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.
Official Name (Local Language) | Kongeriget Danmark | Capital | Copenhagen | Currency | Danish Krone | GDP | $326.2 billion | Languages | Danish | Telephone Dial In | 45 |
101,646
4,251
222
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
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%