Denmark (DNK)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Denmark - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Germany (DEU) | 13.4% $17.97B | 19.3% $23.82B | 16.3% $41.79B |
| 2 | Sweden (SWE) | 7.8% $10.49B | 11.5% $14.20B | 9.6% $24.69B |
| 3 | Netherlands (NLD) | 5.8% $7.79B | 9.0% $11.08B | 7.3% $18.87B |
| 4 | USA (USA) | 5.4% $7.17B | 5.6% $6.85B | 5.5% $14.02B |
| 5 | Norway (NOR) | 5.2% $7.02B | 4.6% $5.61B | 4.9% $12.63B |
| 6 | China (CHN) | 2.4% $3.22B | 7.4% $9.10B | 4.8% $12.32B |
| 7 | Poland (POL) | 4.0% $5.30B | 4.7% $5.83B | 4.3% $11.13B |
| 8 | United Kingdom (GBR) | 4.3% $5.75B | 2.1% $2.54B | 3.2% $8.30B |
| 9 | France (FRA) | 3.4% $4.49B | 3.0% $3.73B | 3.2% $8.23B |
| 10 | Italy (ITA) | 2.0% $2.65B | 3.4% $4.24B | 2.7% $6.89B |
- In 2024, Denmark's total trade was valued at $256.9B, ranking it 32nd globally. This comprised $133.7B in exports and $123.2B in imports, resulting in a trade surplus of $10.5B.
- The country's top export category was Pharmaceutical products (HS2 30), accounting for $21.7B or 16.3% of total exports.
- Denmark's primary export destination was Germany, which received $18.0B (13.4%) of its goods, followed by Sweden with $10.5B.
- Imports were led by Machinery and mechanical appliances (HS2 84) at $13.5B, which is 11.0% of total imports.
- Germany was also the largest source of imports, supplying $23.8B (19.3%) of Denmark's total imports, with Sweden following at $14.2B.
Denmark's Export Profile
In 2024, Denmark exported a total of $133.7B, making it the 32nd largest exporter in the world. The country's export economy is significantly driven by high-value goods. The leading export category was Pharmaceutical products, with a total value of $21.7B, representing 16.3% of all exports. Following this, Machinery and mechanical appliances accounted for $16.9B (12.6%). Denmark's most significant export partner is Germany, which received goods worth $18.0B, followed by Sweden and the United States.
Denmark's Import Profile
Denmark's imports in 2024 totaled $123.2B, ranking it 33rd globally. The country's top import categories reflect its industrial and consumer needs. The most significant import category was Machinery and mechanical appliances, with a value of $13.5B, or 11.0% of total imports. This was closely followed by Vehicles at $11.8B. On the partner side, Germany is the most crucial source of imports, providing $23.8B (19.3% share), with significant trade also coming from Sweden and the Netherlands.
Exports
Denmark - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Denmark - export composition by product categories (Exports), 2024 (USD)
Denmark - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Denmark - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.