2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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
$54,660CURRENT US$
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2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Denmark-Israel Trade: In 2022, Denmark exported $488M to Israel. The main products that Denmark exported to Israel were Packaged Medicaments ($195M), Fish Fillets ($35.6M), and Other Edible Preparations ($11.9M). Over the past 5 years the exports of Denmark to Israel have increased at an annualized rate of 12.7%, from $268M in 2017 to $488M in 2022.

In 2009, Denmark exported services to Israel worth $245M, with Services not allocated ($118M), Transportation ($88.2M), and Other business services ($12.4M) being the largest in terms of value.

Israel-Denmark Trade: In 2022, Israel exported $95.8M to Denmark. The main products that Israel exported to Denmark were Medical Instruments ($9.23M), Rubber Tires ($6.92M), and Packaged Medicaments ($5.82M). Over the past 5 years the exports of Israel to Denmark have decreased at an annualized rate of 0.84%,  from $100M in 2017 to $95.8M in 2022.

In 2012, Israel exported services to Denmark worth $8.39M, with Computer and information services ($8.39M) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $488M to Israel. The main products exported from Denmark to Israel were Packaged Medicaments ($195M), Fish Fillets ($35.6M), and Other Edible Preparations ($11.9M). During the last 5 years the exports of Denmark to Israel have increased at an annualized rate of 12.7%, from $268M in 2017 to $488M in 2022.

In 2017, Israel exported $95.8M to Denmark. The main products exported from Israel to Denmark were Medical Instruments ($9.23M), Rubber Tires ($6.92M), and Packaged Medicaments ($5.82M). During the last 5 years the exports of Israel to Denmark have decreased at an annualized rate of 0.84%, from $100M in 2022 to $95.8M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Israel (Flag)

Denmark Exports

Israel Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Denmark included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Denmark - Israel

Flow
Scale

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

During 2022, Denmark had a large net trade with Israel in the exports of Chemical Products ($224M), Machines ($80.9M), and Animal Products ($42.1M).

During 2017, Israel had a large net trade with Denmark in the exports of Machines ($30.6M), Plastics and Rubbers ($18.4M), and Instruments ($15.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Israel+$7.11MVaccines, blood, antisera, toxins and cultures
Top Product Potential Israel Denmark+$6.85MPackaged 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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Economic Complexity

Competitive Landscape

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

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

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