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2022
Flag → Flag
Exports $1.49BRnk 43 / 219
2022
Flag → Flag
Top Product $134MNon-Knit Men's Suits
2022
Flag → Flag
Exports $1.34BRnk 16 / 218
2022
Flag → Flag
Top Product $453MScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Turkey-Denmark Trade: In 2022, Turkey exported $1.49B to Denmark. The main products that Turkey exported to Denmark were Non-Knit Men's Suits ($134M), Non-Knit Women's Suits ($113M), and Delivery Trucks ($82.4M). Over the past 5 years the exports of Turkey to Denmark have increased at an annualized rate of 6.44%, from $1.09B in 2017 to $1.49B in 2022.

In 2009, Turkey exported services to Denmark worth $202M, with Travel ($198M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

Denmark-Turkey Trade: In 2022, Denmark exported $1.34B to Turkey. The main products that Denmark exported to Turkey were Scrap Iron ($453M), Packaged Medicaments ($155M), and Enzymes ($70.1M). Over the past 5 years the exports of Denmark to Turkey have increased at an annualized rate of 8.27%,  from $900M in 2017 to $1.34B in 2022.

In 2020, Denmark exported services to Turkey worth $777M, with Transportation ($647M), Financial services ($30.6M), and Other business services ($27.9M) being the largest in terms of value.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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
Value

In 2022, Turkey exported $1.49B to Denmark. The main products exported from Turkey to Denmark were Non-Knit Men's Suits ($134M), Non-Knit Women's Suits ($113M), and Delivery Trucks ($82.4M). During the last 5 years the exports of Turkey to Denmark have increased at an annualized rate of 6.44%, from $1.09B in 2017 to $1.49B in 2022.

In 2017, Denmark exported $1.34B to Turkey. The main products exported from Denmark to Turkey were Scrap Iron ($453M), Packaged Medicaments ($155M), and Enzymes ($70.1M). During the last 5 years the exports of Denmark to Turkey have increased at an annualized rate of 8.27%, from $900M in 2022 to $1.34B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Denmark (Flag)

Turkey Exports

Denmark Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Turkey than Denmark included Iraq ($13.7B), Italy ($12.6B), and Russia ($9.24B).

In 2022, countries that imported more from Denmark than Turkey included Sweden ($11.6B), Norway ($6.53B), and China ($5.57B).

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

Comparative Advantage Turkey - Denmark

Flow
Scale

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

During 2022, Turkey had a large net trade with Denmark in the exports of Textiles ($546M), Transportation ($292M), and Machines ($252M).

During 2017, Denmark had a large net trade with Turkey in the exports of Metals ($507M), Chemical Products ($297M), and Machines ($256M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Denmark+$54.7MCars
Top Product Potential Denmark Turkey+$67.1MPackaged 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

Tur Year

In 2009, Turkey exported services to Denmark worth $202M, with Travel ($198M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Denmark exported services to Turkey worth $777M, with Transportation ($647M), Financial services ($30.6M), and Other business services ($27.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Denmark (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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