Denmark (DNK) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Denmark-South Africa Trade: In 2023, Denmark exported $308M to South Africa. The main products that Denmark exported to South Africa were Packaged Medicaments ($52M), Enzymes ($31M), and Other Edible Preparations ($9.08M). Over the past 5 years the exports of Denmark to South Africa have increased at an annualized rate of 0.92%, from $295M in 2018 to $308M in 2023.

In 2020, Denmark exported services to South Africa worth $644M, with Transportation ($557M), Computer and information services ($35.3M), and Other business services ($16.1M) being the largest in terms of value.

South Africa-Denmark Trade: In 2023, South Africa exported $148M to Denmark. The main products that South Africa exported to Denmark were Coal Briquettes ($69.7M), Wine ($24.3M), and Fish Oil ($20.1M). Over the past 5 years the exports of South Africa to Denmark have increased at an annualized rate of 2.44%, from $131M in 2018 to $148M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $308M to South Africa. The main products exported from Denmark to South Africa were Packaged Medicaments ($52M), Enzymes ($31M), and Other Edible Preparations ($9.08M). During the last 5 years the exports of Denmark to South Africa have increased at an annualized rate of 0.92%, from $295M in 2018 to $308M in 2023.

In 2018, South Africa exported $148M to Denmark. The main products exported from South Africa to Denmark were Coal Briquettes ($69.7M), Wine ($24.3M), and Fish Oil ($20.1M). During the last 5 years the exports of South Africa to Denmark have increased at an annualized rate of 2.44%, from $131M in 2023 to $148M in 2018.

Exports from Denmark () to South Africa () (2023)

Exports from South Africa () to Denmark () (2023)

Latest Data

Trade between Denmark () and South Africa ()

Denmark Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Denmark than South Africa included Sweden ($11.2B), Netherlands ($7.89B), and France ($5.24B).

In 2023, countries that imported more from South Africa than Denmark included China ($29.5B), India ($10.8B), and Mozambique ($6.13B).

Difference in imports from South Africa () and Denmark () (2023)

Comparative Advantage Denmark - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with South Africa in the exports of Chemical Products ($127M), Machines ($72.3M), and Foodstuffs ($27M).

During 2018, South Africa had a large net trade with Denmark in the exports of Mineral Products ($71M), Foodstuffs ($33.9M), and Animal and Vegetable Bi-Products ($20.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark South Africa+$26.6MPackaged Medicaments

Top Product Potential South Africa Denmark+$4.1MRefined 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 South Africa. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Denmark.

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to South Africa () (2023)

Exports from South Africa () to Denmark () (2023)

Latest Data

Trade between Denmark () and South Africa ()

Denmark Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Denmark () (2023)

Comparative Advantage Denmark - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and South Africa () (2023)

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