2022
Flag  
GDP
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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 GDP
$467BCURRENT US$
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2012-2022
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GDP GROWTH
58.2%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
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2022
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GDP PC
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Denmark-Singapore In 2022, Denmark exported $769M to Singapore. The main products that Denmark exported to Singapore are Passenger and Cargo Ships ($245M), Copper Plating ($54.9M), and Coal Tar Oil ($36.8M). During the last 27 years the exports of Denmark to Singapore have increased at an annualized rate of 4.78%, from $218M in 1995 to $769M in 2022.

In 2020, Denmark exported services to Singapore worth $2.93B, with Transportation ($2.56B), Other business services ($270M), and Computer and information services ($28.2M) being the largest in terms of value.

Singapore-Denmark In 2022, Singapore exported $98.4M to Denmark. The main products that Singapore exported to Denmark were Passenger and Cargo Ships ($20.5M), Office Machine Parts ($7.11M), and Gas Turbines ($4.87M). During the last 27 years the exports of Singapore to Denmark have increased at an annualized rate of 0.19%, from $93.5M in 1995 to $98.4M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $769M to Singapore. The main products exported from Denmark to Singapore were Passenger and Cargo Ships ($245M), Copper Plating ($54.9M), and Coal Tar Oil ($36.8M). During the last 27 years the exports of Denmark to Singapore have increased at an annualized rate of 4.78%, from $218M in 1995 to $769M in 2022.

In 2022, Singapore exported $98.4M to Denmark. The main products exported from Singapore to Denmark were Passenger and Cargo Ships ($20.5M), Office Machine Parts ($7.11M), and Gas Turbines ($4.87M). During the last 27 years the exports of Singapore to Denmark have increased at an annualized rate of 0.19%, from $93.5M in 1995 to $98.4M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Singapore (Flag)

Denmark Exports

Singapore Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Singapore
Top Destination
Hong Kong$51.6B

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

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

In 2021, countries that imported more from Singapore than Denmark were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Denmark - Singapore

Flow
Scale

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

During 2022, Denmark had a large net trade with Singapore in the exports of Transportation ($254M), Machines ($147M), and Metals ($74.1M).

During 2022, Singapore had a large net trade with Denmark in the exports of Machines ($44.7M), Transportation ($24.7M), and Instruments ($9.09M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to Singapore worth $2.93B, with Transportation ($2.56B), Other business services ($270M), and Computer and information services ($28.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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