2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Denmark-United States In 2022, Denmark exported $13.1B to United States. The main products that Denmark exported to United States are Packaged Medicaments ($6.29B), Vaccines, blood, antisera, toxins and cultures ($304M), and Medical Instruments ($288M). During the last 27 years the exports of Denmark to United States have increased at an annualized rate of 7.25%, from $1.99B in 1995 to $13.1B in 2022.

In 2020, Denmark exported services to United States worth $10.6B, with Transportation ($5.76B), Royalties and license fees ($2.56B), and Other business services ($912M) being the largest in terms of value.

United States-Denmark In 2022, United States exported $4.61B to Denmark. The main products that United States exported to Denmark were Crude Petroleum ($1.69B), Refined Petroleum ($219M), and Planes, Helicopters, and/or Spacecraft ($143M). During the last 27 years the exports of United States to Denmark have increased at an annualized rate of 3.72%, from $1.72B in 1995 to $4.61B in 2022.

In 2017, United States exported services to Denmark worth $7.1B, with Transportation ($2.29B), Other business services ($2.28B), and Travel ($1.08B) being the largest in terms of value.

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $13.1B to United States. The main products exported from Denmark to United States were Packaged Medicaments ($6.29B), Vaccines, blood, antisera, toxins and cultures ($304M), and Medical Instruments ($288M). During the last 27 years the exports of Denmark to United States have increased at an annualized rate of 7.25%, from $1.99B in 1995 to $13.1B in 2022.

In 2022, United States exported $4.61B to Denmark. The main products exported from United States to Denmark were Crude Petroleum ($1.69B), Refined Petroleum ($219M), and Planes, Helicopters, and/or Spacecraft ($143M). During the last 27 years the exports of United States to Denmark have increased at an annualized rate of 3.72%, from $1.72B in 1995 to $4.61B in 2022.

Exports from Denmark (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and United States (Flag)

Denmark Exports

United States Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Denmark than United States were Sweden ($11.6B), Norway ($6.53B), and Greenland ($587M).

In 2021, countries that imported more from United States than Denmark were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - United States

Flow
Scale

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

During 2022, Denmark had a large net trade with United States in the exports of Chemical Products ($7.47B), Machines ($2.28B), and Instruments ($902M).

During 2022, United States had a large net trade with Denmark in the exports of Mineral Products ($1.95B), Machines ($647M), and Chemical Products ($537M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to United States worth $10.6B, with Transportation ($5.76B), Royalties and license fees ($2.56B), and Other business services ($912M) being the largest in terms of value.

In 2017, United States exported services to Denmark worth $7.1B, with Transportation ($2.29B), Other business services ($2.28B), and Travel ($1.08B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Denmark (Flag) (2017)

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

Product Space of Denmark (Flag) and United States (Flag) (2022)

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