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$4.23TCURRENT US$
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-32.5%CURRENT US$
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20.9%CURRENT US$
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-31.2%CURRENT US$
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About

Japan-Denmark Trade: In 2022, Japan exported $656M to Denmark. The main products that Japan exported to Denmark were N/A. Over the past 5 years the exports of Japan to Denmark have increased at an annualized rate of 6.26%, from $485M in 2017 to $656M in 2022.

In 2022, Japan did not export any services to Denmark.

Denmark-Japan Trade: In 2022, Denmark exported $2.28B to Japan. The main products that Denmark exported to Japan were Packaged Medicaments ($735M), Pig Meat ($389M), and Vaccines, blood, antisera, toxins and cultures ($98M). Over the past 5 years the exports of Denmark to Japan have increased at an annualized rate of 2.54%,  from $2.01B in 2017 to $2.28B in 2022.

In 2020, Denmark exported services to Japan worth $1.1B, with Transportation ($714M), Royalties and license fees ($237M), and Computer and information services ($73.1M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $656M to Denmark. There were not main exports from Japan to Denmark in 2022. During the last 5 years the exports of Japan to Denmark have increased at an annualized rate of 6.26%, from $485M in 2017 to $656M in 2022.

In 2017, Denmark exported $2.28B to Japan. The main products exported from Denmark to Japan were Packaged Medicaments ($735M), Pig Meat ($389M), and Vaccines, blood, antisera, toxins and cultures ($98M). During the last 5 years the exports of Denmark to Japan have increased at an annualized rate of 2.54%, from $2.01B in 2022 to $2.28B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from Japan than Denmark included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Denmark than Japan included Sweden ($11.6B), Norway ($6.53B), and Finland ($2.37B).

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

Comparative Advantage Japan - Denmark

Flow
Scale

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

During 2022, Japan had a large net trade with Denmark in the exports of Transportation ($293M), Machines ($150M), and Instruments ($66.5M).

During 2017, Denmark had a large net trade with Japan in the exports of Chemical Products ($1.02B), Animal Products ($524M), and Machines ($262M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Denmark+$90.8MCars
Top Product Potential Denmark Japan+$109MPackaged 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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Bilateral Service Trade

In 2020, Denmark exported services to Japan worth $1.1B, with Transportation ($714M), Royalties and license fees ($237M), and Computer and information services ($73.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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