Monday 6 May 2013

What about trade in Denmark?


Welcome in Denmark! This trip goes so fast, we’re almost at our final stop: Norway. No, I’m not going to talk to you about Norway already, be patient! I’ll tell you some more about the trade in Denmark today..

Denmark has an open market with 86.6 percent trade freedom. Which means there are not many limitations if we talk about trade freedom and support for free trade is high. After all, globalisation is a good thing, right? Denmark has the 9th highest export per capita in the world!

Denmark’s main exports are:

  • ·         Industrial production
  • ·         Manufactured goods (machinery and fuels)
  • ·         Agricultural products
  • ·         Others for consumption for example meat and meat products

The thing that characterize Denmark is perhaps the considerable sources of oil and natural gas in the North Sea. Denmark is a huge exporter of crude oil.

So as you can tell Denmark has many advantages for exporting. As a first, Denmark is located at a very good place, it’s the only Scandinavian country connected to Europe. As a second, its position on the Baltic Sea makes Denmark a very lucrative market for EU and non-EU countries. Finally, its extensive infrastructure and high-skilled workforce also are a big asset to promote trade for foreign customers.

Germany, Sweden and the UK are Denmark’s most important export destinations. Outside the EU, the United States is the largest trading partner.

If discussed the trade in a few countries so far. So it’s not a surprise if I told you that Denmark also has a lot of trade fairs and trade shows. I guess that’s an event which happens all over the world. I mean, every country has to introduce new goods on the market. The biggest fairs I found are: Vision, HI Industry and Danfish.

See you at our next stop bloggers!



Sources
http://www.tradefairdates.com/Fairs-Denmark-Z57-S1.html

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