2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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

North Korea-Denmark Trade: In 2022, North Korea exported $48.7k to Denmark. The main products that North Korea exported to Denmark were Other Headwear ($31.3k), Office Machine Parts ($12.2k), and Medical Instruments ($3.98k). Over the past 5 years the exports of North Korea to Denmark have increased at an annualized rate of 20.9%, from $18.8k in 2017 to $48.7k in 2022.

In 2022, North Korea did not export any services to Denmark.

Denmark-North Korea Trade: In 2022, Denmark exported $29.7k to North Korea. The main products that Denmark exported to North Korea were N/A. Over the past 5 years the exports of Denmark to North Korea have decreased at an annualized rate of 16.9%,  from $74.9k in 2017 to $29.7k in 2022.

In 2022, Denmark did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. 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, North Korea exported $48.7k to Denmark. The main products exported from North Korea to Denmark were Other Headwear ($31.3k), Office Machine Parts ($12.2k), and Medical Instruments ($3.98k). During the last 5 years the exports of North Korea to Denmark have increased at an annualized rate of 20.9%, from $18.8k in 2017 to $48.7k in 2022.

In 2013, Denmark exported $29.7k to North Korea. There were not main exports from Denmark to North Korea in 2013. During the last 5 years the exports of Denmark to North Korea have decreased at an annualized rate of 16.9%, from $74.9k in 2018 to $29.7k in 2013.

Exports from North Korea (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from North Korea than Denmark included Senegal ($26.9M).

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

Difference in imports from Denmark (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Denmark

Flow
Scale

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

During 2022, North Korea had a large net trade with Denmark in the exports of Footwear and Headwear ($31.3k), Machines ($12.2k), and Instruments ($5.12k).

During 2013, Denmark had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Denmark (Flag) (2022)

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