Netherlands (NLD) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Netherlands-Denmark In 2022, Netherlands exported $10.5B to Denmark. The main products that Netherlands exported to Denmark are Refined Petroleum ($742M), Computers ($514M), and Broadcasting Equipment ($479M). During the last 27 years the exports of Netherlands to Denmark have increased at an annualized rate of 4.87%, from $2.92B in 1995 to $10.5B in 2022.

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

Denmark-Netherlands In 2022, Denmark exported $7.26B to Netherlands. The main products that Denmark exported to Netherlands were Refined Petroleum ($831M), Electricity ($479M), and Other Engines ($263M). During the last 27 years the exports of Denmark to Netherlands have increased at an annualized rate of 4.87%, from $2.01B in 1995 to $7.26B in 2022.

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €776M and imported €525M from Denmark, resulting in a positive trade balance of €251M. Between October 2021 and October 2022 the exports of Netherlands have increased by €82M (11.8%) from €694M to €776M, while imports increased by €74M (16.4%) from €451M to €525M.

Trade In October 2022, the top exports of Netherlands to Denmark were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€34M), Medicaments (including veterinary medicaments) (€32M), Crude vegetable materials, n.e.s. (€20M), Other meat and edible meat offal,... (€18M), and Petroleum oils and oils obtained from... (€18M). In October 2022 the top imports of Netherlands from Denmark were Petroleum oils and oils obtained from... (€36M), Furniture and parts thereof; bedding, mattresses,... (€15M), Medicaments (including veterinary medicaments) (€13M), Petroleum oils and oils obtained from... (€12M), and Fish, fresh (live or dead), chilled... (€10M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Denmark was explained primarily by an increase in product exports in Medicaments (including veterinary medicaments) (€16M or 100%), Other meat and edible meat offal,... (€7M or 63.6%), and Wire products (excluding insulated electrical wiring)... (€2M or 200%). In October 2022, the increase in Netherlands's year-by-year imports from Denmark was explained primarily by an increase in product imports in Fish, crustaceans, molluscs and other aquatic... (€2M or 66.7%), Cheese and curd (€1M or 16.7%), and Ferrous waste and scrap; remelting scrap... (€1M or 100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€82M(11.8%)

IMPORT GROWTH (October 2021 - October 2022)€74M(16.4%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $10.5B to Denmark. The main products exported from Netherlands to Denmark were Refined Petroleum ($742M), Computers ($514M), and Broadcasting Equipment ($479M). During the last 27 years the exports of Netherlands to Denmark have increased at an annualized rate of 4.87%, from $2.92B in 1995 to $10.5B in 2022.

In 2022, Denmark exported $7.26B to Netherlands. The main products exported from Denmark to Netherlands were Refined Petroleum ($831M), Electricity ($479M), and Other Engines ($263M). During the last 27 years the exports of Denmark to Netherlands have increased at an annualized rate of 4.87%, from $2.01B in 1995 to $7.26B in 2022.

Exports from Netherlands () to Denmark () (2022)

Exports from Denmark () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Denmark
Top DestinationGermany$18.9B

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

In 2021, countries that imported more from Netherlands than Denmark were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Denmark than Netherlands were Norway ($6.53B), Greenland ($587M), and Marshall Islands ($204M).

Difference in imports from Denmark () and Netherlands () (2022)

Comparative Advantage Netherlands - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Denmark in the exports of Machines ($2.73B), Mineral Products ($1.24B), and Chemical Products ($1.08B).

During 2022, Denmark had a large net trade with Netherlands in the exports of Mineral Products ($1.66B), Machines ($1.42B), and Chemical Products ($709M).

Service Trade

Bilateral Service Trade

Dnk Year

Nld Year

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Denmark () (2020)

Services Exports from Denmark () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Denmark () (2022)

Exports from Denmark () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Denmark () and Netherlands () (2022)

Comparative Advantage Netherlands - Denmark

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Denmark () (2020)

Services Exports from Denmark () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Denmark () (2022)

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