Summary
- Exports
- $114.5billion
- Imports
- $123.3billion
- Trade balance
- -$8.8billion
Products
What it exports
Medicines in measured doses or retail packs (12.3%) and vaccines, blood and antisera (3.4%) together make up 15.7% of its exports.
What it imports
Cars (6.5%) and medicines in measured doses or retail packs (3.9%) together make up 10.4% of its imports.
By Harmonized System chapter (96)
| Chapter | Exports | Imports |
|---|---|---|
| 30 · Pharmaceuticals | $18.8 billion | $6.8 billion |
| 84 · Mechanical machinery | $14 billion | $13.8 billion |
| 85 · Electrical and electronic equipment | $8 billion | $11.9 billion |
| 27 · Oil, gas and coal | $6.4 billion | $8.8 billion |
| 90 · Precision and medical instruments | $5.2 billion | $3.8 billion |
| 02 · Meat and offal | $4.2 billion | $1.1 billion |
| 03 · Fish and seafood | $4 billion | $2.7 billion |
| 87 · Vehicles | $3.9 billion | $11.9 billion |
| 04 · Dairy, eggs and honey | $3.7 billion | $1.2 billion |
| 39 · Plastics | $3.2 billion | $4.9 billion |
| 35 · Glues, starches and enzymes | $2.8 billion | $497 million |
| 94 · Furniture and lighting | $2.5 billion | $2.9 billion |
| 73 · Iron and steel products | $2.3 billion | $3.4 billion |
| 29 · Organic chemicals | $2.3 billion | $2.1 billion |
| 01 · Live animals | $2 billion | $80 million |
| 21 · Food preparations | $1.6 billion | $1.2 billion |
| 38 · Miscellaneous chemicals | $1.5 billion | $836 million |
| 72 · Iron and steel | $1.5 billion | $2.7 billion |
| 89 · Ships and boats | $1.4 billion | $3.3 billion |
| 76 · Aluminum | $1.4 billion | $1.9 billion |
| 23 · Animal feed and food waste | $1.4 billion | $1.7 billion |
| 19 · Baked goods and cereal products | $1.3 billion | $989 million |
| 62 · Woven clothing | $1.2 billion | $3 billion |
| 16 · Prepared meat and fish | $1.2 billion | $1.1 billion |
| 22 · Beverages and spirits | $1.1 billion | $1.5 billion |
| 61 · Knitted clothing | $1.1 billion | $2.7 billion |
| 48 · Paper and paperboard | $1.1 billion | $1.6 billion |
| 15 · Fats and oils | $995 million | $1.2 billion |
| 44 · Wood | $983 million | $2.3 billion |
| 95 · Toys and sports gear | $846 million | $932 million |
| 33 · Perfumes and cosmetics | $805 million | $1.3 billion |
| 34 · Soap and cleaning products | $787 million | $590 million |
| 83 · Miscellaneous metal goods | $586 million | $557 million |
| 11 · Milling products and malt | $547 million | $156 million |
| 32 · Dyes, paints and tanning agents | $538 million | $605 million |
| 17 · Sugar and sweets | $494 million | $419 million |
| 12 · Oilseeds and grains | $464 million | $379 million |
| 40 · Rubber | $408 million | $970 million |
| 06 · Live plants and flowers | $408 million | $389 million |
| 74 · Copper | $384 million | $471 million |
| 24 · Tobacco | $383 million | $121 million |
| 43 · Fur and fur goods | $339 million | $17 million |
| 68 · Stone, plaster and cement articles | $333 million | $666 million |
| 64 · Footwear | $316 million | $1.1 billion |
| 88 · Aircraft and spacecraft | $305 million | $1.6 billion |
| 70 · Glass | $304 million | $621 million |
| 13 · Gums and plant extracts | $290 million | $112 million |
| 07 · Vegetables | $287 million | $636 million |
| 05 · Other animal products | $276 million | $201 million |
| 28 · Inorganic chemicals | $269 million | $639 million |
| 25 · Salt, stone and cement | $269 million | $395 million |
| 10 · Cereals | $259 million | $343 million |
