2022
Exports
$18.6BWorld Rnk 12 / 223
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$5.65BWorld Rnk 25 / 226
Flag Rnk 5 / 96
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $18.6B in Pharmaceutical products, making it the 12th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 1st most exported product in Denmark. The main destination of Pharmaceutical products exports from Denmark are: United States ($6.71B), Germany ($871M), France ($870M), Japan ($856M), and China ($843M).

The fastest growing export markets for Pharmaceutical products of Denmark between 2021 and 2022 were Canada ($236M), Brazil ($133M), and United States ($122M).

Imports In 2022, Denmark imported $5.65B in Pharmaceutical products, becoming the 25th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in Denmark. Denmark imports Pharmaceutical products primarily from: Germany ($1.05B), China ($641M), France ($492M), Czechia ($481M), and Netherlands ($416M).

The fastest growing import markets in Pharmaceutical products for Denmark between 2021 and 2022 were Spain ($28.8M), Norway ($28.4M), and Italy ($18.9M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.6B
IMPORTS (2022)$5.65B
NET TRADE (2022)$12.9B

In 2022, Denmark exported $18.6B in Pharmaceutical products. The main destinations of Denmark exports on Pharmaceutical products were United States ($6.71B), Germany ($871M), France ($870M), Japan ($856M), and China ($843M).

In 2022, Denmark imported $5.65B in Pharmaceutical products, mainly from Germany ($1.05B), China ($641M), France ($492M), Czechia ($481M), and Netherlands ($416M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Denmark WERE (2021 - 2022):
Canada$236M (55.3%)
Brazil$133M (53.9%)
United States$122M (1.85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Denmark WERE (2021 - 2022):
Saudi Arabia-$280M (-95%)
China-$243M (-22.3%)
Spain-$198M (-28.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Pharmaceutical products were:
In 2022, Denmark's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $869M
TOP IMPORT POTENTIALGermany+ $534M

Pharmaceutical products’s highest export potential is Germany. With an export gap of $869M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $534M.

See methodology.

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