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2022
Flag → Flag
Exports $521MRnk 34 / 218
2022
Flag → Flag
Top Product $73.8MUnpackaged Medicaments
2022
Flag → Flag
Exports $658MRnk 20 / 208
2022
Flag → Flag
Top Product $154MHormones
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Denmark-Portugal Trade: In 2022, Denmark exported $521M to Portugal. The main products that Denmark exported to Portugal were Unpackaged Medicaments ($73.8M), Packaged Medicaments ($43.9M), and Non-fillet Fresh Fish ($31.4M). Over the past 5 years the exports of Denmark to Portugal have increased at an annualized rate of 8.07%, from $353M in 2017 to $521M in 2022.

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 2022, Portugal exported $658M to Denmark. The main products that Portugal exported to Denmark were Hormones ($154M), Leather Footwear ($91.5M), and Cars ($36.1M). Over the past 5 years the exports of Portugal to Denmark have increased at an annualized rate of 9.45%,  from $419M in 2017 to $658M in 2022.

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

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $521M to Portugal. The main products exported from Denmark to Portugal were Unpackaged Medicaments ($73.8M), Packaged Medicaments ($43.9M), and Non-fillet Fresh Fish ($31.4M). During the last 5 years the exports of Denmark to Portugal have increased at an annualized rate of 8.07%, from $353M in 2017 to $521M in 2022.

In 2017, Portugal exported $658M to Denmark. The main products exported from Portugal to Denmark were Hormones ($154M), Leather Footwear ($91.5M), and Cars ($36.1M). During the last 5 years the exports of Portugal to Denmark have increased at an annualized rate of 9.45%, from $419M in 2022 to $658M in 2017.

Exports from Denmark (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and Portugal (Flag)

Denmark Exports

Portugal Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Portugal than Denmark included Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

Difference in imports from Portugal (Flag) and Denmark (Flag) (2022)

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 2022, Denmark had a large net trade with Portugal in the exports of Chemical Products ($151M), Machines ($111M), and Animal Products ($93.8M).

During 2017, Portugal had a large net trade with Denmark in the exports of Chemical Products ($175M), Textiles ($121M), and Footwear and Headwear ($102M).

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) (2022)

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