Denmark (DNK) and Norway (NOR) Trade | The Observatory of Economic Complexity

About

Denmark-Norway In 2022, Denmark exported $6.53B to Norway. The main products that Denmark exported to Norway are Electricity ($370M), Other Furniture ($338M), and Refined Petroleum ($245M). During the last 27 years the exports of Denmark to Norway have increased at an annualized rate of 3.23%, from $2.77B in 1995 to $6.53B in 2022.

In 2020, Denmark exported services to Norway worth $3.74B, with Transportation ($1.27B), Other business services ($964M), and Computer and information services ($627M) being the largest in terms of value.

Norway-Denmark In 2022, Norway exported $6.43B to Denmark. The main products that Norway exported to Denmark were Electricity ($1.35B), Non-fillet Fresh Fish ($1.08B), and Crude Petroleum ($926M). During the last 27 years the exports of Norway to Denmark have increased at an annualized rate of 4.05%, from $2.2B in 1995 to $6.43B in 2022.

In 2009, Norway exported services to Denmark worth $2.71B, with Other business services ($942M), Travel ($633M), and Transportation ($486M) being the largest in terms of value.

Comparison In 2022, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Denmark exported $6.53B to Norway. The main products exported from Denmark to Norway were Electricity ($370M), Other Furniture ($338M), and Refined Petroleum ($245M). During the last 27 years the exports of Denmark to Norway have increased at an annualized rate of 3.23%, from $2.77B in 1995 to $6.53B in 2022.

In 2022, Norway exported $6.43B to Denmark. The main products exported from Norway to Denmark were Electricity ($1.35B), Non-fillet Fresh Fish ($1.08B), and Crude Petroleum ($926M). During the last 27 years the exports of Norway to Denmark have increased at an annualized rate of 4.05%, from $2.2B in 1995 to $6.43B in 2022.

Exports from Denmark () to Norway () (2022)

Exports from Norway () to Denmark () (2022)

Latest Data

Trade between Denmark () and Norway ()

Denmark Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Norway
Top DestinationGermany$78.1B

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

In 2021, countries that imported more from Denmark than Norway were United States ($13.1B), Japan ($2.28B), and Australia ($1.27B).

In 2021, countries that imported more from Norway than Denmark were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Denmark () (2022)

Comparative Advantage Denmark - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Norway in the exports of Machines ($1.28B), Mineral Products ($817M), and Chemical Products ($641M).

During 2022, Norway had a large net trade with Denmark in the exports of Mineral Products ($3.13B), Animal Products ($1.26B), and Metals ($645M).

Service Trade

Bilateral Service Trade

Nor Year

Dnk Year

In 2020, Denmark exported services to Norway worth $3.74B, with Transportation ($1.27B), Other business services ($964M), and Computer and information services ($627M) being the largest in terms of value.

In 2009, Norway exported services to Denmark worth $2.71B, with Other business services ($942M), Travel ($633M), and Transportation ($486M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to Norway () (2020)

Services Exports from Norway () to Denmark () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Denmark has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Denmark.

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Norway () (2022)

Exports from Norway () to Denmark () (2022)

Latest Data

Trade between Denmark () and Norway ()

Denmark Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Denmark () (2022)

Comparative Advantage Denmark - Norway

Service Trade

Bilateral Service Trade

Services Exports from Denmark () to Norway () (2020)

Services Exports from Norway () to Denmark () (2009)

Economic Complexity

Competitive Landscape

Product Space of Denmark () and Norway () (2022)

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