Germany (DEU) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Germany-Denmark In 2022, Germany exported $25.4B to Denmark. The main products that Germany exported to Denmark are Cars ($2.31B), Petroleum Gas ($1.64B), and Electricity ($630M). During the last 27 years the exports of Germany to Denmark have increased at an annualized rate of 3.67%, from $9.6B in 1995 to $25.4B in 2022.

In 2020, Germany exported services to Denmark worth $3.51B, with Transportation ($1.27B), Other business services ($848M), and Travel ($828M) being the largest in terms of value.

Denmark-Germany In 2022, Denmark exported $18.9B to Germany. The main products that Denmark exported to Germany were Electricity ($2.41B), Cars ($958M), and Packaged Medicaments ($568M). During the last 27 years the exports of Denmark to Germany have increased at an annualized rate of 2.4%, from $9.94B in 1995 to $18.9B in 2022.

In 2020, Denmark exported services to Germany worth $7.17B, with Transportation ($2.76B), Travel ($1.8B), and Other business services ($1.29B) being the largest in terms of value.

Comparison In 2022, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

January, 2024

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Overview In January 2024, Germany exported €2.03B and imported €1.29B from Denmark, resulting in a positive trade balance of €743M. Between January 2023 and January 2024 the exports of Germany have increased by €177M (9.56%) from €1.85B to €2.03B, while imports increased by €143M (12.5%) from €1.15B to €1.29B.

Trade In January 2024, the top exports of Germany to Denmark were Motor cars and motor caravans (€165M), Estimations for non-response (€101M), Pharmaceutical products (€78.7M), Machinery for electricity production, distribution (€78M), and Meat and meat products (€58.4M). In January 2024 the top imports of Germany from Denmark were Estimations for non-response (€110M), Other semi-finished products (€81.2M), Pharmaceutical products (€66.5M), Estimations for exemptions (€56.8M), and Meat and meat products (€51M).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€319M), Lower Saxony (€216M), Bavaria (€194M), Baden-Württemberg (€191M), and Schleswig-Holstein (€173M), while imports destinations were mainly North Rhine-Westphalia (€279M), Lower Saxony (€251M), Schleswig-Holstein (€206M), Baden-Württemberg (€97M), and Bavaria (€82.4M).

Growth In January 2024, the increase in Germany's year-by-year exports to Denmark was explained primarily by an increase in product exports in Estimations for non-response (€101M or 16.2k%), Motor cars and motor caravans (€50.7M or 44.5%), and Meat and meat products (€34.9M or 149%). In January 2024, the increase in Germany's year-by-year imports from Denmark was explained primarily by an increase in product imports in Estimations for non-response (€67.7M or 160%), Meat and meat products (€20.2M or 65.9%), and Pharmaceutical products (€18.7M or 39.2%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€177M(9.56%)

IMPORT GROWTH (January 2023 - January 2024)€143M(12.5%)

MAIN EXPORTER (January 2024)North Rhine-Westphalia€319M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Germany exported $25.4B to Denmark. The main products exported from Germany to Denmark were Cars ($2.31B), Petroleum Gas ($1.64B), and Electricity ($630M). During the last 27 years the exports of Germany to Denmark have increased at an annualized rate of 3.67%, from $9.6B in 1995 to $25.4B in 2022.

In 2022, Denmark exported $18.9B to Germany. The main products exported from Denmark to Germany were Electricity ($2.41B), Cars ($958M), and Packaged Medicaments ($568M). During the last 27 years the exports of Denmark to Germany have increased at an annualized rate of 2.4%, from $9.94B in 1995 to $18.9B in 2022.

Exports from Germany () to Denmark () (2022)

Exports from Denmark () to Germany () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Germany
Top DestinationUnited States$153B

Denmark
Top DestinationGermany$18.9B

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

In 2021, countries that imported more from Germany than Denmark were United States ($153B), France ($120B), and China ($109B).

In 2021, countries that imported more from Denmark than Germany were Greenland ($587M), British Virgin Islands ($13.6M), and Central African Republic ($13.9M).

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

Comparative Advantage Germany - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Germany had a large net trade with Denmark in the exports of Machines ($5.38B), Transportation ($3.75B), and Mineral Products ($2.53B).

During 2022, Denmark had a large net trade with Germany in the exports of Machines ($3.07B), Mineral Products ($2.74B), and Animal Products ($2.33B).

Service Trade

Bilateral Service Trade

Dnk Year

Deu Year

In 2020, Germany exported services to Denmark worth $3.51B, with Transportation ($1.27B), Other business services ($848M), and Travel ($828M) being the largest in terms of value.

In 2020, Denmark exported services to Germany worth $7.17B, with Transportation ($2.76B), Travel ($1.8B), and Other business services ($1.29B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany () to Denmark () (2020)

Services Exports from Denmark () to Germany () (2020)

Economic Complexity

Competitive Landscape

Year

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 Germany has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Germany.

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Latest Trends

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Historical Data

Bilateral Trade by Products

Exports from Germany () to Denmark () (2022)

Exports from Denmark () to Germany () (2022)

Market Competitiveness

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

Comparative Advantage Germany - Denmark

Service Trade

Bilateral Service Trade

Services Exports from Germany () to Denmark () (2020)

Services Exports from Denmark () to Germany () (2020)

Economic Complexity

Competitive Landscape

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

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