2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Greece-Denmark Trade: In 2022, Greece exported $227M to Denmark. The main products that Greece exported to Denmark were Aluminium Plating ($28.5M), Refined Petroleum ($21.7M), and Aluminium Bars ($17.8M). Over the past 5 years the exports of Greece to Denmark have increased at an annualized rate of 0.82%, from $218M in 2017 to $227M in 2022.

In 2020, Greece exported services to Denmark worth $282M, with Transportation ($173M), Travel ($66.2M), and Other business services ($23.2M) being the largest in terms of value.

Denmark-Greece Trade: In 2022, Denmark exported $558M to Greece. The main products that Denmark exported to Greece were Packaged Medicaments ($53.2M), Passenger and Cargo Ships ($46.8M), and Cheese ($44.4M). Over the past 5 years the exports of Denmark to Greece have decreased at an annualized rate of 1.27%,  from $595M in 2017 to $558M in 2022.

In 2011, Denmark exported services to Greece worth $320M, with Transportation ($260M), Other business services ($26.6M), and Travel ($12M) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $227M to Denmark. The main products exported from Greece to Denmark were Aluminium Plating ($28.5M), Refined Petroleum ($21.7M), and Aluminium Bars ($17.8M). During the last 5 years the exports of Greece to Denmark have increased at an annualized rate of 0.82%, from $218M in 2017 to $227M in 2022.

In 2017, Denmark exported $558M to Greece. The main products exported from Denmark to Greece were Packaged Medicaments ($53.2M), Passenger and Cargo Ships ($46.8M), and Cheese ($44.4M). During the last 5 years the exports of Denmark to Greece have decreased at an annualized rate of 1.27%, from $595M in 2022 to $558M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Denmark (Flag)

Greece Exports

Denmark Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from Greece than Denmark included Bulgaria ($3.62B), Cyprus ($2.92B), and Italy ($5.82B).

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

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

Comparative Advantage Greece - Denmark

Flow
Scale

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

During 2022, Greece had a large net trade with Denmark in the exports of Metals ($64.9M), Foodstuffs ($27.7M), and Chemical Products ($25.7M).

During 2017, Denmark had a large net trade with Greece in the exports of Animal Products ($128M), Chemical Products ($99.4M), and Machines ($90.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Denmark+$15MRefined Petroleum
Top Product Potential Denmark Greece+$33.5MPackaged Medicaments

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

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

Product Space of Greece (Flag) and Denmark (Flag) (2022)

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