2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 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 PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
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$
Rnk 99 / 186

About

Finland-Denmark In 2022, Finland exported $1.54B to Denmark. The main products that Finland exported to Denmark are 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.

Denmark-Finland In 2022, Denmark exported $2.37B to Finland. The main products that Denmark exported 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 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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

Trade between Finland (Flag) and Denmark (Flag)

Finland Exports

Denmark Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Finland - Denmark

Flow
Scale

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

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

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

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

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

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