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2022
Flag → Flag
Exports $236MRnk 54 / 218
2022
Flag → Flag
Top Product $65.1MPackaged Medicaments
2022
Flag → Flag
Exports $143MRnk 42 / 185
2022
Flag → Flag
Top Product $33.2MWine
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Denmark-Chile Trade: In 2022, Denmark exported $236M to Chile. The main products that Denmark exported to Chile were Packaged Medicaments ($65.1M), Vaccines, blood, antisera, toxins and cultures ($10.5M), and Enzymes ($9.49M). Over the past 5 years the exports of Denmark to Chile have increased at an annualized rate of 6.05%, from $176M in 2017 to $236M in 2022.

In 2020, Denmark exported services to Chile worth $238M, with Transportation ($215M), Computer and information services ($8M), and Other business services ($4.91M) being the largest in terms of value.

Chile-Denmark Trade: In 2022, Chile exported $143M to Denmark. The main products that Chile exported to Denmark were Wine ($33.2M), Fish oil ($24.7M), and Plywood ($18.5M). Over the past 5 years the exports of Chile to Denmark have decreased at an annualized rate of 6.41%,  from $200M in 2017 to $143M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $236M to Chile. The main products exported from Denmark to Chile were Packaged Medicaments ($65.1M), Vaccines, blood, antisera, toxins and cultures ($10.5M), and Enzymes ($9.49M). During the last 5 years the exports of Denmark to Chile have increased at an annualized rate of 6.05%, from $176M in 2017 to $236M in 2022.

In 2017, Chile exported $143M to Denmark. The main products exported from Chile to Denmark were Wine ($33.2M), Fish oil ($24.7M), and Plywood ($18.5M). During the last 5 years the exports of Chile to Denmark have decreased at an annualized rate of 6.41%, from $200M in 2022 to $143M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Chile (Flag)

Denmark Exports

Chile Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Chile
Top DestinationChina$38.5B

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

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

In 2022, countries that imported more from Chile than Denmark included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Denmark - Chile

Flow
Scale

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

During 2022, Denmark had a large net trade with Chile in the exports of Chemical Products ($102M), Machines ($70.3M), and Instruments ($19.2M).

During 2017, Chile had a large net trade with Denmark in the exports of Foodstuffs ($49.3M), Vegetable Products ($31.1M), and Animal and Vegetable Bi-Products ($24.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Chile+$15.2MPackaged Medicaments
Top Product Potential Chile Denmark+$4.44MFish Fillets

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

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

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