Peru (PER) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Peru-Denmark Trade: In 2022, Peru exported $119M to Denmark. The main products that Peru exported to Denmark were Fish Oil ($54.1M), Lake Pigments ($18.7M), and Animal Meal and Pellets ($9.12M). Over the past 5 years the exports of Peru to Denmark have increased at an annualized rate of 6.88%, from $85.2M in 2017 to $119M in 2022.

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

Denmark-Peru Trade: In 2022, Denmark exported $71M to Peru. The main products that Denmark exported to Peru were Vaccines, blood, antisera, toxins and cultures ($8.34M), Starches ($4.5M), and Enzymes ($4.35M). Over the past 5 years the exports of Denmark to Peru have increased at an annualized rate of 5.2%, from $55.1M in 2017 to $71M in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $119M to Denmark. The main products exported from Peru to Denmark were Fish Oil ($54.1M), Lake Pigments ($18.7M), and Animal Meal and Pellets ($9.12M). During the last 5 years the exports of Peru to Denmark have increased at an annualized rate of 6.88%, from $85.2M in 2017 to $119M in 2022.

In 2017, Denmark exported $71M to Peru. The main products exported from Denmark to Peru were Vaccines, blood, antisera, toxins and cultures ($8.34M), Starches ($4.5M), and Enzymes ($4.35M). During the last 5 years the exports of Denmark to Peru have increased at an annualized rate of 5.2%, from $55.1M in 2022 to $71M in 2017.

Exports from Peru () to Denmark () (2022)

Exports from Denmark () to Peru () (2022)

Latest Data

Trade between Peru () and Denmark ()

Peru Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Peru than Denmark included China ($17.6B), Chile ($1.85B), and South Korea ($2.62B).

In 2022, countries that imported more from Denmark than Peru included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

Difference in imports from Denmark () and Peru () (2022)

Comparative Advantage Peru - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Denmark in the exports of Animal and Vegetable Bi-Products ($54.4M), Chemical Products ($26.3M), and Foodstuffs ($11.6M).

During 2017, Denmark had a large net trade with Peru in the exports of Chemical Products ($22.5M), Machines ($19.8M), and Instruments ($8.35M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Denmark+$3.03MAnimal Meal and Pellets

Top Product Potential Denmark Peru+$5.88MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Denmark () (2022)

Exports from Denmark () to Peru () (2022)

Latest Data

Trade between Peru () and Denmark ()

Peru Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Peru () (2022)

Comparative Advantage Peru - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Denmark () (2022)

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