| 20 · Preserved fruit and vegetables | $246 million | $692 million |
| 71 · Gems and precious metals | $246 million | $309 million |
| 63 · Home textiles and used clothing | $244 million | $646 million |
| 18 · Cocoa and chocolate | $230 million | $529 million |
| 56 · Felt, nonwovens and rope | $225 million | $251 million |
| 69 · Ceramics | $222 million | $362 million |
| 49 · Books and printed matter | $194 million | $332 million |
| 82 · Tools and cutlery | $192 million | $470 million |
| 57 · Carpets and rugs | $187 million | $114 million |
| 09 · Coffee, tea and spices | $179 million | $398 million |
| 42 · Leather goods and bags | $164 million | $487 million |
| 55 · Synthetic staple fibers | $136 million | $56 million |
| 96 · Other manufactured goods | $135 million | $244 million |
| 47 · Wood pulp | $96 million | $60 million |
| 08 · Fruit and nuts | $92 million | $836 million |
| 93 · Weapons and ammunition | $82 million | $88 million |
| 86 · Railway equipment | $78 million | $250 million |
| 41 · Hides and leather | $76 million | $49 million |
| 91 · Watches and clocks | $70 million | $193 million |
| 31 · Fertilizers | $65 million | $364 million |
| 60 · Knitted fabric | $61 million | $48 million |
| 97 · Art and antiques | $61 million | $109 million |
| 59 · Coated and technical textiles | $57 million | $105 million |
| 51 · Wool | $56 million | $142 million |
| 54 · Synthetic filaments | $52 million | $143 million |
| 52 · Cotton | $45 million | $49 million |
| 26 · Ores and slag | $40 million | $37 million |
| 75 · Nickel | $30 million | $37 million |
| 65 · Hats | $26 million | $114 million |
| 58 · Special fabrics and lace | $23 million | $41 million |
| 92 · Musical instruments | $21 million | $51 million |
| 79 · Zinc | $18 million | $60 million |
| 36 · Explosives and matches | $12 million | $27 million |
| 81 · Other base metals | $11 million | $27 million |
| 14 · Other plant products | $10 million | $16 million |
| 46 · Wicker and basketware | $9 million | $32 million |
| 66 · Umbrellas and canes | $6 million | $26 million |
| 67 · Feathers and artificial flowers | $6 million | $43 million |
| 80 · Tin | $6 million | $8 million |
| 37 · Photographic goods | $5 million | $28 million |
| 53 · Other plant fibers | $5 million | $13 million |
| 45 · Cork | $4 million | $7 million |
| 78 · Lead | $4 million | $3 million |
| 50 · Silk | $358 thousand | $2 million |
Trading partners
Germany is its main destination (13.2% of exports) and source (19.3% of imports).
Who it sells to
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| Germany | 15.1 | 13.2% | Land |
| Sweden | 11.4 | 9.9% | Sea |
| United States | 9.4 | 8.2% | Air |
| Netherlands | 6.7 | 5.9% | Sea |
| United Kingdom | 6.1 | 5.3% | Sea |
| China | 5.7 | 5% | Air |
| Poland | 4.7 | 4.1% | Sea |
| Norway | 4.5 | 4% | Sea |
| France | 4.2 | 3.7% | Sea |
| Italy | 3.6 | 3.1% | Sea |
Who it buys from
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| Germany | 23.7 | 19.3% | Land |
| Sweden | 14 | 11.3% | Sea |
| Netherlands | 11 | 9% | Sea |
| China | 10.2 | 8.3% | Sea |
| United States | 6.5 | 5.3% | Sea |
| Norway | 6.1 | 4.9% | Sea |
| Poland | 6 | 4.9% | Sea |
| Italy | 4.2 | 3.5% | Sea |
| France | 4.2 | 3.4% | Sea |
| Belgium | 4 | 3.3% | Sea |
Overview 1995–2024
In 2024, Denmark accounted for 0.5% of world exports, compared with 0.87% in 1995.
Exports and imports
Exports grew 2.6-fold since 1995
USD billions (current). Bars: trade balance (green surplus, red deficit).
