2022
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GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
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 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Denmark-Japan Trade: In 2022, Denmark exported $2.28B to Japan. The main products that Denmark exported to Japan were Packaged Medicaments ($735M), Pig Meat ($389M), and Vaccines, blood, antisera, toxins and cultures ($98M). Over the past 5 years the exports of Denmark to Japan have increased at an annualized rate of 2.54%, from $2.01B in 2017 to $2.28B in 2022.

In 2020, Denmark exported services to Japan worth $1.1B, with Transportation ($714M), Royalties and license fees ($237M), and Computer and information services ($73.1M) being the largest in terms of value.

Japan-Denmark Trade: In 2022, Japan exported $656M to Denmark. The main products that Japan exported to Denmark were Cars ($186M), Passenger and Cargo Ships ($88.5M), and Medical Instruments ($36.7M). Over the past 5 years the exports of Japan to Denmark have increased at an annualized rate of 6.26%,  from $485M in 2017 to $656M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $2.28B to Japan. The main products exported from Denmark to Japan were Packaged Medicaments ($735M), Pig Meat ($389M), and Vaccines, blood, antisera, toxins and cultures ($98M). During the last 5 years the exports of Denmark to Japan have increased at an annualized rate of 2.54%, from $2.01B in 2017 to $2.28B in 2022.

In 2017, Japan exported $656M to Denmark. The main products exported from Japan to Denmark were Cars ($186M), Passenger and Cargo Ships ($88.5M), and Medical Instruments ($36.7M). During the last 5 years the exports of Japan to Denmark have increased at an annualized rate of 6.26%, from $485M in 2022 to $656M in 2017.

Exports from Denmark (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and Japan (Flag)

Denmark Exports

Japan Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Denmark than Japan included Sweden ($11.6B), Norway ($6.53B), and Finland ($2.37B).

In 2022, countries that imported more from Japan than Denmark included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Denmark - Japan

Flow
Scale

This chart compares trade between Denmark and Japan by product, considering products traded by both, Denmark and Japan.

During 2022, Denmark had a large net trade with Japan in the exports of Chemical Products ($1.02B), Animal Products ($524M), and Machines ($262M).

During 2017, Japan had a large net trade with Denmark in the exports of Transportation ($293M), Machines ($150M), and Instruments ($66.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Japan+$109MPackaged Medicaments
Top Product Potential Japan Denmark+$90.8MCars

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 Japan. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Denmark.

Product Space of Denmark (Flag) and Japan (Flag) (2022)

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