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Denmark Trade Summary

2022

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 2022

Overall Exports and Imports for Denmark 2022

Exports and imports of Denmark in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 121,833 million.
  • The total value of imports (CIF) was 118,597 million.
  • At the HS6 digit level, 4,251 products were exported to 225 countries and 4,461 products were imported from 225 countries.

Denmark top 5 Export and Import partners 2022

Top five countries to which Denmark exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Denmark exports to Special Categories worth US$ 23,081 million, with a partner share of 18.94 percent.
  2. Denmark exports to Germany worth US$ 17,594 million, with a partner share of 14.44 percent.
  3. Denmark exports to Sweden worth US$ 10,460 million, with a partner share of 8.59 percent.
  4. Denmark exports to Norway worth US$ 6,852 million, with a partner share of 5.62 percent.
  5. Denmark exports to Netherlands worth US$ 6,740 million, with a partner share of 5.53 percent.

Top five countries from which Denmark imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Denmark imports from Germany worth US$ 23,859 million, with a partner share of 20.12 percent.
  2. Denmark imports from Sweden worth US$ 14,646 million, with a partner share of 12.35 percent.
  3. Denmark imports from Netherlands worth US$ 10,253 million, with a partner share of 8.64 percent.
  4. Denmark imports from China worth US$ 9,956 million, with a partner share of 8.39 percent.
  5. Denmark imports from Poland worth US$ 5,391 million, with a partner share of 4.55 percent.

Denmark Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Denmark exported Electrical energy , worth 3,101,430.88 (US$ Thousands).
  2. Denmark exported Other medicaments of mixed or unmixed products, , worth 2,818,747.15 (US$ Thousands).
  3. Denmark exported Human and animal blood; microbial cultures; tox , worth 2,564,535.24 (US$ Thousands).
  4. Denmark exported Petroleum oils, etc, (excl. crude); preparation , worth 2,406,364.08 (US$ Thousands).
  5. Denmark exported Other hormones and derivatives, nes; other ster , worth 1,438,328.17 (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, etc, (excl. crude); preparation , worth 3,500,238.89 (US$ Thousands).
  2. Denmark imported Petroleum oils and oils obtained from bituminou , worth 3,416,687.48 (US$ Thousands).
  3. Denmark imported Electrical energy , worth 3,074,389.42 (US$ Thousands).
  4. Denmark imported Automobiles nes including gas turbine powered , worth 2,611,415.61 (US$ Thousands).
  5. Denmark imported Other medicaments of mixed or unmixed products, , worth 2,234,736.39 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Denmark in 2022 are below

  • The maximum rate of tariff in percentage on any product was 361.67 percent.
  • The simple average tariff across all products was 2 percent.
  • The trade weighted average tariff was 2.02 .
  • The total duty free imports in thousands of US dollars were 24,591,245.21 and duty free tariff line items share was 68.05 percent.

Development Indicators 2022

Key Development Indicators of Denmark in 2022 are below

  • Denmark GDP in current US dollar was 401,946 million.
  • GNI per capita, Atlas method (current US$) was 73,320.00 .
  • Denmark Trade balance: as % of GDP was 9.55.
  • Trade balance in current US$ was 38,401.00 million.
  • Trade as percentage of GDP was 131.54 .
  • Trade in services as percentage of GDP was 60.22 .

Trade Indicators 2022

Trade Indicators for Denmark in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 17.08.
  • World Growth in percentage was 5.84 and Denmark Country Growth was 1.65 .