COPENHAGEN: Denmark’s exports to the UK have continued to increase even after the Brexit vote, says Sydbank’s chief economist Jacob Graven.
At the end of 2016, Danish exports to Britain were about 37 billion kroner. According to Graven, Britain was Denmark’s fourth largest export market in 2016.
“Exports performed better than expected and have not declined as feared,” said a market analyst.
“Large orders for wind turbines, among other things, kept exports high, but all in all, Danish exports performed better than feared.”
But the Danish Chamber of Commerce worries some 53,000 Danes, whose jobs are dependent on exports to Britain, could be negatively affected once the country leaves the EU.
“For us, it is important to ensure that our businesses will continue to have access to the UK market and that they will not be met with unfair competition from British products on the home market,” Geert Laier Christensen, the deputy-director at the Danish Chamber of Commerce said.
