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Denmark - Trade Balance 2022

External balance on goods and services · World Bank
$38.1B +$13.3B from 2021 Global rank: 164th

Denmark's trade balance was $38.1B in 2022, increased +$13.3B from $24.7B in 2021. This was the 164th highest globally.

Global Ranking - 2022▾
Trade Balance by Country - 2022
RankCountryValueYoY
1st United States $-958.9B -11.5%
2nd Japan $-158.6B -505.1%
3rd India $-119.5B -43.8%
4th France $-76.3B -112.2%
5th Philippines $-63.3B -34.1%
6th Pakistan $-44.8B -44.0%
7th Mexico $-43.0B -69.3%
8th Italy $-38.3B -186.0%
9th Bangladesh $-36.9B -38.5%
10th United Kingdom $-34.2B -2,748.1%
11th Türkiye $-33.5B -900.0%
12th Egypt, Arab Republic of $-32.5B 12.5%
13th Ukraine $-26.7B -913.0%
14th Colombia $-25.9B -6.3%
15th Greece $-21.1B -28.7%
16th Romania $-20.4B -26.2%
17th Guatemala $-15.8B -30.7%
18th Morocco $-15.1B -14.7%
19th Uzbekistan $-14.7B -28.0%
20th Nepal $-14.6B -20.9%
21st Belgium $-13.8B -223.5%
22nd New Zealand $-13.4B -34.8%
23rd Chile $-12.0B -327.2%
24th Dominican Republic $-11.7B -38.9%
25th Thailand $-10.5B -1,442.2%
26th Hungary $-9.7B -1,345.0%
27th Kenya $-9.6B 0.7%
28th Lebanon $-9.5B -53.3%
29th Jordan $-9.3B 1.9%
30th Honduras $-8.7B -26.1%
31st West Bank and Gaza $-8.7B -25.5%
32nd El Salvador $-7.6B -7.7%
33rd Senegal $-7.3B -31.6%
34th Serbia $-7.0B -37.6%
35th Slovak Republic $-6.9B -1,148.4%
36th Mozambique $-6.7B -32.6%
37th Portugal $-6.2B 13.3%
38th Tunisia $-6.0B -27.4%
39th Somalia, Fed. Rep. $-5.7B -27.4%
40th Finland $-5.6B -3,598.1%
41st Afghanistan $-5.2B -61.6%
42nd Syrian Arab Republic $-5.2B -19.9%
43rd Kyrgyz Republic $-5.0B -88.3%
44th Uganda $-4.8B -15.9%
45th Croatia $-4.5B -139.2%
46th Haiti $-4.5B 6.5%
47th Moldova $-4.3B -15.8%
48th Guam $-3.9B -11.7%
49th Tajikistan $-3.5B -67.2%
50th Austria $-3.4B -181.6%
51st Bosnia and Herzegovina $-3.3B -27.0%
52nd Tanzania $-3.2B -167.3%
53rd Zimbabwe $-3.1B -64.7%
54th Côte d'Ivoire $-3.1B -709.3%
55th Kosovo $-3.1B -2.3%
56th Congo, Democratic Republic of $-2.9B -1,933.1%
57th North Macedonia $-2.9B -29.3%
58th Sri Lanka $-2.6B 59.6%
59th Malawi $-2.6B -9.6%
60th Nicaragua $-2.4B -28.6%
61st Georgia $-2.4B 20.6%
62nd Namibia $-2.3B 5.3%
63rd Rwanda $-2.2B -27.3%
64th Mauritania $-2.2B -171.9%
65th Mali $-2.1B 5.3%
66th Paraguay $-2.1B -526.1%
67th Albania $-2.0B 18.4%
68th New Caledonia $-1.9B 9.2%
69th Latvia $-1.9B -53.3%
70th Mauritius $-1.8B -10.9%
71st Lithuania $-1.5B -149.8%
72nd French Polynesia $-1.5B 6.9%
73rd Madagascar $-1.4B -11.8%
74th Montenegro $-1.4B -25.4%
75th Cameroon $-1.2B 29.9%
76th Lesotho $-1.2B -2.8%
77th Mongolia $-1.1B -248.0%
78th Bhutan $-1.0B -88.6%
79th Togo $-999.2M -15.7%
80th Bolivia, Plurinational State of $-987.1M -266.8%
81st Burkina Faso $-946.8M -251.4%
82nd Sierra Leone $-818.4M -3.4%
83rd Guinea $-662.6M -40.7%
84th Gambia, The $-608.1M -4.6%
85th Cambodia $-583.7M -8.8%
86th Ghana $-582.0M 71.8%
87th Northern Mariana Islands $-533.0M 12.8%
88th Virgin Islands (US) $-509.0M -4,341.7%
89th Central African Republic $-491.6M -10.3%
90th Benin $-479.4M 56.4%
91st Vanuatu $-472.1M -21.6%
92nd Cabo Verde $-441.0M 27.8%
93rd Greenland $-371.5M 27.6%
94th Samoa $-336.9M -6.4%
95th Estonia $-316.2M 31.5%
96th Guinea-Bissau $-303.3M -63.3%
97th Comoros $-299.4M -5.9%
