2022
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GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Denmark-Finland In 2022, Denmark exported $2.37B to Finland. The main products that Denmark exported to Finland are Packaged Medicaments ($160M), Electric Generating Sets ($115M), and Cheese ($93.8M). During the last 27 years the exports of Denmark to Finland have increased at an annualized rate of 2.82%, from $1.12B in 1995 to $2.37B in 2022.

In 2020, Denmark exported services to Finland worth $1.48B, with Transportation ($445M), Other business services ($428M), and Computer and information services ($353M) being the largest in terms of value.

Finland-Denmark In 2022, Finland exported $1.54B to Denmark. The main products that Finland exported to Denmark were Refined Petroleum ($90.3M), Coal Tar Oil ($81.2M), and Electric Motors ($60.4M). During the last 27 years the exports of Finland to Denmark have increased at an annualized rate of 0.59%, from $1.31B in 1995 to $1.54B in 2022.

In 2020, Finland exported services to Denmark worth $826M, with Computer and information services ($371M), Other business services ($232M), and Transportation ($126M) being the largest in terms of value.

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $2.37B to Finland. The main products exported from Denmark to Finland were Packaged Medicaments ($160M), Electric Generating Sets ($115M), and Cheese ($93.8M). During the last 27 years the exports of Denmark to Finland have increased at an annualized rate of 2.82%, from $1.12B in 1995 to $2.37B in 2022.

In 2022, Finland exported $1.54B to Denmark. The main products exported from Finland to Denmark were Refined Petroleum ($90.3M), Coal Tar Oil ($81.2M), and Electric Motors ($60.4M). During the last 27 years the exports of Finland to Denmark have increased at an annualized rate of 0.59%, from $1.31B in 1995 to $1.54B in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Finland (Flag)

Denmark Exports

Finland Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Denmark than Finland were Germany ($18.9B), Norway ($6.53B), and United States ($13.1B).

In 2021, countries that imported more from Finland than Denmark were Estonia ($3.58B), Russia ($2.14B), and Belgium ($2.94B).

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

Comparative Advantage Denmark - Finland

Flow
Scale

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

During 2022, Denmark had a large net trade with Finland in the exports of Machines ($611M), Chemical Products ($415M), and Metals ($219M).

During 2022, Finland had a large net trade with Denmark in the exports of Machines ($331M), Metals ($303M), and Mineral Products ($182M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to Finland worth $1.48B, with Transportation ($445M), Other business services ($428M), and Computer and information services ($353M) being the largest in terms of value.

In 2020, Finland exported services to Denmark worth $826M, with Computer and information services ($371M), Other business services ($232M), and Transportation ($126M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Finland (Flag) to Denmark (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 Denmark has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Denmark.

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

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