Qatar (QAT) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Qatar-Denmark Trade: In 2022, Qatar exported $39.5M to Denmark. The main products that Qatar exported to Denmark were Refined Petroleum ($31M), Hydrogen ($3.94M), and Ethylene Polymers ($1.01M). Over the past 5 years the exports of Qatar to Denmark have decreased at an annualized rate of 20.1%, from $121M in 2017 to $39.5M in 2022.

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

Denmark-Qatar Trade: In 2022, Denmark exported $160M to Qatar. The main products that Denmark exported to Qatar were Packaged Medicaments ($24.7M), Malt Extract ($10.9M), and Butter ($9.43M). Over the past 5 years the exports of Denmark to Qatar have increased at an annualized rate of 7.43%, from $112M in 2017 to $160M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). 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, Qatar exported $39.5M to Denmark. The main products exported from Qatar to Denmark were Refined Petroleum ($31M), Hydrogen ($3.94M), and Ethylene Polymers ($1.01M). During the last 5 years the exports of Qatar to Denmark have decreased at an annualized rate of 20.1%, from $121M in 2017 to $39.5M in 2022.

In 2017, Denmark exported $160M to Qatar. The main products exported from Denmark to Qatar were Packaged Medicaments ($24.7M), Malt Extract ($10.9M), and Butter ($9.43M). During the last 5 years the exports of Denmark to Qatar have increased at an annualized rate of 7.43%, from $112M in 2022 to $160M in 2017.

Exports from Qatar () to Denmark () (2022)

Exports from Denmark () to Qatar () (2022)

Latest Data

Trade between Qatar () and Denmark ()

Qatar Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Qatar than Denmark included India ($17.4B), China ($21.1B), and Japan ($12B).

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

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

Comparative Advantage Qatar - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Denmark in the exports of Mineral Products ($31M), Chemical Products ($4.07M), and Machines ($2.16M).

During 2017, Denmark had a large net trade with Qatar in the exports of Machines ($43.4M), Chemical Products ($31.8M), and Animal Products ($29.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Denmark+$22.7MRefined Petroleum

Top Product Potential Denmark Qatar+$11.1MPackaged 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 Qatar and Denmark. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Denmark () (2022)

Exports from Denmark () to Qatar () (2022)

Latest Data

Trade between Qatar () and Denmark ()

Qatar Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage Qatar - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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