2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Denmark-India Trade: In 2022, Denmark exported $912M to India. The main products that Denmark exported to India were Packaged Medicaments ($139M), Other Stone Articles ($54.6M), and Scrap Iron ($47.9M). Over the past 5 years the exports of Denmark to India have increased at an annualized rate of 12.7%, from $502M in 2017 to $912M in 2022.

In 2020, Denmark exported services to India worth $1.44B, with Transportation ($1.27B), Other business services ($62M), and Construction services ($37.1M) being the largest in terms of value.

India-Denmark Trade: In 2022, India exported $1.23B to Denmark. The main products that India exported to Denmark were Refined Petroleum ($146M), Non-Knit Women's Suits ($93M), and Non-Knit Women's Shirts ($51.8M). Over the past 5 years the exports of India to Denmark have increased at an annualized rate of 8.5%,  from $816M in 2017 to $1.23B in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $912M to India. The main products exported from Denmark to India were Packaged Medicaments ($139M), Other Stone Articles ($54.6M), and Scrap Iron ($47.9M). During the last 5 years the exports of Denmark to India have increased at an annualized rate of 12.7%, from $502M in 2017 to $912M in 2022.

In 2017, India exported $1.23B to Denmark. The main products exported from India to Denmark were Refined Petroleum ($146M), Non-Knit Women's Suits ($93M), and Non-Knit Women's Shirts ($51.8M). During the last 5 years the exports of India to Denmark have increased at an annualized rate of 8.5%, from $816M in 2022 to $1.23B in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and India (Flag)

Denmark Exports

India Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
India
Top Destination
United States$82.9B

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

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

In 2022, countries that imported more from India than Denmark included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage Denmark - India

Flow
Scale

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

During 2022, Denmark had a large net trade with India in the exports of Chemical Products ($297M), Machines ($198M), and Metals ($142M).

During 2017, India had a large net trade with Denmark in the exports of Textiles ($380M), Machines ($151M), and Mineral Products ($147M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark India+$81.6MRefined Petroleum
Top Product Potential India Denmark+$191MRefined 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.

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Economic Complexity

Competitive Landscape

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

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

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