Overview of the Denmark Trade in 2023

The import and export trade market of Denmark has always been a crucial player in the global trade market. The highly open and export-oriented economy of the nation is establishing its solidifying position in the leading industries like pharmaceuticals, machinery, and renewable energy recording a pivotal growth of the overall revenue rate. The initiatives taken by the government toward promotion of the international trade have had a positive impact on the country’s economic growth. The investments in innovation and technology-related solutions actively seeking global investment opportunities are the ones that are working as a backbone to the entire export trade market recording the gradual growth of regional exports.

The growing global acquisitions from the trade management authorities of Denmark have indulged the trading authorities inducing wide variants of different globally leading exports recording an export trade value of 145 billion US dollars in 2023. In correspondence with the export market, the import of the same also runs in a simultaneous manner recording an annual import trade value of 89 billion US dollars. Import Globals with its Denmark Trade Data highlights the global trade insights of the country’s regional exports for helping the business holders expand their business via optimization of the latest trend details.

TOP 10 IMPORT OF THE DENMARK IN 2023

According to the Denmark Import Data, the top 10 imported goods of the nation in 2023 are,

 

  • Machinery – Import trade value of Machinery in 2023 – 34 billion US dollars
  • Mineral Fuels– Import trade value of Mineral Fuels in 2023 – 26 billion US dollars
  • Vehicles – Import trade value of Vehicles in 2023 – 18 billion US dollars
  • Pharmaceuticals– Import trade value of Pharmaceuticals in 2023 – 12 billion US dollars
  • Iron & Steel – Import trade value of Iron & Steel in 2023 – 10 billion US dollars
  • Plastics– Import trade value of Plastics in 2023 – 8 billion US dollars
  • Organic Chemicals– Import trade value of Organic Chemicals in 2023 – 6 billion US dollars
  • Optical & Medical Instruments – Import trade value of Optical & Medical Instruments in 2023 – 5 billion US dollars
  • Clothing & Accessories – Import trade value of Clothing & Accessories in 2023 – 2 billion US dollars
  • Fruits & Nuts– Import trade value of Clothing & Accessories in 2023 – 1 billion US dollars

TOP 10 IMPORT TRADE PARTNERS OF THE DENMARK IN 2023

The adoption of different trade agreements for building a trade relation with the leading destination estates has attracted different foreign investors worldwide. According to the Denmark Customs Data, the top 10 import trade partners of the nation in 2023 are,

 

  • Germany – Total valuation of imports in Denmark from Germany  in 2023 – 32 billion US dollars
  • Sweden– Total valuation of imports in Denmark from Sweden in 2023 – 28 billion US dollars
  • China – Total valuation of imports in Denmark from China  in 2023 – 24 billion US dollars
  • United States– Total valuation of imports in Denmark from the United States in 2023 – 22 billion US dollars
  • Netherlands – Total valuation of imports in Denmark from the Netherlands  in 2023 – 16 billion US dollars
  • Norway – Total valuation of imports in Denmark from Norway in 2023 – 12 billion US dollars
  • Dominican Republic– Total valuation of imports in Denmark from the Dominican Republic in 2023 – 10 billion US dollars
  • United Kingdom– Total valuation of imports in Denmark from the United Kingdom in 2023 – 9 billion US dollars
  • France – Total valuation of imports in Denmark from France  in 2023 – 8 billion US dollars
  • Italy – Total valuation of imports in Denmark from Italy  in 2023 – 7 billion US dollars

TOP 10 EXPORTED GOODS OF DENMARK IN 2023

According to the Denmark Export Data, the top 10 exported goods of the nation in 2023 are,

 

  • Pharmaceutical Products  – Export trade value of Pharmaceutical Products  in 2023 – 48 billion US dollars
  • Machinery and Equipment– Export trade value of Machinery and Equipment in 2023 – 31 billion US dollars
  • Food Products– Export trade value of Food Products in 2023 – 25 billion US dollars
  • Chemicals – Export trade value of Chemicals in 2023 – 19 billion US dollars
  • Oil and Gas – Export trade value of Oil and Gas  in 2023 – 17 billion US dollars
  • Furniture – Export trade value of Furniture in 2023 – 15 billion US dollars
  • Clothing and Textiles – Export trade value of Clothing and Textiles in 2023 – 12 billion US dollars
  • Vehicles – Export trade value of Vehicles in 2023 – 8 billion US dollars
  • Iron and Steel– Export trade value of Iron and Steel in 2023 – 7 billion US dollars
  • Electronic Equipment – Export trade value of Electronic Equipment  in 2023 – 5 billion US dollars

TOP 10 EXPORT TRADE PARTNERS OF DENMARK IN 2023

The growing political stability of the nation and increasing efforts towards diversification have recorded a tremendous hike in regional distributions. According to the Denmark Trade Data, the top 10 export trade partners of the nation in 2023 are,


  • Germany – Total valuation of exports from Denmark to Germany  in 2023 – 43 billion US dollars
  • Sweden– Total valuation of exports from Denmark to Sweden in 2023 – 24 billion US dollars
  • United Kingdom– Total valuation of exports from Denmark to the United Kingdom in 2023 – 22 billion US dollars
  • Norway – Total valuation of exports from Denmark to Norway in 2023 – 15 billion US dollars
  • USA – Total valuation of exports from Denmark to the USA  in 2023 – 12 billion US dollars
  • Netherlands  – Total valuation of exports from Denmark to the Netherlands  in 2023 – 10 billion US dollars
  • China – Total valuation of exports from Denmark to China  in 2023 – 8 billion US dollars
  • Malaysia – Total valuation of exports from Denmark to Malaysia in 2023 – 7 billion US dollars
  • France – Total valuation of exports from Denmark to Malaysia in 2023 – 5 billion US dollars
  • Italy – Total valuation of exports from Denmark to Italy  in 2023 – 4 billion US dollars

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