Denmark
On this page you will find beneficial information regarding foreign direct investment in / trading with Denmark. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Monarchy
Population: 5.903 million (2022)
GDP: 395.4 billion USD (2022)
Corporate Tax Rate: 22%
Personal Income Tax Rate: 56%
Major Exports: The top exports of Denmark are Packaged Medicaments ($15.9B), Electricity ($3.66B), Refined Petroleum ($3.01B), Pig Meat ($2.89B), and Vaccines, blood, antisera, toxins and cultures ($2.06B), exporting mostly to Germany ($18.9B), United States ($13.1B), Sweden ($11.6B), Netherlands ($7.26B), and Norway ($6.53B). In 2022, Denmark was the world's biggest exporter of Enzymes ($1.54B) and Pigs ($932M).
Major Imports: The top imports of Denmark are Cars ($5.61B), Refined Petroleum ($3.87B), Electricity ($3.75B), Packaged Medicaments ($3.67B), and Crude Petroleum ($3.41B), importing mostly from Germany ($25.4B), Sweden ($14.6B), China ($10.9B), Netherlands ($10.5B), and Norway ($6.43B).
Investment Agency: Ministry of Foreign Affairs of Denmark
Website: https://investindk.com/
National Chamber of Commerce: Dansk Erhverv
Website: https://www.danskerhverv.dk/
Customs Agency: Danish Customs and Tax Administration (SKAT)
Website: https://www.skat.dk/
