2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-North Korea Trade: In 2018, Denmark exported $29.7k to North Korea. The main products that Denmark exported to North Korea were N/A. Over the past 5 years the exports of Denmark to North Korea have decreased at an annualized rate of 16.9%, from $74.9k in 2013 to $29.7k in 2018.

In 2018, Denmark did not export any services to North Korea.

North Korea-Denmark Trade: In 2018, North Korea exported $48.7k to Denmark. The main products that North Korea exported to Denmark were Other Headwear ($31.3k), Office Machine Parts ($12.2k), and Medical Instruments ($3.98k). Over the past 5 years the exports of North Korea to Denmark have increased at an annualized rate of 20.9%,  from $18.8k in 2013 to $48.7k in 2018.

In 2018, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Denmark exported $29.7k to North Korea. There were not main exports from Denmark to North Korea in 2018. During the last 5 years the exports of Denmark to North Korea have decreased at an annualized rate of 16.9%, from $74.9k in 2013 to $29.7k in 2018.

In 2017, North Korea exported $48.7k to Denmark. The main products exported from North Korea to Denmark were Other Headwear ($31.3k), Office Machine Parts ($12.2k), and Medical Instruments ($3.98k). During the last 5 years the exports of North Korea to Denmark have increased at an annualized rate of 20.9%, from $18.8k in 2022 to $48.7k in 2017.

Exports from Denmark (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Denmark (Flag) (2022)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
North Korea
Top Destination
China$131M

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 2022, countries that imported more from Denmark than North Korea included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from North Korea than Denmark included Senegal ($26.9M).

Difference in imports from North Korea (Flag) and Denmark (Flag) (2022)

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 2018, Denmark had a large net trade with North Korea in the exports of .

During 2017, North Korea had a large net trade with Denmark in the exports of Footwear and Headwear ($31.3k), Machines ($12.2k), and Instruments ($5.12k).

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) (2022)

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