Denmark is one of the leading Scandinavian countries which is situated in Northern Europe. The neighboring countries are Sweden, Norway and it is bordered to the south by Germany. As it shares boundaries with some of the largest economies, its own economy has flourished admirably and its GDP is considered among the largest GDPs in the world.
It is a small country that consists of several islands and supports an open trade policy. As a result, it welcomes both imports and exports from other countries liberally. Geographically, it is surrounded by the North Atlantic sea and most of the import and export take place overseas.
This is an infographic that explains Denmark’s top export and import goods. Feel free to share it on social sites, but don’t forget to share the credit.
Table of Contents
Denmark’s Top 10 Export Countries
Most of the lands of Denmark are fertile. Farming is done using modern technologies. As a result, it produces huge crops every year and there are a lot of dairy farms that produce a huge amount of meat and dairy products at a reasonable cost. Countries from special categories import the Danish products the most with a value worth 21 billion USD.
Denmark estimated Export reaches 10.5 billion USD in March 2021.
Then comes Germany with a percentage of 12.5% and a value worth of 13.4 billion.
Again other Scandanavians sisters like Sweden, Netherlands, and Norway come in the list as top exporters with values worth 9.27 billion, 6.19 billion, and 6.16 billion respectively. Countries like the UK, the USA, China are also importers of Danish products. Poland and France’s export values are 3.69 and 3.09 billion USD respectively.
Top Export Countries List
Sl. No. | Export Countries | Percentage | Value (USD) |
1 | Special Categories | 20% | 21 billion |
2 | Germany | 12.5% | 13.4 billion |
3 | Sweden | 8.66% | 9.27 billion |
4 | Netherlands | 5.78% | 6.19 billion |
5 | Norway | 5.75% | 6.16 billion |
6 | United Kingdom | 4.65% | 4.98 billion |
7 | USA | 4.6% | 4.93 billion |
8 | China | 4.06% | 4.34 billion |
9 | Poland | 3.45% | 3.69 billion |
10 | France | 2.88% | 3.09 billion |
Denmark’s Top Export Goods 2021
The main export goods of Denmark are pharmaceuticals with a total value of worth 19 billion. Next to that, Industrial machinery and nuclear reactors are also included in the list with 14.1 billion USD. Electrical machinery and oil and mineral fuels are also exported in large quantities from Denmark. When it comes to precision instruments, it exports a wide range of precision instruments to different countries worldwide.
As Denmark is surrounded by sea, it exports seafood worth 2.85 billion. Meat and dairy products are an integral part of Denmark’s export products worth 4.12 billion and 2.75 billion USD respectively.
List of Export Goods from Denmark
Sl. No. | Export Product | Percentage | Value (USD) |
1 | Pharmaceuticals | 17.7% | 19 billion |
2 | Industrial Machinery, Nuclear reactors | 13.2% | 14.1 billion |
3 | Electrical Machinery | 7.92% | 8.48 billion |
4 | Oil & Mineral Fuels | 2.62% | 2.8 billion |
5 | Precision Instruments | 3.87% | 4.14 billion |
6 | Meat | 3.85% | 4.12 billion |
7 | Furniture | 2.95% | 3.15 billion |
8 | Motor Vehicles & Parts | 2.82% | 3.02 billion |
9 | Seafood | 2.67% | 2.85 billion |
10 | Dairy Products | 1.02% | 2.75 million |
Denmark’s Top 10 Import Countries
Denmark takes advantage of its location and imports raw materials and oils required for manufacturing industries. Denmark mostly trades with its neighboring countries.
The top five importer countries for Denmark in 2021 are Germany, Sweden, Netherlands, China, Poland.
Germany’s percentage of imports is the largest with a value worth 20 billion. Then comes another two Scandinavian countries Sweden and Netherlands with a value worth 12 billion and 8.11 million respectively.
China is also importing its products to Denmark due to the liberalization of the market and a friendly trade relationship with Denmark. Other neighboring countries that import to Denmark are Norway, Belgium, and Italy. Countries like Poland, United Kingdom, and the USA can also be included as the main importing countries of Denmark.
- Germany: 21%, 20 billion
- Sweden: 12.5%, 12 billion
- Netherlands: 8.45%, 8.11 billion
- China: 7.86%, 7.55 billion
- Poland: 4.53%, 4.35 billion
- United Kingdom: 3.54%, 3.39 billion
- Italy: 3.33%, 3.2 billion
- Norway: 3.32%, 3.18 billion
- Belgium: 3.28%, 3.15 billion
- USA: 3.1%, 2.97 billion
Denmark’s Import Goods
Denmark imports different products required for manufacturing industries. It accelerates the production and industrial advancement of the nation and also helps technological development. Unlike its neighboring countries, Denmark has not had a sufficient amount of mineral oil and fossil fuels. Industrial and Electrical machinery is imported of worth 13.1 billion and 9.79 billion USD. There are other imported goods like iron and steel articles, plastics, and precision instruments.
- Industrial Machinery: 13.7%, 13.1 billion
- Electrical Machinery: 10.2% , 9.79 billion
- Motor Vehicles & Parts: 8.33% , 7.99 billion
- Oil & Mineral Fuels: 4.63% , 4.44 billion
- Pharmaceuticals: 5.52%, 5.3 billion
- Plastics: 4.06% , 3.9 billion
- Precision Instruments: 3.11% , 2.99 billion
- Iron & Steel Articles: 2.9%, 2.78 billion
- Apparel, Non-Knit: 2.63%, 2.53 billion
- Furniture: 2.75% , 2.64 billion
Product
- Revenue of Product Exports in 2019: $104B
- Revenue of Product Imports in 2019: $98.9B
GDP
- $340 billion: Nominal, 2020
- $336 billion: PPP, 2020
Per Capita
- Revenue of Per Capita Product Exports in 2019: $18k
- Revenue of Per Capita Product Imports in 2019: $17k
Service Export & Import
- Revenue of Service Exports in 2017: $64B
- Revenue of Service Imports in 2017: $58.6B
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