Denmark (DNK) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Denmark-Malaysia Trade: In 2023, Denmark exported $306M to Malaysia. The main products that Denmark exported to Malaysia were Pig Meat ($43.7M), Packaged Medicaments ($32.9M), and Other Edible Preparations ($20.9M). Over the past 5 years the exports of Denmark to Malaysia have increased at an annualized rate of 2.86%, from $265M in 2018 to $306M in 2023.

In 2020, Denmark exported services to Malaysia worth $224M, with Transportation ($192M), Other business services ($12.6M), and Computer and information services ($6.74M) being the largest in terms of value.

Malaysia-Denmark Trade: In 2023, Malaysia exported $247M to Denmark. The main products that Malaysia exported to Denmark were Palm Oil ($55.3M), Electrical Control Boards ($24.7M), and Stearic Acid ($21M). Over the past 5 years the exports of Malaysia to Denmark have increased at an annualized rate of 2.9%, from $214M in 2018 to $247M in 2023.

In 2023, Malaysia did not export any services to Denmark.

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $306M to Malaysia. The main products exported from Denmark to Malaysia were Pig Meat ($43.7M), Packaged Medicaments ($32.9M), and Other Edible Preparations ($20.9M). During the last 5 years the exports of Denmark to Malaysia have increased at an annualized rate of 2.86%, from $265M in 2018 to $306M in 2023.

In 2018, Malaysia exported $247M to Denmark. The main products exported from Malaysia to Denmark were Palm Oil ($55.3M), Electrical Control Boards ($24.7M), and Stearic Acid ($21M). During the last 5 years the exports of Malaysia to Denmark have increased at an annualized rate of 2.9%, from $214M in 2023 to $247M in 2018.

Exports from Denmark () to Malaysia () (2023)

Exports from Malaysia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Malaysia ()

Denmark Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Denmark than Malaysia included Sweden ($11.2B), Norway ($4.75B), and Germany ($14.8B).

In 2023, countries that imported more from Malaysia than Denmark included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia () and Denmark () (2023)

Comparative Advantage Denmark - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Malaysia in the exports of Chemical Products ($78.3M), Animal Products ($71.6M), and Machines ($47.7M).

During 2018, Malaysia had a large net trade with Denmark in the exports of Machines ($81.6M), Animal and Vegetable Bi-Products ($77M), and Plastics and Rubbers ($24M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Malaysia+$20.4MPackaged Medicaments

Top Product Potential Malaysia Denmark+$23.4MIntegrated Circuits

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to Malaysia () (2023)

Exports from Malaysia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Malaysia ()

Denmark Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Denmark () (2023)

Comparative Advantage Denmark - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and Malaysia () (2023)

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