Denmark world map

Trade in Denmark

Denmark was the world’s 36th largest exporter of goods and 19th largest exporter of commercial services in 2021. Export values were $126.0 and $93.0 billion USD respectively. Denmark’s top export category was manufactures, followed by agricultural products, and fuels and mining products. In 2020, Denmark’s main export destination markets for goods and services trade were to Germany, Sweden and Netherlands, with trade representing 103.51 per cent of GDP. In terms of imports, Denmark is the world’s 36th largest importer of goods and 17th largest importer of commercial services. Import values were $120.0 and $81.6 billion USD respectively in 2021. Denmark’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were Germany, Sweden and Netherlands. Denmark is a member of the European Union, which is part of 45 different Regional Trade Agreements, including with Central America, Pacific States and Eastern and Southern Africa States.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Kingdom of Denmark

Abbreviation

DK

Capital

Copenhagen

WTO Membership Date

1 January 1995

Legal System

civil law; judicial review of legislative acts

Language

Danish

Number of Time Zone(s)

5

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Danish krone

Exchange Rate

Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.
  • BNP Paribas Fortis Denmark - Copenhagen, Denmark - SWIFT: FTSBDKKK

  • Danske Bank - Copenhagen, Denmark - SWIFT: DABADKKK

  • Nordea Bank Danmark A/S - Copenhagen, Denmark - SWIFT: NDEADKKK

  • SEB Copenhagen - Copenhagen, Denmark - SWIFT: ESSEDKKK

  • Svenska Handelsbanken - Copenhagen, Denmark - SWIFT: HANDDKKK

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Copyright Offices

  • Copyright Department

  • Ministry of Culture

Industrial Property Offices

  • Danish Patent and Trademark Office

  • Ministry of Industry, Business and Financial Affairs

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • Miljø og fødevareministeriet (Ministry of Environment and Food)
    Fødevarestyrelsen (Danish Veterinary and Food Administration)
    Phone: +(45) 7227 6900/7227 6988
    Website: www.mfvm.dk
    www.fvst.dk

    Stationsparken 31-33

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • Danish Standards
    Phone: + (45) 39 96 61 40
    Website: http://www.ds.dk

    Göteborg Plads 1
    Nordhavn

    [email protected]

Additional Information

ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

https://taxation-customs.ec.europa.eu/customs-4/calculation-customs-duties/customs-tariff/eu-customs-tariff-taric_en

Last Reviewed: June, 2023

Businesses & Entrepreneurs

Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.

Policymakers & Researchers

Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.

Global Trade Helpdesk Organization Logo

Simplify your market research with an integrated source of trade intelligence, for firms of all sizes, even the smallest. The Global Trade Helpdesk, an initiative by the International Trade Centre, the United Nations Conference on Trade and Development, and the World Trade Organization, provides market intelligence for companies looking to trade in an easy-to-use online tool.