Denmark (DNK) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Denmark-Saudi Arabia Trade: In 2022, Denmark exported $456M to Saudi Arabia. The main products that Denmark exported to Saudi Arabia were Malt Extract ($122M), Other Edible Preparations ($37.7M), and Butter ($27.2M). Over the past 5 years the exports of Denmark to Saudi Arabia have decreased at an annualized rate of 9.28%, from $742M in 2017 to $456M in 2022.

In 2022, Denmark did not export any services to Saudi Arabia.

Saudi Arabia-Denmark Trade: In 2022, Saudi Arabia exported $97.4M to Denmark. The main products that Saudi Arabia exported to Denmark were Refined Petroleum ($62.3M), Propylene Polymers ($24.4M), and Coal Tar Oil ($2.95M). Over the past 5 years the exports of Saudi Arabia to Denmark have increased at an annualized rate of 20.5%, from $38.3M in 2017 to $97.4M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Denmark exported $456M to Saudi Arabia. The main products exported from Denmark to Saudi Arabia were Malt Extract ($122M), Other Edible Preparations ($37.7M), and Butter ($27.2M). During the last 5 years the exports of Denmark to Saudi Arabia have decreased at an annualized rate of 9.28%, from $742M in 2017 to $456M in 2022.

In 2017, Saudi Arabia exported $97.4M to Denmark. The main products exported from Saudi Arabia to Denmark were Refined Petroleum ($62.3M), Propylene Polymers ($24.4M), and Coal Tar Oil ($2.95M). During the last 5 years the exports of Saudi Arabia to Denmark have increased at an annualized rate of 20.5%, from $38.3M in 2022 to $97.4M in 2017.

Exports from Denmark () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Denmark () (2022)

Latest Data

Trade between Denmark () and Saudi Arabia ()

Denmark Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Denmark than Saudi Arabia included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

In 2022, countries that imported more from Saudi Arabia than Denmark included China ($68B), India ($46.2B), and South Korea ($36B).

Difference in imports from Saudi Arabia () and Denmark () (2022)

Comparative Advantage Denmark - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Saudi Arabia in the exports of Foodstuffs ($172M), Machines ($97.2M), and Chemical Products ($61.3M).

During 2017, Saudi Arabia had a large net trade with Denmark in the exports of Mineral Products ($65.3M), Plastics and Rubbers ($26.1M), and Machines ($2.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Saudi Arabia+$12.6MVaccines, blood, antisera, toxins and cultures

Top Product Potential Saudi Arabia Denmark+$54.2MRefined Petroleum

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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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Denmark () (2022)

Latest Data

Trade between Denmark () and Saudi Arabia ()

Denmark Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Denmark () (2022)

Comparative Advantage Denmark - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and Saudi Arabia () (2022)

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