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2022
Flag → Flag
Exports $179MRnk 61 / 218
2022
Flag → Flag
Exports $101MRnk 53 / 187
2022
Flag → Flag
Top Product $88.4MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Denmark-Colombia Trade: In 2022, Denmark exported $179M to Colombia. The main products that Denmark exported to Colombia were N/A. Over the past 5 years the exports of Denmark to Colombia have increased at an annualized rate of 11.9%, from $102M in 2017 to $179M in 2022.

In 2022, Denmark did not export any services to Colombia.

Colombia-Denmark Trade: In 2022, Colombia exported $101M to Denmark. The main products that Colombia exported to Denmark were Coal Briquettes ($88.4M), Coffee ($4.09M), and Processed Fish ($3.23M). Over the past 5 years the exports of Colombia to Denmark have increased at an annualized rate of 25.7%,  from $32.1M in 2017 to $101M in 2022.

In 2022, Colombia did not export any services to Denmark.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Latest Data

Trade between Denmark (Flag) and Colombia (Flag)

Denmark Exports

Colombia Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Colombia
Top DestinationUnited States$15.6B

This map shows whether countries import more from Denmark or Colombia. Each country is colored based on the difference in imports they receive from Denmark and Colombia or the difference in the growth in imports.

In 2022, countries that imported more from Denmark than Colombia included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

In 2022, countries that imported more from Colombia than Denmark included Panama ($5.84B), United States ($15.6B), and Ecuador ($1.89B).

Difference in imports from Colombia (Flag) and Denmark (Flag) (2022)

Potential Exports

Potential Exports

Depth
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Top Product Potential Denmark Colombia+$27.4MPackaged Medicaments
Top Product Potential Colombia Denmark+$4.34MCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Denmark and Colombia. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Denmark.

Product Space of Denmark (Flag) and Colombia (Flag) (NaN)

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