2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 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
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Denmark-Luxembourg Trade: In 2022, Denmark exported $130M to Luxembourg. The main products that Denmark exported to Luxembourg were Stearic Acid ($15.7M), Cars ($11.3M), and Scrap Aluminium ($8.61M). Over the past 5 years the exports of Denmark to Luxembourg have increased at an annualized rate of 12.8%, from $71.3M in 2017 to $130M in 2022.

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

Luxembourg-Denmark Trade: In 2022, Luxembourg exported $240M to Denmark. The main products that Luxembourg exported to Denmark were Iron Sheet Piling ($37M), Iron Blocks ($25.2M), and Rapeseed Oil ($23.4M). Over the past 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 7.03%,  from $171M in 2017 to $240M in 2022.

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $130M to Luxembourg. The main products exported from Denmark to Luxembourg were Stearic Acid ($15.7M), Cars ($11.3M), and Scrap Aluminium ($8.61M). During the last 5 years the exports of Denmark to Luxembourg have increased at an annualized rate of 12.8%, from $71.3M in 2017 to $130M in 2022.

In 2017, Luxembourg exported $240M to Denmark. The main products exported from Luxembourg to Denmark were Iron Sheet Piling ($37M), Iron Blocks ($25.2M), and Rapeseed Oil ($23.4M). During the last 5 years the exports of Luxembourg to Denmark have increased at an annualized rate of 7.03%, from $171M in 2022 to $240M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Luxembourg (Flag)

Denmark Exports

Luxembourg Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Luxembourg
Top Destination
Germany$4.15B

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

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

In 2022, countries that imported more from Luxembourg than Denmark included Hong Kong ($628M), Oman ($263M), and North Macedonia ($55.8M).

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

Comparative Advantage Denmark - Luxembourg

Flow
Scale

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

During 2022, Denmark had a large net trade with Luxembourg in the exports of Machines ($29.6M), Metals ($19.1M), and Transportation ($18.6M).

During 2017, Luxembourg had a large net trade with Denmark in the exports of Metals ($99.5M), Animal and Vegetable Bi-Products ($27.2M), and Plastics and Rubbers ($26.1M).

Bilateral Service Trade

In 2020, Denmark exported services to Luxembourg worth $653M, with Transportation ($384M), Financial services ($131M), and Other business services ($104M) being the largest in terms of value.

In 2020, Luxembourg exported services to Denmark worth $62.8M, with Transportation ($35.4M), Travel ($20.6M), and Other business services ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Luxembourg (Flag) (2020)

Services Exports from Luxembourg (Flag) to Denmark (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with