Country import demand

Denmark
import demand

A reported view of Denmark's import scale, sector demand, supplier breadth, economy, and trade history.

DNK1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$118.5B2024 reported
Import growth+1.6%Year on year
Population6MReported population
GDP per capita$71.0KCurrent-dollar GDP
Trade openness56.6%Exports + imports / GDP

The country import read

What does Denmark import?

In 2024, Denmark recorded $118.5B in reported imports. Imports changed +1.6% year on year and -0.1% annualized over three years. Pharmaceutical products was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$94.6B
2014
$97.4B
2015
$83.1B
2016
$81.7B
2017
$90.1B
2018
$100.7B
2019
$95.4B
2020
$93.2B
2021
$118.8B
2022
$118.1B
2023
$116.7B
2024
$118.5B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$424.5B2024 macro context
GDP growth4.2%Five-year CAGR
Population growth0.6%Five-year CAGR
Investment rate22.1%National rate
Savings rate27.7%National rate
Trade openness56.6%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Denmark
RankSectorImportsShareImport partnersActive HS6
1Pharmaceutical productsHS2 30$6.7B5.6%12943
2MachineryHS2 84$13.2B11.1%175514
3Electrical machineryHS2 85$11.6B9.7%168262
4Mineral fuelsHS2 27$10.7B9%9343
5Optical and medical instrumentsHS2 90$3.8B3.2%158142
6VehiclesHS2 87$11.3B9.5%11887
7Meat and edible meat offalHS2 02$1.2B1%5463
8Dairy produce and eggsHS2 04$1.2B1%7932
9Organic chemicalsHS2 29$2.0B1.7%93374
10Fish and crustaceansHS2 03$2.6B2.2%85220

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration534.5Partner HHI
Top 3 partner share31.5%Reported concentration
FTA partner markets108Reported count
Average distance6,694 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3DNK
Exports Usd$123.1B
Imports Usd$118.5B
Trade Balance Usd$4.5B
Yoy Exports Growth Pct0.7%
Yoy Imports Growth Pct1.6%
Exports Cagr 3y Pct1.9%
Imports Cagr 3y Pct-0.1%
Export Partner Hhi534.5
Export Product Hhi91.6
Momentum Score1.1
Risk Score3.1
Gdp Million Usd424,524.7 million USD
Gdp Per Capita Usd$71.0K
Population5,976,992
Labor Force3,042.6
Investment Rate Pct22.1%
Savings Rate Pct27.7%
Secondary Education Pct97.1%
Tertiary Education Pct24.4%
Total Factor Productivity2,950.9
Trade Openness Pct56.6%
Exports Gdp Pct28.8%
Num Active Partners270
Num Fta Partners108
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners2%
Num Shared Language Partners2%
Avg Partner Distance Km6,694 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta40
Pct Partners Shared Language0.7%
Pct Partners Shared Border0.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km6,680 km
Num Border Partners40
Num Colonial Partners65
Avg Substitution Elasticity-10.8
Pct Products High Elasticity75.7
Pct Products Low Elasticity2.7
Real Market Potential280,517.9
Foreign Market Potential38,175.1

