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2022
Flag → Flag
Exports $656MRnk 57 / 211
2022
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Top Product $186MCars
2022
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Exports $2.28BRnk 13 / 218
2022
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Top Product $735MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

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.

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.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

June, 2024

About

Overview In June 2024, Japan exported ¥7.12B and imported ¥21.2B from Denmark, resulting in a negative trade balance of ¥14.1B. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-158M (-2.18%) from ¥7.28B to ¥7.12B, while imports decreased by ¥-3.6B (-14.5%) from ¥24.8B to ¥21.2B.

Trade In June 2024, the top exports of Japan to Denmark were Cars (¥1.21B), Commodities not elsewhere specified (¥619M), Polyacetals (¥302M), Medical Instruments (¥266M), and Large Construction Vehicles (¥220M). In June 2024 the top imports of Japan from Denmark were Packaged Medicaments (¥8.16B), Pig Meat (¥2.97B), Vaccines, blood, antisera, toxins and cultures (¥982M), Cheese (¥801M), and Nitrogen Heterocyclic Compounds (¥551M).

Origins In June 2024 the exports of Japan were mainly from Aichi (¥2.24B), Chiba (¥1.6B), Tokyo (¥920M), Osaka (¥690M), and Hyōgo (¥615M), while imports destinations were mainly Tokyo (¥6.03B), Chiba (¥5B), Osaka (¥3.64B), Kanagawa (¥3.49B), and Hyōgo (¥1.11B).

Growth In June 2024, the decrease in Japan's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Cars (¥-171M or -12.4%), Transmissions (¥-115M or -71%), and Optical Fibers and optical fibre bundles (¥-49.8M or -95.6%). In June 2024, the decrease in Japan's year-by-year imports  from Denmark was explained primarily by an decrease in product imports  in Vaccines, blood, antisera, toxins and cultures (¥-1.29B or -56.7%), Prepr binder for foundry (¥-1.16B or -87.5%), and Vegetable Saps (¥-829M or -97.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-158M(-2.18%)
IMPORT GROWTH (June 2023 - June 2024)¥-3.6B(-14.5%)
MAIN EXPORTER (June 2024)Aichi¥2.24B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Denmark and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $656M in 2022.

In 2017, 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 2022 to $2.28B in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Denmark
Top DestinationGermany$18.9B

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

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

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

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

Comparative Advantage Japan - Denmark

Flow
Scale

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

During 2022, Japan had a large net trade with Denmark in the exports of Transportation ($293M), Machines ($150M), and Instruments ($66.5M).

During 2017, Denmark had a large net trade with Japan in the exports of Chemical Products ($1.02B), Animal Products ($524M), and Machines ($262M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Denmark+$90.8MCars
Top Product Potential Denmark Japan+$109MPackaged 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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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Denmark. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Japan.

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

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