The Danish advantage

What makes the Danish economy so successful?

The Danish advantage

Denmark is one of the most competitive economies in the world. Although it’s small, it is one of the most stable economies in the EU.

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. Due to a very efficient industrial productivity and high profit generation, Denmark is able to provide its own energy as it produces oil, wind-energy, bio-energy and natural gas.
The country's main exports are furniture, dairy products, sugar, machinery, leather, fish, meat, chemicals, foodstuffs, oil and gas. The main export partners of Denmark are Sweden, the UK, Germany and the United States.

Denmark’s main import partners are Sweden, the Netherlands, Germany and the UK. Its main imports are raw materials, machinery, equipment, grain, foodstuffs and consumer goods. Nearly three-quarters of trade flows are within the EU.

Denmark is home to many multinational companies such as Carlsberg, Tuborg, Lego, Arla and Lurpak. Many international companies such as Microsoft, Nokia and Dell have their large global business centres in Copenhagen, the Danish capital.

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