Supplier context

Country Iso3DNK
All History Lane Count46,087
Current Lane Count39,096
Critical Lane Count94
High Attention Lane Count3,634
High Volatility Lane Count20,045
Unrecovered Drawdown Lane Count20,161
Declining Demand Lane Count210
Concentrated Market Lane Count13,538
Access Friction Lane Count3,497
Buyer Macro Weakness Lane Count1,532
Monitored Exports Current Usd$114.7B
Attention Exports Usd$36.3B
Critical Exports Usd$4.3B
High Volatility Exports Usd$47.0B
Unrecovered Drawdown Exports Usd$26.5B
Non Fta Exports Usd$26.0B
Monitored Attention Share Pct31.6%
Monitored Critical Share Pct3.8%
Fta Covered Exports Share Pct75.7%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct25.6%
Export Weighted Distance Km2,952 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$123.1B
Total Imports Latest Usd$118.5B
Trade Balance Latest Usd$4.5B
Exports Yoy Latest Pct0.7%
Exports Cagr 3y Latest Pct1.9%
Gdp Latest Million Usd424,524.7 million USD
Gdp Per Capita Latest Usd$71.0K
Population Latest5,976,992
Investment Rate Latest Pct22.1%
Savings Rate Latest Pct27.7%
Trade Openness Latest Pct56.6%
Exports Gdp Latest Pct28.8%
Active Partners Latest270
Fta Partners Latest108
Foreign Market Potential Latest38,175.1
Gdp 5y Cagr Pct4.2%
Gdp Per Capita 5y Cagr Pct3.6%
Population 5y Cagr Pct0.6%
Partner Hhi Latest534.5
Partner Top1 Share Latest Pct13.6%
Partner Top3 Share Latest Pct31.5%
Partner Hhi All Avg689.2
Partner Hhi All Max868.3
Product Hhi Latest91.6
Product Top1 Share Latest Pct5.4%
Product Top3 Share Latest Pct12.3%
Product Hhi All Avg76.7
Product Hhi All Max113.5
Total Exports Attention Share Pct29.5%
Total Exports Critical Share Pct3.5%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$40.3B$44.3B$4.0B+0%
1996$40.6B$45.1B$4.5B+0.8%
1997$31.8B$43.6B$11.8B-21.7%
1998$42.0B$43.6B$1.6B+32.1%
1999$42.6B$45.4B$2.8B+1.4%
2000$43.0B$45.6B$2.7B+0.8%
2001$42.8B$47.3B$4.5B-0.4%
2002$46.9B$51.7B$4.8B+9.6%
2003$54.0B$60.8B$6.8B+15.1%
2004$63.8B$70.4B$6.6B+18.2%
2005$70.7B$77.8B$7.1B+10.8%
2006$82.1B$86.1B$4.0B+16.1%
2007$93.1B$95.1B$2.0B+13.4%
2008$105.3B$109.2B$3.9B+13.1%
2009$77.7B$86.8B$9.2B-26.2%
2010$81.2B$90.5B$9.3B+4.6%
2011$94.9B$107.0B$12.2B+16.9%
2012$90.4B$100.3B$9.9B-4.7%
2013$94.6B$103.7B$9.0B+4.7%
2014$97.4B$103.5B$6.1B+2.9%
2015$83.1B$88.5B$5.4B-14.7%
2016$81.7B$88.0B$6.3B-1.7%
2017$90.1B$93.4B$3.2B+10.3%
2018$100.7B$102.9B$2.3B+11.7%
2019$95.4B$103.4B$7.9B-5.2%
2020$93.2B$101.7B$8.4B-2.3%
2021$118.8B$116.2B-$2.7B+27.4%
2022$118.1B$117.1B-$1.1B-0.6%
2023$116.7B$122.2B$5.5B-1.2%
2024$118.5B$123.1B$4.5B+1.6%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
130Pharmaceutical products$6.7B5.6%12943
284Machinery$13.2B11.1%175514
385Electrical machinery$11.6B9.7%168262
427Mineral fuels$10.7B9%9343
590Optical and medical instruments$3.8B3.2%158142
687Vehicles$11.3B9.5%11887
702Meat and edible meat offal$1.2B1%5463
804Dairy produce and eggs$1.2B1%7932
929Organic chemicals$2.0B1.7%93374
1003Fish and crustaceans$2.6B2.2%85220

Questions about this profile

Denmark import demand, in context

Short answers for import and supplier research.

What does the Denmark import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Denmark.

What is the latest reported import value for Denmark?

Denmark recorded $118.5B in reported imports in 2024.

Which sectors lead Denmark's imports?

Pharmaceutical products leads by reported import value at $6.7B.

How many years of Denmark import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.