Export News
2025-08-22
Situated south of its Nordic neighbors Sweden and Norway and sharing a border with Germany, the Kingdom of Denmark recorded US$133.7 billion in denmark's export sales during 2024.
That total reflects a 25.1% increase compared with $106.9 billion in 2020. However, year-on-year figures show a -1.8% decline versus the $136.1 billion exported in 2023.
When measured against the average exchange rate for 2024, the Danish krone depreciated slightly by -0.05% against the US dollar. This mild weakening made denmark's export goods—when priced in USD—more affordable for foreign buyers.
Denmark's five most valuable shipments were medication mixes in dosage, blood fractions and antisera, cars, pork, and refined petroleum oils. Together, these categories represented 21.9% of denmark's export value in 2024.
Denmark's Major Trading Partners
Latest trade data shows that 67.5% of denmark's export shipments were purchased by buyers in the following markets:
·Germany (15.9%)
·Sweden (9.3%)
·Netherlands (6.9%)
·United States (6.3%)
·Norway (6.2%)
·United Kingdom (5%)
·Poland (4.7%)
·France (4%)
·Mainland China (2.8%)
·Italy (2.3%)
·Finland (2.1%)
·Spain (2%)
From a regional standpoint, 75% of denmark's export trade stayed within Europe, while 13% went to Asia and 7.7% to North America. Smaller shares were shipped to Oceania (1.56%), Latin America (1.51%) excluding Mexico, and Africa (1.3%).
With a population of 5.95 million people, Denmark's exports in 2024 translate to about $22,500 per person, slightly lower than the $23,200 per capita figure recorded in 2023.
Denmark's Top 10 Export Categories
The following categories generated the highest export revenues in 2024:
1.Pharmaceuticals: US$21.8 billion (16.3%)
2.Machinery including computers: $17 billion (12.7%)
3.Electrical machinery, equipment: $10.1 billion (7.5%)
4.Mineral fuels including oil: $5.8 billion (4.3%)
5.Optical, technical, medical apparatus: $5 billion (3.8%)
6.Vehicles: $4.8 billion (3.6%)
7.Meat: $3.8 billion (2.9%)
8.Fish: $3.6 billion (2.7%)
9.Articles of iron or steel: $3.5 billion (2.6%)
10.Dairy, eggs, honey: $3.4 billion (2.6%)
These 10 groups made up 59% of denmark's export performance.
Fastest growth: Articles of iron or steel (+14.4%), Vehicles (+13.5%), and Electrical machinery (+11.2%).
Biggest decline: Mineral fuels, down -55.1% year-over-year.
At the more detailed 4-digit HS code level, Denmark's leading exports were medication mixes (11.8%), blood fractions (4.1%), cars (2.1%), pork (2%), and refined petroleum oils (1.8%). Other important items included electric generators, cheese, hormones, live swine, and enzymes.
Denmark's Leading Export Companies
Businesses looking to explore denmark's export market can leverage Tendata's tools (HS code filters, buyer databases, purchasing trend analysis) to quickly identify partners.
According to Tendata, set cotton items as an example, the top 10 exporters in Denmark (2024) include:
1.UNICEF Supply Division (16.98%)
2.Vestas Costa Rica S.A. (10.46%)
3.Linie Design A/S (9.52%)
4.Bestseller DK (8.04%)
5.UNICEF (6.4%)
6.Cong Ty TNHH Deon VN (6.28%)
7.Borch Textile Group A/S Denmark (3.77%)
8.Molo A/S (3.76%)
9.Dufry International AG (3.41%)
10.Mammut Hoffmann A/S Denmark (2.42%)
>>Get The Full List via Tendata<<
Denmark remains a strong European exporter, with denmark's export industry dominated by pharmaceuticals, machinery, and vehicles. While overall trade values dipped slightly from 2023, several sectors like steel products and automotive shipments recorded solid growth, pointing to fresh opportunities for international trade partners.
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