Denmark / Russia

Denmark-Russia Trade: In 2022, Denmark exported $322M to Russia. The main products that Denmark exported to Russia were Passenger and Cargo Ships ($30.4M), Industrial Food Preperation Machinery ($24.8M), and Malt Extract ($21.2M). Over the past 5 years the exports of Denmark to Russia have decreased at an annualized rate of 24.8%, from $1.34B in 2017 to $322M in 2022.

In 2020, Denmark exported services to Russia worth $734M, with Transportation ($577M), Other business services ($53.7M), and Construction services ($42.5M) being the largest in terms of value.

Russia-Denmark Trade: In 2022, Russia exported $752M to Denmark. The main products that Russia exported to Denmark were Semi-Finished Iron ($441M), Crude Petroleum ($61.4M), and Fuel Wood ($33.3M). Over the past 5 years the exports of Russia to Denmark have decreased at an annualized rate of 22.2%,  from $2.63B in 2017 to $752M in 2022.

In 2020, Russia exported services to Denmark worth $221M, with Other business services ($134M), Transportation ($63.5M), and Computer and information services ($15.5M) being the largest in terms of value.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).