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2022
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Exports $2.63BRnk 26 / 218
2022
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Top Product $350MCars
2022
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Exports $3.21BRnk 10 / 218
2022
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Top Product $434MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Denmark In 2022, Spain exported $2.63B to Denmark. The main products that Spain exported to Denmark are Cars ($350M), Packaged Medicaments ($87.8M), and Vegetable Saps ($79.3M). During the last 27 years the exports of Spain to Denmark have increased at an annualized rate of 5.51%, from $619M in 1995 to $2.63B in 2022.

In 2009, Spain exported services to Denmark worth $2.7B, with Services not allocated ($1.45B), Travel ($1.14B), and Transportation ($115M) being the largest in terms of value.

Denmark-Spain In 2022, Denmark exported $3.21B to Spain. The main products that Denmark exported to Spain were Packaged Medicaments ($434M), Coal Tar Oil ($253M), and Refined Petroleum ($165M). During the last 27 years the exports of Denmark to Spain have increased at an annualized rate of 4.61%, from $951M in 1995 to $3.21B in 2022.

In 2020, Denmark exported services to Spain worth $1.16B, with Transportation ($841M), Other business services ($123M), and Construction services ($52.1M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €213M and imported €183M from Denmark, resulting in a positive trade balance of €29.8M. Between February 2023 and February 2024 the exports of Spain have decreased by €-33M (-13.4%) from €246M to €213M, while imports increased by €748k (0.41%) from €182M to €183M.

Trade In February 2024, the top exports of Spain to Denmark were Cars (€40.9M), Petroleum Gas (€13.6M), Citrus (€6.88M), Delivery Trucks (€5.49M), and Other Vegetables (€5.33M). In February 2024 the top imports of Spain from Denmark were Packaged Medicaments (€33.7M), Vaccines, blood, antisera, toxins and cultures (€25.1M), Cheese (€8.5M), Biodiesel and mixtures thereof (€7.43M), and Wheat (€7.22M).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€39.9M), Madrid (€21.5M), Valencia (€18.9M), Pontevedra (€10.2M), and Murcia (€9.61M), while imports destinations were mainly Madrid (€72.4M), Barcelona (€30.6M), Valencia (€10.8M), Navarra (€7.39M), and Guipúzcoa (€5.97M).

Growth In February 2024, the decrease in Spain's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Transmissions (€-2.47M or -93.4%), Raw Plastic Sheeting (€-2.08M or -56.6%), and Other Iron Products (€-1.92M or -31.8%). In February 2024, the increase in Spain's year-by-year imports  from Denmark was explained primarily by an increase in product imports  in Vaccines, blood, antisera, toxins and cultures (€23.3M or 1.31k%), Hot-Rolled Iron (€4.07M or 219%), and Special Pharmaceuticals (€3.25M or 189%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€-33M(-13.4%)
IMPORT GROWTH (February 2023 - February 2024)€748k(0.41%)
MAIN EXPORTER (February 2024)Barcelona€39.9M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.63B to Denmark. The main products exported from Spain to Denmark were Cars ($350M), Packaged Medicaments ($87.8M), and Vegetable Saps ($79.3M). During the last 27 years the exports of Spain to Denmark have increased at an annualized rate of 5.51%, from $619M in 1995 to $2.63B in 2022.

In 2022, Denmark exported $3.21B to Spain. The main products exported from Denmark to Spain were Packaged Medicaments ($434M), Coal Tar Oil ($253M), and Refined Petroleum ($165M). During the last 27 years the exports of Denmark to Spain have increased at an annualized rate of 4.61%, from $951M in 1995 to $3.21B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Denmark
Top DestinationGermany$18.9B

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

In 2021, countries that imported more from Spain than Denmark were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Denmark than Spain were Sweden ($11.6B), Norway ($6.53B), and Finland ($2.37B).

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

Comparative Advantage Spain - Denmark

Flow
Scale

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

During 2022, Spain had a large net trade with Denmark in the exports of Transportation ($488M), Metals ($368M), and Vegetable Products ($358M).

During 2022, Denmark had a large net trade with Spain in the exports of Chemical Products ($735M), Mineral Products ($541M), and Animal Products ($489M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Denmark worth $2.7B, with Services not allocated ($1.45B), Travel ($1.14B), and Transportation ($115M) being the largest in terms of value.

In 2020, Denmark exported services to Spain worth $1.16B, with Transportation ($841M), Other business services ($123M), and Construction services ($52.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Denmark (Flag) (2009)

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

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

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