 years the exports of Denmark to Indonesia have decreased at an annualized rate of 2.91%, from $234M in 2017 to $202M in 2022.

In 2020, Denmark exported services to Indonesia worth $207M, with Transportation ($171M), Construction services ($10.9M), and Other business services ($8.68M) being the largest in terms of value.

Indonesia-Denmark Trade: In 2022, Indonesia exported $857M to Denmark. The main products that Indonesia exported to Denmark were Special Purpose Ships ($556M), Palm Oil ($81.1M), and Leather Footwear ($47.4M). Over the past 5 years the exports of Indonesia to Denmark have increased at an annualized rate of 27.7%,  from $252M in 2017 to $857M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $202M to Indonesia. The main products exported from Denmark to Indonesia were Other Sugars ($14.4M), Reaction and Catalytic Products ($10.1M), and Packaged Medicaments ($9.91M). During the last 5 years the exports of Denmark to Indonesia have decreased at an annualized rate of 2.91%, from $234M in 2017 to $202M in 2022.

In 2017, Indonesia exported $857M to Denmark. The main products exported from Indonesia to Denmark were Special Purpose Ships ($556M), Palm Oil ($81.1M), and Leather Footwear ($47.4M). During the last 5 years the exports of Indonesia to Denmark have increased at an annualized rate of 27.7%, from $252M in 2022 to $857M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Indonesia (Flag)

Denmark Exports

Indonesia Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Indonesia
Top DestinationChina$67.7B

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

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

In 2022, countries that imported more from Indonesia than Denmark included China ($67.7B), India ($25.3B), and Japan ($26.6B).

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

Comparative Advantage Denmark - Indonesia

Flow
Scale

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

During 2022, Denmark had a large net trade with Indonesia in the exports of Machines ($56.2M), Chemical Products ($48.6M), and Animal Products ($28.4M).

During 2017, Indonesia had a large net trade with Denmark in the exports of Transportation ($589M), Animal and Vegetable Bi-Products ($82.2M), and Footwear and Headwear ($63.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Indonesia+$13.9MPackaged Medicaments
Top Product Potential Indonesia Denmark+$19.8MPalm Oil

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 Indonesia. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Denmark.

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

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