2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Denmark-Uzbekistan Trade: In 2022, Denmark exported $57.3M to Uzbekistan. The main products that Denmark exported to Uzbekistan were Soybean Meal ($19.5M), Industrial Food Preperation Machinery ($4.66M), and Orthopedic Appliances ($3.45M). Over the past 5 years the exports of Denmark to Uzbekistan have increased at an annualized rate of 32.5%, from $14M in 2017 to $57.3M in 2022.

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

Uzbekistan-Denmark Trade: In 2022, Uzbekistan exported $93.7k to Denmark. The main products that Uzbekistan exported to Denmark were Packaged Medicaments ($66.8k), Non-Knit Women's Suits ($7.88k), and Office Machine Parts ($4.45k). Over the past 5 years the exports of Uzbekistan to Denmark have decreased at an annualized rate of 51%,  from $3.3M in 2017 to $93.7k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $57.3M to Uzbekistan. The main products exported from Denmark to Uzbekistan were Soybean Meal ($19.5M), Industrial Food Preperation Machinery ($4.66M), and Orthopedic Appliances ($3.45M). During the last 5 years the exports of Denmark to Uzbekistan have increased at an annualized rate of 32.5%, from $14M in 2017 to $57.3M in 2022.

In 2017, Uzbekistan exported $93.7k to Denmark. The main products exported from Uzbekistan to Denmark were Packaged Medicaments ($66.8k), Non-Knit Women's Suits ($7.88k), and Office Machine Parts ($4.45k). During the last 5 years the exports of Uzbekistan to Denmark have decreased at an annualized rate of 51%, from $3.3M in 2022 to $93.7k in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Uzbekistan (Flag)

Denmark Exports

Uzbekistan Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Uzbekistan
Top Destination
Switzerland$4.29B

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

In 2022, countries that imported more from Denmark than Uzbekistan included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Uzbekistan than Denmark included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

Comparative Advantage Denmark - Uzbekistan

Flow
Scale

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

During 2022, Denmark had a large net trade with Uzbekistan in the exports of Foodstuffs ($20M), Machines ($15.1M), and Chemical Products ($7.22M).

During 2017, Uzbekistan had a large net trade with Denmark in the exports of Chemical Products ($67.1k), Machines ($9.07k), and Textiles ($8.71k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Uzbekistan+$1.88MComputers
Top Product Potential Uzbekistan Denmark+$183kPackaged Medicaments

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

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

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