2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Denmark-Netherlands Trade: In 2023, Denmark exported $7.89B to Netherlands. The main products that Denmark exported to Netherlands were Vaccines, blood, antisera, toxins and cultures ($1.01B), Refined Petroleum ($825M), and Cars ($257M). Over the past 5 years the exports of Denmark to Netherlands have increased at an annualized rate of 10.6%, from $4.77B in 2018 to $7.89B in 2023.

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

Netherlands-Denmark Trade: In 2023, Netherlands exported $11.3B to Denmark. The main products that Netherlands exported to Denmark were Cars ($812M), Broadcasting Equipment ($630M), and Computers ($566M). Over the past 5 years the exports of Netherlands to Denmark have increased at an annualized rate of 7.33%,  from $7.95B in 2018 to $11.3B in 2023.

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $7.89B to Netherlands. The main products exported from Denmark to Netherlands were Vaccines, blood, antisera, toxins and cultures ($1.01B), Refined Petroleum ($825M), and Cars ($257M). During the last 5 years the exports of Denmark to Netherlands have increased at an annualized rate of 10.6%, from $4.77B in 2018 to $7.89B in 2023.

In 2018, Netherlands exported $11.3B to Denmark. The main products exported from Netherlands to Denmark were Cars ($812M), Broadcasting Equipment ($630M), and Computers ($566M). During the last 5 years the exports of Netherlands to Denmark have increased at an annualized rate of 7.33%, from $7.95B in 2023 to $11.3B in 2018.

Exports from Denmark (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Netherlands (Flag)

Denmark Exports

Netherlands Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Denmark than Netherlands included Greenland ($647M), Marshall Islands ($263M), and Liberia ($197M).

In 2023, countries that imported more from Netherlands than Denmark included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Netherlands

Flow
Scale

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

During 2023, Denmark had a large net trade with Netherlands in the exports of Chemical Products ($1.68B), Machines ($1.26B), and Mineral Products ($1.25B).

During 2018, Netherlands had a large net trade with Denmark in the exports of Machines ($3.19B), Transportation ($1.36B), and Chemical Products ($1.13B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Netherlands+$148MPackaged Medicaments
Top Product Potential Netherlands Denmark+$82.3MRefined Petroleum

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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Bilateral Service Trade

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Denmark.

Product Space of Denmark (Flag) and Netherlands (Flag) (2023)

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