2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Macau-Denmark Trade: In 2023, Macau exported $924k to Denmark. The main products that Macau exported to Denmark were Iron Stovetops ($381k), Printed Circuit Boards ($220k), and Knit Sweaters ($220k). Over the past 5 years the exports of Macau to Denmark have increased at an annualized rate of 45.4%, from $142k in 2018 to $924k in 2023.

In 2023, Macau did not export any services to Denmark.

Denmark-Macau Trade: In 2023, Denmark exported $23.8M to Macau. The main products that Denmark exported to Macau were Baked Goods ($4.57M), Packaged Medicaments ($3.31M), and Other toys ($2.38M). Over the past 5 years the exports of Denmark to Macau have increased at an annualized rate of 11.5%,  from $13.8M in 2018 to $23.8M in 2023.

In 2023, Denmark did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Macau exported $924k to Denmark. The main products exported from Macau to Denmark were Iron Stovetops ($381k), Printed Circuit Boards ($220k), and Knit Sweaters ($220k). During the last 5 years the exports of Macau to Denmark have increased at an annualized rate of 45.4%, from $142k in 2018 to $924k in 2023.

In 2018, Denmark exported $23.8M to Macau. The main products exported from Denmark to Macau were Baked Goods ($4.57M), Packaged Medicaments ($3.31M), and Other toys ($2.38M). During the last 5 years the exports of Denmark to Macau have increased at an annualized rate of 11.5%, from $13.8M in 2023 to $23.8M in 2018.

Exports from Macau (Flag) to Denmark (Flag) (2023)

Exports from Denmark (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and Denmark (Flag)

Macau Exports

Denmark Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Denmark
Top Destination
Germany$14.8B

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

In 2023, countries that imported more from Macau than Denmark included Hong Kong ($1.4B).

In 2023, countries that imported more from Denmark than Macau included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

Difference in imports from Denmark (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Denmark

Flow
Scale

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

During 2023, Macau had a large net trade with Denmark in the exports of Metals ($381k), Textiles ($255k), and Machines ($226k).

During 2018, Denmark had a large net trade with Macau in the exports of Foodstuffs ($5.66M), Instruments ($4.58M), and Chemical Products ($3.83M).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Denmark (Flag) (2023)

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