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Denmark Trade Summary

2021

Denmark exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Denmark 2021

Exports and imports of Denmark in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 125,385 million.
  • The total value of imports (CIF) was 120,260 million.
  • At the HS6 digit level, 4,282 products were exported to 221 countries and 4,428 products were imported from 218 countries.

Denmark top 5 Export and Import partners 2021

Top five countries to which Denmark exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Denmark exports to Special Categories worth US$ 23,080 million, with a partner share of 18.41 percent.
  2. Denmark exports to Germany worth US$ 16,285 million, with a partner share of 12.99 percent.
  3. Denmark exports to Sweden worth US$ 11,641 million, with a partner share of 9.28 percent.
  4. Denmark exports to Norway worth US$ 7,093 million, with a partner share of 5.66 percent.
  5. Denmark exports to Netherlands worth US$ 6,473 million, with a partner share of 5.16 percent.

Top five countries from which Denmark imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Denmark imports from Germany worth US$ 25,246 million, with a partner share of 20.99 percent.
  2. Denmark imports from Sweden worth US$ 15,312 million, with a partner share of 12.73 percent.
  3. Denmark imports from Netherlands worth US$ 10,170 million, with a partner share of 8.46 percent.
  4. Denmark imports from China worth US$ 9,800 million, with a partner share of 8.15 percent.
  5. Denmark imports from Poland worth US$ 5,377 million, with a partner share of 4.47 percent.

Denmark Top 5 Productsexports imports at HS 6 digit level 2021

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 3,443,797.78 (US$ Thousands).
  2. Denmark exported Human and animal blood; microbial cultures; tox , worth 3,024,246.26 (US$ Thousands).
  3. Denmark exported Petroleum oils, etc, (excl. crude); preparation , worth 2,346,089.08 (US$ Thousands).
  4. Denmark exported Electric generating sets, nes , worth 1,955,598.04 (US$ Thousands).
  5. Denmark exported Frozen swine meat, nes , worth 1,839,264.83 (US$ Thousands).

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

  1. Denmark imported Petroleum oils and oils obtained from bituminou , worth 2,877,643.31 (US$ Thousands).
  2. Denmark imported Other medicaments of mixed or unmixed products, , worth 2,636,264.88 (US$ Thousands).
  3. Denmark imported Automobiles nes including gas turbine powered , worth 2,473,350.54 (US$ Thousands).
  4. Denmark imported Transmission apparatus, for radioteleph incorpo , worth 2,432,243.45 (US$ Thousands).
  5. Denmark imported Petroleum oils, etc, (excl. crude); preparation , worth 1,986,604.07 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Denmark in 2021 are below

  • The maximum rate of tariff in percentage on any product was 209.19 percent.
  • The simple average tariff across all products was 2.30 percent.
  • The trade weighted average tariff was 1.90 .
  • The total duty free imports in thousands of US dollars were 23,276,429.01 and duty free tariff line items share was 61.46 percent.

Development Indicators 2021

Key Development Indicators of Denmark in 2021 are below

  • Denmark GDP in current US dollar was 398,303 million.
  • GNI per capita, Atlas method (current US$) was 68,300.00 .
  • Denmark Trade balance: as % of GDP was 7.14.
  • Trade balance in current US$ was 28,426.00 million.
  • Trade as percentage of GDP was 112.18 .
  • Trade in services as percentage of GDP was 45.68 .

Trade Indicators 2021

Trade Indicators for Denmark in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 17.46.
  • World Growth in percentage was 12.50 and Denmark Country Growth was 6.21 .