2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Denmark-Mexico Trade: In 2022, Denmark exported $477M to Mexico. The main products that Denmark exported to Mexico were Enzymes ($33.6M), Integrated Circuits ($32.7M), and Lifting Machinery ($24.5M). Over the past 5 years the exports of Denmark to Mexico have increased at an annualized rate of 5.73%, from $361M in 2017 to $477M in 2022.

In 2020, Denmark exported services to Mexico worth $471M, with Transportation ($403M), Other business services ($23.2M), and Computer and information services ($17.7M) being the largest in terms of value.

Mexico-Denmark Trade: In 2022, Mexico exported $153M to Denmark. The main products that Mexico exported to Denmark were Other Engines ($18.4M), Office Machine Parts ($11.4M), and Computers ($10.8M). Over the past 5 years the exports of Mexico to Denmark have increased at an annualized rate of 2.24%,  from $137M in 2017 to $153M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $477M to Mexico. The main products exported from Denmark to Mexico were Enzymes ($33.6M), Integrated Circuits ($32.7M), and Lifting Machinery ($24.5M). During the last 5 years the exports of Denmark to Mexico have increased at an annualized rate of 5.73%, from $361M in 2017 to $477M in 2022.

In 2017, Mexico exported $153M to Denmark. The main products exported from Mexico to Denmark were Other Engines ($18.4M), Office Machine Parts ($11.4M), and Computers ($10.8M). During the last 5 years the exports of Mexico to Denmark have increased at an annualized rate of 2.24%, from $137M in 2022 to $153M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Mexico (Flag)

Denmark Exports

Mexico Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Mexico
Top Destination
United States$421B

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

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

In 2022, countries that imported more from Mexico than Denmark included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Denmark - Mexico

Flow
Scale

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

During 2022, Denmark had a large net trade with Mexico in the exports of Machines ($229M), Chemical Products ($78.2M), and Instruments ($41.8M).

During 2017, Mexico had a large net trade with Denmark in the exports of Machines ($98.4M), Chemical Products ($11.8M), and Instruments ($11.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Mexico+$16.8MPackaged Medicaments
Top Product Potential Mexico Denmark+$40.3MComputers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Mexico (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