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2023
Flag → Flag
Exports $517MRnk 37 / 217
2023
Flag → Flag
Top Product $51.5MNon-fillet Fresh Fish
2023
Flag → Flag
Exports $570MRnk 22 / 211
2023
Flag → Flag
Top Product $70.6MLeather Footwear
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Denmark-Portugal Trade: In 2023, Denmark exported $517M to Portugal. The main products that Denmark exported to Portugal were Non-fillet Fresh Fish ($51.5M), Packaged Medicaments ($42.9M), and Non-fillet Frozen Fish ($38.8M). Over the past 5 years the exports of Denmark to Portugal have increased at an annualized rate of 1.68%, from $476M in 2018 to $517M in 2023.

In 2020, Denmark exported services to Portugal worth $192M, with Transportation ($116M), Other business services ($23.4M), and Communications services ($11M) being the largest in terms of value.

Portugal-Denmark Trade: In 2023, Portugal exported $570M to Denmark. The main products that Portugal exported to Denmark were Leather Footwear ($70.6M), Hormones ($67.1M), and Cars ($51.6M). Over the past 5 years the exports of Portugal to Denmark have increased at an annualized rate of 2.85%,  from $495M in 2018 to $570M in 2023.

In 2020, Portugal exported services to Denmark worth $43.4M, with Travel ($43.4M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $517M to Portugal. The main products exported from Denmark to Portugal were Non-fillet Fresh Fish ($51.5M), Packaged Medicaments ($42.9M), and Non-fillet Frozen Fish ($38.8M). During the last 5 years the exports of Denmark to Portugal have increased at an annualized rate of 1.68%, from $476M in 2018 to $517M in 2023.

In 2018, Portugal exported $570M to Denmark. The main products exported from Portugal to Denmark were Leather Footwear ($70.6M), Hormones ($67.1M), and Cars ($51.6M). During the last 5 years the exports of Portugal to Denmark have increased at an annualized rate of 2.85%, from $495M in 2023 to $570M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Portugal (Flag)

Denmark Exports

Portugal Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Denmark included Spain ($17.7B), France ($9.19B), and Angola ($1.64B).

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

Comparative Advantage Denmark - Portugal

Flow
Scale

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

During 2023, Denmark had a large net trade with Portugal in the exports of Animal Products ($141M), Chemical Products ($106M), and Machines ($89.5M).

During 2018, Portugal had a large net trade with Denmark in the exports of Textiles ($121M), Chemical Products ($88.2M), and Footwear and Headwear ($77.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Portugal+$30.8MPackaged Medicaments
Top Product Potential Portugal Denmark+$12.4MCars

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 Portugal worth $192M, with Transportation ($116M), Other business services ($23.4M), and Communications services ($11M) being the largest in terms of value.

In 2020, Portugal exported services to Denmark worth $43.4M, with Travel ($43.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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