2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Denmark-Palestine Trade: In 2023, Denmark exported $1.16M to Palestine. The main products that Denmark exported to Palestine were Potatoes ($401k), Motor vehicles; parts and accessories (8701 to 8705) ($195k), and Malt Extract ($88.9k). Over the past 5 years the exports of Denmark to Palestine have decreased at an annualized rate of 37.4%, from $12M in 2018 to $1.16M in 2023.

In 2023, Denmark did not export any services to Palestine.

Palestine-Denmark Trade: In 2023, Palestine exported $162k to Denmark. The main products that Palestine exported to Denmark were Tropical Fruits ($116k), Pure Olive Oil ($22k), and Beer ($13k). Over the past 5 years the exports of Palestine to Denmark have increased at an annualized rate of 15.4%,  from $79.3k in 2018 to $162k in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $1.16M to Palestine. The main products exported from Denmark to Palestine were Potatoes ($401k), Motor vehicles; parts and accessories (8701 to 8705) ($195k), and Malt Extract ($88.9k). During the last 5 years the exports of Denmark to Palestine have decreased at an annualized rate of 37.4%, from $12M in 2018 to $1.16M in 2023.

In 2018, Palestine exported $162k to Denmark. The main products exported from Palestine to Denmark were Tropical Fruits ($116k), Pure Olive Oil ($22k), and Beer ($13k). During the last 5 years the exports of Palestine to Denmark have increased at an annualized rate of 15.4%, from $79.3k in 2023 to $162k in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Palestine (Flag)

Denmark Exports

Palestine Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Palestine
Top Destination
Jordan$96.6M

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

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

In 2023, countries that imported more from Palestine than Denmark included Jordan ($96.6M).

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

Comparative Advantage Denmark - Palestine

Flow
Scale

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

During 2023, Denmark had a large net trade with Palestine in the exports of Vegetable Products ($401k), Foodstuffs ($196k), and Transportation ($195k).

During 2018, Palestine had a large net trade with Denmark in the exports of Vegetable Products ($117k), Animal and Vegetable Bi-Products ($22k), and Foodstuffs ($13k).

Economic Complexity

Competitive Landscape

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

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

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