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2022
Flag → Flag
Exports $226MRnk 35 / 191
2022
Flag → Flag
Top Product $37.4MBedspreads
2022
Flag → Flag
Exports $333MRnk 44 / 218
2022
Flag → Flag
Top Product $27.7MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Ukraine-Denmark Trade: In 2022, Ukraine exported $226M to Denmark. The main products that Ukraine exported to Denmark were Bedspreads ($37.4M), Seats ($17.8M), and Other Furniture ($14.4M). Over the past 5 years the exports of Ukraine to Denmark have increased at an annualized rate of 3.2%, from $193M in 2017 to $226M in 2022.

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

Denmark-Ukraine Trade: In 2022, Denmark exported $333M to Ukraine. The main products that Denmark exported to Ukraine were Non-fillet Frozen Fish ($27.7M), Pig Meat ($27.1M), and Refined Petroleum ($25M). Over the past 5 years the exports of Denmark to Ukraine have increased at an annualized rate of 4.7%,  from $265M in 2017 to $333M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $226M to Denmark. The main products exported from Ukraine to Denmark were Bedspreads ($37.4M), Seats ($17.8M), and Other Furniture ($14.4M). During the last 5 years the exports of Ukraine to Denmark have increased at an annualized rate of 3.2%, from $193M in 2017 to $226M in 2022.

In 2017, Denmark exported $333M to Ukraine. The main products exported from Denmark to Ukraine were Non-fillet Frozen Fish ($27.7M), Pig Meat ($27.1M), and Refined Petroleum ($25M). During the last 5 years the exports of Denmark to Ukraine have increased at an annualized rate of 4.7%, from $265M in 2022 to $333M in 2017.

Exports from Ukraine (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Denmark (Flag)

Ukraine Exports

Denmark Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Ukraine than Denmark included Romania ($3.94B), Poland ($6.7B), and Turkey ($3.02B).

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

Difference in imports from Denmark (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - Denmark

Flow
Scale

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

During 2022, Ukraine had a large net trade with Denmark in the exports of Textiles ($75.2M), Miscellaneous ($37.6M), and Metals ($27.2M).

During 2017, Denmark had a large net trade with Ukraine in the exports of Animal Products ($75.3M), Machines ($60.7M), and Textiles ($37.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Denmark+$6.56MSemi-Finished Iron
Top Product Potential Denmark Ukraine+$19.6MRefined Petroleum

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

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

Product Space of Ukraine (Flag) and Denmark (Flag) (2022)

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