Denmark / Venezuela

Denmark-Venezuela Trade: In 2023, Denmark exported $11.2M to Venezuela. The main products that Denmark exported to Venezuela were Reaction and Catalytic Products ($3.08M), Office Machine Parts ($1.67M), and Other Agricultural Machinery ($1.15M). Over the past 5 years the exports of Denmark to Venezuela have decreased at an annualized rate of 0.38%, from $11.4M in 2018 to $11.2M in 2023.

In 2020, Denmark exported services to Venezuela worth $4.57M, with Transportation ($2.4M), Government services, n.i.e. ($1.48M), and Other business services ($343k) being the largest in terms of value.

Venezuela-Denmark Trade: In 2023, Venezuela exported $175k to Denmark. The main products that Venezuela exported to Denmark were Processed Crustaceans ($155k), Collector's Items ($7.68k), and Dried Legumes ($6.34k). Over the past 5 years the exports of Venezuela to Denmark have decreased at an annualized rate of 1.97%,  from $193k in 2018 to $175k in 2023.

In 2023, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).