Foreign trade as a share of GDP rose 8.37% to 112% in Denmark in 2021, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Denmark reached an all time high of 112% in 2021 and an all time low of 53.2% in 1972. When compared to Denmark's main peers, foreign trade as a share of GDP in Germany amounted to 88.7%, 156% in Netherlands, 70.9% in Norway and 86.7% in Sweden in 2021.
Denmark has been ranked 33rd within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 25 places above the position seen 10 years ago.
| Foreign Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Austria | % | 102% | 101% | 105% | 108% | 108% | ||||||||||||||||
| Belgium | % | 154% | 158% | 165% | 166% | 164% | ||||||||||||||||
| Denmark | % | 104% | 100% | 103% | 107% | 110% | ||||||||||||||||
| Finland | % | 71.4% | 70.9% | 75.1% | 78.2% | 79.6% | ||||||||||||||||
| France | % | 61.8% | 61.1% | 63.0% | 64.4% | 64.1% | ||||||||||||||||
| Germany | % | 86.2% | 84.8% | 87.2% | 88.5% | 87.7% | ||||||||||||||||
| Iceland | % | 95.8% | 88.3% | 87.0% | 90.0% | 84.2% | ||||||||||||||||
| Netherlands | % | 158% | 149% | 156% | 159% | 155% | ||||||||||||||||
| Norway | % | 69.9% | 68.9% | 69.2% | 70.2% | 71.0% | ||||||||||||||||
| Poland | % | 92.8% | 97.5% | 101% | 103% | 103% | ||||||||||||||||
| Russia | % | 49.4% | 46.5% | 46.9% | 51.6% | 49.2% | ||||||||||||||||
| Sweden | % | 83.7% | 82.3% | 84.9% | 89.1% | 91.4% | ||||||||||||||||
| United Kingdom | % | 56.9% | 59.3% | 62.8% | 64.0% | 64.1% |
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