2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-North Korea Trade: In 2023, Denmark exported $110k to North Korea. The main products that Denmark exported to North Korea were Paper Containers ($110k). Over the past 9 years the exports of Denmark to North Korea have increased at an annualized rate of 181%, from $10 in 2014 to $110k in 2023.

In 2023, Denmark did not export any services to North Korea.

North Korea-Denmark Trade: In 2023, North Korea exported $2.07k to Denmark. The main products that North Korea exported to Denmark were Engine Parts ($1.82k), Flavored Water ($133), and Eyewear ($68). Over the past 9 years the exports of North Korea to Denmark have increased at an annualized rate of 3.23%,  from $1.77k in 2014 to $2.07k in 2023.

In 2023, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $110k to North Korea. The main products exported from Denmark to North Korea were Paper Containers ($110k). During the last 9 years the exports of Denmark to North Korea have increased at an annualized rate of 181%, from $10 in 2014 to $110k in 2023.

In 2018, North Korea exported $2.07k to Denmark. The main products exported from North Korea to Denmark were Engine Parts ($1.82k), Flavored Water ($133), and Eyewear ($68). During the last 5 years the exports of North Korea to Denmark have increased at an annualized rate of 3.23%, from $1.77k in 2023 to $2.07k in 2018.

Exports from Denmark (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and North Korea (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from Denmark than North Korea included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from North Korea than Denmark included Samoa ($962k).

Difference in imports from North Korea (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - North Korea

Flow
Scale

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

During 2023, Denmark had a large net trade with North Korea in the exports of Paper Goods ($110k).

During 2018, North Korea had a large net trade with Denmark in the exports of Machines ($1.82k), Foodstuffs ($133), and Instruments ($68).

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and North Korea (Flag) (2023)

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