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Pricing

2022
Flag → Flag
Exports $29MRnk 103 / 218
2022
Flag → Flag
Top Product $6.59MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $8.94MRnk 55 / 127
2022
Flag → Flag
Top Product $4.07MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Denmark-Iran Trade: In 2022, Denmark exported $29M to Iran. The main products that Denmark exported to Iran were Vaccines, blood, antisera, toxins and cultures ($6.59M), Vegetable or Animal Dyes ($4.63M), and Medical Instruments ($3.42M). Over the past 5 years the exports of Denmark to Iran have decreased at an annualized rate of 38.3%, from $324M in 2017 to $29M in 2022.

In 2022, Denmark did not export any services to Iran.

Iran-Denmark Trade: In 2022, Iran exported $8.94M to Denmark. The main products that Iran exported to Denmark were Tropical Fruits ($4.07M), Knotted Carpets ($3.2M), and Fruit Juice ($578k). Over the past 5 years the exports of Iran to Denmark have decreased at an annualized rate of 6.88%,  from $12.8M in 2017 to $8.94M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $29M to Iran. The main products exported from Denmark to Iran were Vaccines, blood, antisera, toxins and cultures ($6.59M), Vegetable or Animal Dyes ($4.63M), and Medical Instruments ($3.42M). During the last 5 years the exports of Denmark to Iran have decreased at an annualized rate of 38.3%, from $324M in 2017 to $29M in 2022.

In 2017, Iran exported $8.94M to Denmark. The main products exported from Iran to Denmark were Tropical Fruits ($4.07M), Knotted Carpets ($3.2M), and Fruit Juice ($578k). During the last 5 years the exports of Iran to Denmark have decreased at an annualized rate of 6.88%, from $12.8M in 2022 to $8.94M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Iran (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Denmark than Iran included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Iran than Denmark included Turkey ($3.17B), Pakistan ($762M), and Kuwait ($960M).

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

Comparative Advantage Denmark - Iran

Flow
Scale

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

During 2022, Denmark had a large net trade with Iran in the exports of Chemical Products ($16.8M), Instruments ($4.2M), and Foodstuffs ($3.06M).

During 2017, Iran had a large net trade with Denmark in the exports of Vegetable Products ($4.15M), Textiles ($3.48M), and Foodstuffs ($1.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Iran+$5.49MVaccines, blood, antisera, toxins and cultures
Top Product Potential Iran Denmark+$501kTropical Fruits

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

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

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