- Exports 114
- Imports 123
- Balance -8.8
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $44.2 billion | $41.6 billion | $2.6 billion |
| 1996 | $45.6 billion | $41.6 billion | $4.1 billion |
| 1997 | $40.4 billion | $43.2 billion | -$2.8 billion |
| 1998 | $43.6 billion | $46.2 billion | -$2.6 billion |
| 1999 | $44.9 billion | $45.6 billion | -$616 million |
| 2000 | $44.8 billion | $45.6 billion | -$854 million |
| 2001 | $47.3 billion | $45.4 billion | $1.9 billion |
| 2002 | $51.9 billion | $50 billion | $2 billion |
| 2003 | $60 billion | $57.5 billion | $2.5 billion |
| 2004 | $70.2 billion | $67.9 billion | $2.3 billion |
| 2005 | $79 billion | $74.4 billion | $4.6 billion |
| 2006 | $85.5 billion | $85.7 billion | -$163 million |
| 2007 | $92.3 billion | $98.2 billion | -$5.9 billion |
| 2008 | $106.3 billion | $109.9 billion | -$3.6 billion |
| 2009 | $85.5 billion | $81.9 billion | $3.6 billion |
| 2010 | $89.6 billion | $84.2 billion | $5.4 billion |
| 2011 | $106.6 billion | $96.4 billion | $10.2 billion |
| 2012 | $97.3 billion | $92.5 billion | $4.8 billion |
| 2013 | $100.8 billion | $98 billion | $2.8 billion |
| 2014 | $101.1 billion | $100.9 billion | $131 million |
| 2015 | $86.6 billion | $86.4 billion | $261 million |
| 2016 | $87 billion | $85.1 billion | $1.8 billion |
| 2017 | $92.5 billion | $93.8 billion | -$1.3 billion |
| 2018 | $101.7 billion | $105.6 billion | -$3.8 billion |
| 2019 | $101 billion | $100.2 billion | $769 million |
| 2020 | $101.2 billion | $96.9 billion | $4.3 billion |
| 2021 | $115.2 billion | $124 billion | -$8.8 billion |
| 2022 | $117.6 billion | $119.8 billion | -$2.2 billion |
| 2023 | $117.2 billion | $120.4 billion | -$3.2 billion |
| 2024 | $114.5 billion | $123.3 billion | -$8.8 billion |
World rank
Denmark fell from 28th to 37th among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 28th in 1995
- 37th in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 28th |
| 1996 | 28th |
| 1997 | 31st |
| 1998 | 28th |
| 1999 | 30th |
| 2000 | 32nd |
| 2001 | 30th |
| 2002 | 30th |
| 2003 | 30th |
| 2004 | 31st |
| 2005 | 33rd |
| 2006 | 34th |
| 2007 | 36th |
| 2008 | 34th |
| 2009 | 34th |
| 2010 | 38th |
| 2011 | 38th |
| 2012 | 40th |
| 2013 | 41st |
| 2014 | 40th |
| 2015 | 37th |
| 2016 | 37th |
| 2017 | 38th |
| 2018 | 38th |
| 2019 | 37th |
| 2020 | 36th |
| 2021 | 37th |
| 2022 | 39th |
| 2023 | 37th |
| 2024 | 37th |
What it sells
Pharmaceuticals became its top export group: from 4% to 16%
% of exports by Harmonized System chapter.
- Other 44%
- Vehicles 3%
- Fish and seafood 3%
- Meat and offal 4%
- Precision and medical instruments 5%
- Oil, gas and coal 6%
- Electrical and electronic equipment 7%
- Mechanical machinery 12%
- Pharmaceuticals 16%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Pharmaceuticals | 4.3% | 16.4% |
| Mechanical machinery | 15.9% | 12.2% |
| Electrical and electronic equipment | 7.2% | 7% |
| Oil, gas and coal | 2.7% | 5.6% |
| Precision and medical instruments | 3.8% | 4.5% |
| Meat and offal | 8% | 3.7% |
| Fish and seafood | 4.3% | 3.5% |
| Vehicles | 1.8% | 3.4% |
| Other | 52% | 43.7% |
Who it trades with
China went from 1% to 7% of Denmark's trade
% of total trade (exports + imports) with each partner.
- Germany 16%
- Sweden 11%
- Netherlands 7%
- China 7%
- United States 7%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| Germany | 20.8% | 16.4% |
| Sweden | 11.1% | 10.7% |
| Netherlands | 5.6% | 7.5% |
| China | 1.3% | 6.7% |
| United States | 4.4% | 6.7% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
- Central Graben basin
- Avedore power station
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.