2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$395BCURRENT US$
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GDP GROWTH
20.9%CURRENT US$
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$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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GDP PC
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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About

Romania-Denmark In 2022, Romania exported $440M to Denmark. The main products that Romania exported to Denmark are Vacuum Cleaners ($27.9M), Cars ($23.5M), and Other Heating Machinery ($19.1M). During the last 27 years the exports of Romania to Denmark have increased at an annualized rate of 12.3%, from $19.2M in 1995 to $440M in 2022.

In 2020, Romania exported services to Denmark worth $361M, with Transportation ($229M), Computer and information services ($62.2M), and Other business services ($42.7M) being the largest in terms of value.

Denmark-Romania In 2022, Denmark exported $552M to Romania. The main products that Denmark exported to Romania were Packaged Medicaments ($136M), Pig Meat ($17.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.7M). During the last 27 years the exports of Denmark to Romania have increased at an annualized rate of 8.11%, from $67.1M in 1995 to $552M in 2022.

In 2020, Denmark exported services to Romania worth $194M, with Transportation ($74.5M), Travel ($69.4M), and Other business services ($15.3M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $440M to Denmark. The main products exported from Romania to Denmark were Vacuum Cleaners ($27.9M), Cars ($23.5M), and Other Heating Machinery ($19.1M). During the last 27 years the exports of Romania to Denmark have increased at an annualized rate of 12.3%, from $19.2M in 1995 to $440M in 2022.

In 2022, Denmark exported $552M to Romania. The main products exported from Denmark to Romania were Packaged Medicaments ($136M), Pig Meat ($17.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.7M). During the last 27 years the exports of Denmark to Romania have increased at an annualized rate of 8.11%, from $67.1M in 1995 to $552M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Denmark (Flag)

Romania Exports

Denmark Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Denmark
Top Destination
Germany$18.9B

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

In 2021, countries that imported more from Romania than Denmark were Italy ($9.55B), Hungary ($6.75B), and Bulgaria ($3.9B).

In 2021, countries that imported more from Denmark than Romania were Sweden ($11.6B), United States ($13.1B), and Norway ($6.53B).

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

Comparative Advantage Romania - Denmark

Flow
Scale

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

During 2022, Romania had a large net trade with Denmark in the exports of Machines ($143M), Metals ($75.8M), and Textiles ($50.9M).

During 2022, Denmark had a large net trade with Romania in the exports of Chemical Products ($174M), Machines ($105M), and Animal Products ($73.5M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Denmark worth $361M, with Transportation ($229M), Computer and information services ($62.2M), and Other business services ($42.7M) being the largest in terms of value.

In 2020, Denmark exported services to Romania worth $194M, with Transportation ($74.5M), Travel ($69.4M), and Other business services ($15.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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