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Trade between Denmark and Norway

In 2024, Denmark exported $4.5 billion to Norway and imported $6.1 billion. Denmark ran a deficit of $1.6 billion with Norway, compared with a surplus of $263 million in 2019. Norway was Denmark’s 7th largest trading partner (4% of its trade), and Denmark was Norway’s 10th (4%).

Summary

Denmark → Norway
$4.5billion
Norway → Denmark
$6.1billion
Denmark’s balance
-$1.6billion

Balance

Denmark’s trade balance with Norway

Trade between Denmark and Norway grew 2.3-fold since 1995

USD billions (current). Denmark’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 4.5
  • Imports 6.1
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.5 billion$2.2 billion$302 million
1996$2.7 billion$2.4 billion$301 million
1997$2.5 billion$2.6 billion-$62 million
1998$2.6 billion$2.3 billion$244 million
1999$2.4 billion$2.3 billion$92 million
2000$2.3 billion$2.4 billion-$166 million
2001$2.4 billion$2.1 billion$290 million
2002$2.9 billion$2.5 billion$390 million
2003$3.2 billion$2.7 billion$450 million
2004$3.6 billion$3.3 billion$390 million
2005$4.1 billion$3.6 billion$505 million
2006$4.5 billion$4.2 billion$287 million
2007$5.2 billion$4.2 billion$919 million
2008$6.1 billion$5.7 billion$389 million
2009$4.7 billion$4.9 billion-$187 million
2010$4.8 billion$4 billion$783 million
2011$5.7 billion$5 billion$782 million
2012$5.5 billion$5.7 billion-$206 million
2013$5.6 billion$6.1 billion-$487 million
2014$5.5 billion$5.7 billion-$188 million
2015$4.5 billion$4.1 billion$464 million
2016$4.2 billion$3.6 billion$586 million
2017$4.8 billion$4.7 billion$112 million
2018$5 billion$5.6 billion-$617 million
2019$5 billion$4.7 billion$263 million
2020$4.5 billion$3.2 billion$1.3 billion
2021$4.9 billion$4.8 billion$27 million
2022$5 billion$5.6 billion-$623 million
2023$4.8 billion$5.6 billion-$842 million
2024$4.5 billion$6.1 billion-$1.6 billion

What they sell each other

What Denmark sells to Norway

The top 10 headings in 2024, with their share of the total.

  1. 668 tonnes · Denmark’s destinations
  2. Fish oil and marine fats$266 million · 5.9%
    55 thousand tonnes
  3. Meat and fish meal$201 million · 4.4%
    103 thousand tonnes
  4. Furniture$191 million · 4.2%
    27 thousand tonnes
  5. Cane and beet sugar$90 million · 2%
    90 thousand tonnes
  6. Refined petroleum$89 million · 2%
    115 thousand tonnes · Denmark’s destinations
  7. Pitch and pitch coke$78 million · 1.7%
    85 thousand tonnes
  8. Steel structures$63 million · 1.4%
    17 thousand tonnes
  9. 3 thousand tonnes
  10. Electricity$59 million · 1.3%
    Denmark’s destinations

What Norway sells to Denmark

The top 10 headings in 2024, with their share of the total.

  1. Fresh fish$1 billion · 17%
    179 thousand tonnes
  2. Natural gas and LPG$652 million · 10.7%
    2.4 million tonnes
  3. Crude petroleum$570 million · 9.4%
    876 thousand tonnes · Norway’s destinations
  4. Unwrought aluminum$549 million · 9%
    151 thousand tonnes · Norway’s destinations
  5. Electricity$483 million · 7.9%
    Norway’s destinations
  6. Refined petroleum$464 million · 7.6%
    651 thousand tonnes · Norway’s destinations
  7. Aluminum sheet$156 million · 2.6%
    30 thousand tonnes
  8. 799 tonnes · Denmark’s sources
  9. Gravel and crushed stone$125 million · 2.1%
    7.1 million tonnes
  10. 20 thousand tonnes

How it travels

Estimated sea route from Aarhus to Oslo.

The estimated sea route between Aarhus and Oslo is 261 nautical miles (483 km) long: ≈ 0.5–1 day at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$9.5 billion · 89.3%
  2. Air$1.1 billion · 10.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Norway was Denmark’s 7th largest trading partner (4% of its trade), and Denmark was Norway’s 10th (4%).

Norway in Denmark’s trade
4.5%
Norway’s rank among Denmark’s partners
7th
Denmark in Norway’s trade
3.9%
Denmark’s rank among Norway’s partners
10th

Compare with

Sources and methodology

Sources and licenses

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.