Denmark / South Korea

Denmark-South Korea Trade: In 2022, Denmark exported $1.04B to South Korea. The main products that Denmark exported to South Korea were Packaged Medicaments ($134M), Liquid Pumps ($62.6M), and Pig Meat ($61.2M). Over the past 5 years the exports of Denmark to South Korea have increased at an annualized rate of 8.43%, from $694M in 2017 to $1.04B in 2022.

In 2020, Denmark exported services to South Korea worth $836M, with Transportation ($674M), Royalties and license fees ($81.7M), and Computer and information services ($37.1M) being the largest in terms of value.

South Korea-Denmark Trade: In 2022, South Korea exported $639M to Denmark. The main products that South Korea exported to Denmark were Hot-Rolled Iron ($142M), Cars ($139M), and Engine Parts ($35.3M). Over the past 5 years the exports of South Korea to Denmark have decreased at an annualized rate of 14.4%,  from $1.39B in 2017 to $639M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).