There are advantages and also potential challenges for Northern Ireland companies doing business in Denmark.
Denmark is one of the EU’s best-performing economies and very open to international trade. It has low inflation, a healthy economic growth rate and low unemployment.
Advantages of exporting to Denmark
Denmark can offers numerous benefits to companies looking to do business in the region including
- dual market access allows businesses in Northern Ireland to trade goods freely with France as it is part of the European Union. Read more about how to take advantage of dual market access
- prosperous economy
- gateway to the Scandinavian and Baltic countries
- close to growing economies of Germany, Sweden and Poland
- English widely spoken
- easy access to northern Europe markets via Copenhagen hub airport and high quality motorway network
- well educated population with a high proportion of university graduates
- advanced telecommunication infrastructure
- takes only 24 hours to establish a company online
Challenges of exporting to Denmark
Doing business in Denmark is very similar to doing business in the UK. If your product or service is successful in the UK, there’s a good chance you’ll be successful in Denmark.
Denmark is a member of the European Union (EU) so there are no significant trade barriers in exporting to Denmark.