Saudi Arabia (SAU) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Denmark Trade: In 2022, Saudi Arabia exported $97.4M to Denmark. The main products that Saudi Arabia exported to Denmark were Refined Petroleum ($62.3M), Propylene Polymers ($24.4M), and Coal Tar Oil ($2.95M). Over the past 5 years the exports of Saudi Arabia to Denmark have increased at an annualized rate of 20.5%, from $38.3M in 2017 to $97.4M in 2022.

In 2022, Saudi Arabia did not export any services to Denmark.

Denmark-Saudi Arabia Trade: In 2022, Denmark exported $456M to Saudi Arabia. The main products that Denmark exported to Saudi Arabia were Malt Extract ($122M), Other Edible Preparations ($37.7M), and Butter ($27.2M). Over the past 5 years the exports of Denmark to Saudi Arabia have decreased at an annualized rate of 9.28%, from $742M in 2017 to $456M in 2022.

In 2022, Denmark did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $97.4M to Denmark. The main products exported from Saudi Arabia to Denmark were Refined Petroleum ($62.3M), Propylene Polymers ($24.4M), and Coal Tar Oil ($2.95M). During the last 5 years the exports of Saudi Arabia to Denmark have increased at an annualized rate of 20.5%, from $38.3M in 2017 to $97.4M in 2022.

In 2017, Denmark exported $456M to Saudi Arabia. The main products exported from Denmark to Saudi Arabia were Malt Extract ($122M), Other Edible Preparations ($37.7M), and Butter ($27.2M). During the last 5 years the exports of Denmark to Saudi Arabia have decreased at an annualized rate of 9.28%, from $742M in 2022 to $456M in 2017.

Exports from Saudi Arabia () to Denmark () (2022)

Exports from Denmark () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Denmark ()

Saudi Arabia Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Saudi Arabia than Denmark included China ($68B), India ($46.2B), and South Korea ($36B).

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

Difference in imports from Denmark () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Denmark in the exports of Mineral Products ($65.3M), Plastics and Rubbers ($26.1M), and Machines ($2.63M).

During 2017, Denmark had a large net trade with Saudi Arabia in the exports of Foodstuffs ($172M), Machines ($97.2M), and Chemical Products ($61.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Denmark+$54.2MRefined Petroleum

Top Product Potential Denmark Saudi Arabia+$12.6MVaccines, blood, antisera, toxins and cultures

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Denmark () (2022)

Exports from Denmark () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Denmark ()

Saudi Arabia Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Denmark () (2022)

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