Chinese Taipei (TWN) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Denmark Trade: In 2022, Chinese Taipei exported $661M to Denmark. The main products that Chinese Taipei exported to Denmark were Iron Fasteners ($58.9M), Bi-Wheel Vehicle Parts ($50M), and Large Flat-Rolled Stainless Steel ($41.1M). Over the past 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 9.95%, from $411M in 2017 to $661M in 2022.

In 2022, Chinese Taipei did not export any services to Denmark.

Denmark-Chinese Taipei Trade: In 2022, Denmark exported $986M to Chinese Taipei. The main products that Denmark exported to Chinese Taipei were Electric Generating Sets ($227M), Other Engines ($141M), and Packaged Medicaments ($93M). Over the past 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 11.4%, from $372M in 2017 to $986M in 2022.

In 2022, Denmark did not export any services to Chinese Taipei.

Comparison: In 2022, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $661M to Denmark. The main products exported from Chinese Taipei to Denmark were Iron Fasteners ($58.9M), Bi-Wheel Vehicle Parts ($50M), and Large Flat-Rolled Stainless Steel ($41.1M). During the last 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 9.95%, from $411M in 2017 to $661M in 2022.

In 2017, Denmark exported $986M to Chinese Taipei. The main products exported from Denmark to Chinese Taipei were Electric Generating Sets ($227M), Other Engines ($141M), and Packaged Medicaments ($93M). During the last 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 11.4%, from $372M in 2022 to $986M in 2017.

Exports from Chinese Taipei () to Denmark () (2022)

Exports from Denmark () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Chinese Taipei than Denmark included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Denmark () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Denmark in the exports of Machines ($213M), Metals ($197M), and Transportation ($93.7M).

During 2017, Denmark had a large net trade with Chinese Taipei in the exports of Machines ($568M), Chemical Products ($135M), and Animal Products ($111M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Denmark () (2022)

Exports from Denmark () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Denmark () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Denmark () (2022)

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