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Denmark Trade Summary

2020

Denmark exports, imports, tariff by year.
Denmark monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR DENMARK 2020

Overall Exports and Imports for Denmark 2020

Exports and imports of Denmark in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 106,871 million.
  • The total value of imports (CIF) was 95,778 million.
  • At the HS6 digit level, 4,213 products were exported to 223 countries and 4,414 products were imported from 219 countries.

Denmark top 5 Export and Import partners 2020

Top five countries to which Denmark exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Denmark exports to Special Categories worth US$ 21,548 million, with a partner share of 20.16 percent.
  2. Denmark exports to Germany worth US$ 13,444 million, with a partner share of 12.58 percent.
  3. Denmark exports to Sweden worth US$ 9,262 million, with a partner share of 8.67 percent.
  4. Denmark exports to Netherlands worth US$ 6,183 million, with a partner share of 5.79 percent.
  5. Denmark exports to Norway worth US$ 6,153 million, with a partner share of 5.76 percent.

Top five countries from which Denmark imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Denmark imports from Germany worth US$ 20,925 million, with a partner share of 21.85 percent.
  2. Denmark imports from Sweden worth US$ 12,030 million, with a partner share of 12.56 percent.
  3. Denmark imports from Netherlands worth US$ 8,096 million, with a partner share of 8.45 percent.
  4. Denmark imports from China worth US$ 7,535 million, with a partner share of 7.87 percent.
  5. Denmark imports from Poland worth US$ 4,340 million, with a partner share of 4.53 percent.

Denmark Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Denmark along with trade value are:

  1. Denmark exported Other medicaments of mixed or unmixed products, , worth US$ 3,827,316.23 million.
  2. Denmark exported Electric generating sets, nes , worth US$ 2,117,142.14 million.
  3. Denmark exported Human and animal blood; microbial cultures; tox , worth US$ 2,062,116.10 million.
  4. Denmark exported Frozen swine meat, nes , worth US$ 1,771,816.50 million.
  5. Denmark exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,391,129.81 million.

The top five imported HS 6 digit level products from world by Denmark along with trade value are

  1. Denmark imported Other medicaments of mixed or unmixed products, , worth US$ 2,537,952.21 million.
  2. Denmark imported Transmission apparatus, for radioteleph incorpo , worth US$ 2,245,232.71 million.
  3. Denmark imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,542,395.40 million.
  4. Denmark imported Petroleum oils and oils obtained from bituminou , worth US$ 1,508,173.43 million.
  5. Denmark imported Storage units, whether or not presented with th , worth US$ 1,285,710.12 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Denmark in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.93 percent.
  • The trade weighted average tariff was 2.06 .
  • The total duty free imports in thousands of US dollars were 14,155,799.81 and duty free tariff line items share was 57.97 percent.

Development Indicators 2020

Key Development Indicators of Denmark in 2020 are below

  • Denmark GDP in current US dollar was 355,222 million.
  • GNI per capita, Atlas method (current US$) was 62,710.00 .
  • Denmark Trade balance: as % of GDP was 6.35.
  • Trade balance in current US$ was 22,546.00 million.
  • Trade as percentage of GDP was 103.51 .
  • Trade in services as percentage of GDP was 41.71 .

Trade Indicators 2020

Trade Indicators for Denmark in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 16.78.
  • World Growth in percentage was -3.75 and Denmark Country Growth was -0.15 .