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2022
Flag → Flag
Exports $488MRnk 62 / 223
2022
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Top Product $237MSoybean Meal
2022
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Exports $1BRnk 22 / 218
2022
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Top Product $360MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Brazil-Denmark In 2022, Brazil exported $488M to Denmark. The main products that Brazil exported to Denmark are Soybean Meal ($237M), Packaged Medicaments ($53.5M), and Semi-Finished Iron ($23M). During the last 27 years the exports of Brazil to Denmark have increased at an annualized rate of 2.81%, from $231M in 1995 to $488M in 2022.

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

Denmark-Brazil In 2022, Denmark exported $1B to Brazil. The main products that Denmark exported to Brazil were Packaged Medicaments ($360M), Enzymes ($82.7M), and Hormones ($50.4M). During the last 27 years the exports of Denmark to Brazil have increased at an annualized rate of 6.17%, from $199M in 1995 to $1B in 2022.

In 2020, Denmark exported services to Brazil worth $860M, with Transportation ($801M), Construction services ($18.5M), and Other business services ($17M) being the largest in terms of value.

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

March, 2024

About

Overview In March 2024, Brazil exported $60.7M and imported $78.2M from Denmark, resulting in a negative trade balance of $17.5M. Between March 2023 and March 2024 the exports of Brazil have increased by $23.4M (62.6%) from $37.3M to $60.7M, while imports decreased by $-36.9M (-32.1%) from $115M to $78.2M.

Trade In March 2024, the top exports of Brazil to Denmark were Packaged Medicaments ($5.15M), Enzymes ($3.66M), Hot-Rolled Iron ($2.42M), Fuel Wood ($2.22M), and Coffee ($1.1M). In March 2024 the top imports of Brazil from Denmark were Packaged Medicaments ($29.1M), Vaccines, blood, antisera, toxins and cultures ($24.6M), Enzymes ($8.8M), Hormones ($6.26M), and Orthopedic Appliances ($5.48M).

Origins In March 2024 the exports of Brazil were mainly from Paraná ($15.3M), Mato Grosso ($13.3M), Goiás ($7.37M), Minas Gerais ($5.97M), and São Paulo ($4.69M), while imports destinations were mainly São Paulo ($30M), Paraná ($23M), Rio de Janeiro ($10.3M), Minas Gerais ($7.4M), and Santa Catarina ($2.66M).

Growth In March 2024, the increase in Brazil's year-by-year exports to Denmark was explained primarily by an increase in product exports in Enzymes ($3.66M or 2.03M%), Vegetable Saps ($759k or 379%), and Plywood ($190k or 24.5%). In March 2024, the decrease in Brazil's year-by-year imports  from Denmark was explained primarily by an decrease in product imports  in Packaged Medicaments ($-8.19M or -22%), Pesticides ($-5.74M or -59.2%), and Hormones ($-2.98M or -32.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)$23.4M(62.6%)
IMPORT GROWTH (March 2023 - March 2024)$-36.9M(-32.1%)
MAIN EXPORTER (March 2024)Paraná$15.3M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Denmark and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $488M to Denmark. The main products exported from Brazil to Denmark were Soybean Meal ($237M), Packaged Medicaments ($53.5M), and Semi-Finished Iron ($23M). During the last 27 years the exports of Brazil to Denmark have increased at an annualized rate of 2.81%, from $231M in 1995 to $488M in 2022.

In 2022, Denmark exported $1B to Brazil. The main products exported from Denmark to Brazil were Packaged Medicaments ($360M), Enzymes ($82.7M), and Hormones ($50.4M). During the last 27 years the exports of Denmark to Brazil have increased at an annualized rate of 6.17%, from $199M in 1995 to $1B in 2022.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Denmark
Top DestinationGermany$18.9B

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

In 2021, countries that imported more from Brazil than Denmark were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Denmark than Brazil were Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

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

Comparative Advantage Brazil - Denmark

Flow
Scale

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

During 2022, Brazil had a large net trade with Denmark in the exports of Foodstuffs ($264M), Chemical Products ($67.2M), and Wood Products ($55M).

During 2022, Denmark had a large net trade with Brazil in the exports of Chemical Products ($609M), Machines ($185M), and Instruments ($63.2M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to Brazil worth $860M, with Transportation ($801M), Construction services ($18.5M), and Other business services ($17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Brazil (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Brazil.

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

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