98th Solomon Islands $-272.4M -22.2%
99th Tonga $-270.5M -12.3%
100th American Samoa $-268.0M 26.0%
101st Kiribati $-249.7M -30.7%
102nd Bahamas, The $-231.4M 80.8%
103rd Micronesia, Federated States of $-201.0M -9.2%
104th Macao SAR, China $-195.7M -105.1%
105th Seychelles $-193.4M 44.0%
106th Palau $-180.1M -15.0%
107th Eswatini $-170.0M -400.6%
108th Antigua and Barbuda $-154.1M -34.5%
109th Armenia $-143.8M 86.9%
110th Marshall Islands $-125.2M -70.5%
111th Nauru $-91.0M -5.5%
112th Belize $-76.4M 17.7%
113th Ecuador $-35.2M -103.8%
114th Faroe Islands $-4.1M -123.7%
115th Niger $0 100.0%
116th Aruba $32.5M 123.2%
117th Korea $82.3M -99.9%
118th Iceland $126.7M 132.2%
119th Maldives $191.4M -62.0%
120th Sudan $229.1M 79.9%
121st Botswana $299.8M 132.4%
122nd Timor-Leste $436.5M -55.7%
123rd San Marino $446.1M -8.1%
124th Djibouti $577.7M -22.5%
125th Peru $902.4M -86.9%
126th Bulgaria $1.0B -51.9%
127th Cyprus $1.1B -21.5%
128th Slovenia $1.2B -65.6%
129th Costa Rica $1.8B 75.2%
130th Panama $2.0B -5.0%
131st Bermuda $2.0B 12.5%
132nd Malta $2.2B -35.0%
133rd Czechia $2.4B -77.5%
134th Chad $2.8B 89.8%
135th Zambia $3.2B -19.7%
136th Equatorial Guinea $3.3B 103.4%
137th Uruguay $4.0B -13.6%
138th Brunei Darussalam $4.3B 132.6%
139th Belarus $4.5B 13.9%
140th Congo, Republic of $4.7B 56.2%
141st Turkmenistan $5.2B 59.8%
142nd Argentina $6.2B -58.1%
143rd Puerto Rico (US) $7.6B -41.2%
144th South Africa $8.7B -66.7%
145th Brazil $8.7B -7.5%
146th Sweden $8.7B -64.3%
147th Gabon $8.8B 24.0%
148th Iran, Islamic Republic of $9.4B 68.2%
149th Israel $11.2B -17.0%
150th Bahrain $11.5B 50.4%
151st Poland $11.7B -46.9%
152nd Libya $12.0B 71.2%
153rd Canada $12.5B 496.2%
154th Spain $12.7B -12.1%
155th Hong Kong SAR, China $14.7B -28.6%
156th Viet Nam $15.2B 305.9%
157th Angola $19.9B 43.7%
158th Oman $22.8B 143.8%
159th Algeria $23.4B 24,261.8%
160th Azerbaijan $26.0B 184.1%
161st Luxembourg $26.2B -10.0%
162nd Malaysia $29.3B 8.5%
163rd Kazakhstan $33.4B 96.4%
164th Denmark $38.1B 53.8%
165th Indonesia $46.7B 49.8%
166th Kuwait $55.0B 72.9%
167th Iraq $58.3B 111.6%
168th Qatar $87.2B 96.6%
169th Australia $88.7B 49.4%
170th Netherlands $91.9B -10.6%
171st United Arab Emirates $93.9B 21.0%
172nd Germany $103.8B -53.4%
173rd Switzerland $114.2B 14.6%
174th Norway $169.3B 126.5%
175th Saudi Arabia $187.7B 157.1%
176th Singapore $203.0B 28.2%
177th Ireland $226.2B 2.1%
178th Russian Federation $290.1B 68.4%
179th China $577.8B 25.4%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Denmark's trade balance in 2022?▾

Denmark's trade balance in 2022 was $38.1B. This ranked 164th globally.

How did Denmark's trade balance change in 2022?▾

Denmark's trade balance increased by 53.8% in 2022 compared to 2021.

Which country had the highest trade balance in 2022?▾

China had the highest trade balance in 2022 at $577.8B.

What is the trade balance of Denmark in 2022?▾

The trade balance of Denmark in 2022 was $38.1B. This ranked 164th globally.

What was Denmark's trade balance in billion in 2022?▾

Denmark's trade balance in 2022 was approximately 38.07 billion ($38.1B).

How does 2022 compare to 2021 for Denmark's trade balance?▾

Denmark's trade balance went from $24.7B in 2021 to $38.1B in 2022, a 53.8% increase.

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