Importing from Denmark

Denmark Import Guide | Trade Finance Global

Importing from Denmark

Denmark is a member of the European Union and World Trade Organisation (WTO) and so the market has few barriers. It sits as the thirty-fifth country in terms of rank in the world in relation to imports. There are many benefits of exporting to Denmark, which include having a prosperous economy, it acts as an entry point to the Baltic and Scandinavian countries, it is also close to the growing economies of Sweden, Germany and Poland. The main exports are packaged medicaments ($8B), crude petroleum (around $4B), refined petroleum (around $4B), blood (over $2B) and pig meat (around $3B).

The strengths of the Danish market include an easy access route to northern European markets via the Copenhagen hub airport and a high-quality motorway network. It has developed a highly educated population, advanced infrastructure in relation to communication. There is a strong growth rate, low inflation and low unemployment rate at below 5% which is all adding to a growth rate of around 2% a year. The main exports of Denmark are machinery, meat-related products, pharmaceuticals, dairy, fish, windmills and furniture.

Denmark Country Profile

Official Name (Local Language) Kongeriget Danmark
Capital Copenhagen
Currency Danish Krone
GDP $326.2 billion
Languages Danish
Telephone Dial In 45

Denmark Exports Profile

Exports ($m USD)

101,646

Number of Export Products

4,251

Number of Export Partners

222

Top 5 export partners

Country

Trade

% Partner Share

Special Categories

15,321

15.07

Germany

14,517

14.28

Sweden

10,856

10.68

United Kingdom

7,538

7.42

Norway

5,901

5.81

Top 5 Export Products at HS 6 digit level

Export Product

Number

Other medicaments of mixed or unmixed products,

11.1%

Petroleum oils, etc, (excl. crude); preparation

2.7%

Electric generating sets, nes

2.2%

Parts of hydraulic & pneumatic & other power en

2.1%

Petroleum oils and oils obtained from bituminou

1.7%

About the Author

Brian Canup is the Editorial & Research Assistant at Trade Finance Global (TFG).

Brian holds a BA in Political Science from the University of Wisconsin-Madison and an MA in International Political Economy from King’s College London.

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