Does Denmark export or import more?

In 2019, Denmark exported $204.2 billion and imported $178.5 billion, resulting in a positive trade balance of $25.7 billion. In 2015, Denmark’s largest export sector was Consumer Goods, with 33.32% of total exports.

What is Denmark’s major imports and exports?

The most recent imports of Denmark are led by Cars ($5.2B), Refined Petroleum ($4.5B), Packaged Medicaments ($3.34B), Crude Petroleum ($2.36B), and Broadcasting Equipment ($2.13B). The most common import partners for Denmark are Germany ($21B), Sweden ($11.1B), Netherlands ($7.43B), China ($6.97B), and Norway ($4.43B).

Is Denmark a net importer or exporter?

Its standard of living is among the highest in the world, and the Danes devote about 1% of the gross national product (GNP) towards foreign aid in less developed countries. Denmark is a net exporter of food and energy, and its principal exports are machinery, instruments, and food products.

What is Denmark’s top export?

Top 10

  • Pharmaceuticals: US$19.2 billion (17.7% of total exports)
  • Machinery including computers: $14.4 billion (13.3%)
  • Electrical machinery, equipment: $8.7 billion (8%)
  • Optical, technical, medical apparatus: $4.2 billion (3.8%)
  • Meat: $4.1 billion (3.8%)
  • Fish: $3.5 billion (3.3%)
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Which country exports and imports the most?

The United States, China and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment and machinery.

What do we import from Denmark?

In this economic guide to Denmark we’ll give you an overview of the Danish economy, including the country’s primary imports and exports of goods and services.

Denmark’s Top Commodity Imports.

Commodity Amount (Annually)
Refined Petroleum $4.52 billion
Crude Petroleum $2.57 billion
Soybean Meal $688 million
Iron Structures $615 million

Where does Denmark export to?

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Denmark Exports By Country Value Year
United States $4.93B 2020
China $4.33B 2020
Poland $3.71B 2020
France $3.09B 2020

How much does Denmark import and export?

Imports of goods and services (current US$)

In 2019, Denmark exported $204.2 billion and imported $178.5 billion, resulting in a positive trade balance of $25.7 billion. In 2015, Denmark’s largest export sector was Consumer Goods, with 33.32% of total exports. Denmark exported 4,212 different products in 2015.

Why is Denmark so wealthy?

Denmark supports a high standard of living—its per capita gross national product is among the highest in the world—with well-developed social services. The economy is based primarily on service industries, trade, and manufacturing; only a tiny percentage of the population is engaged in agriculture and fishing.

Why is Denmark so successful?

The reasons that make Denmark’s economy so successful are a very developed infrastructure, an efficient workforce and an advanced welfare system. Moreover, Denmark is among the world leaders in wireless communications, internet and new media. Denmark has one of Europe’s most efficient distribution systems.

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Who is Denmark’s biggest trading partner?

The biggest trading partner for exporting goods from Denmark in 2020 was Germany with a total export value of roughly 96 billion Danish kroner. The second most goods were exported to the United States, reaching over 77.6 billion kroner the same year.

What is Denmark money called?

Danish krone
Дания/Валюты
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