Denmark - Trade, Agriculture, Fisheries (2024)

FAQs

Denmark - Trade, Agriculture, Fisheries? ›

The fishing industry remains economically important, and Denmark is among the world's largest exporters of fish products. Herring, cod, and plaice (flatfish) account for most of the total catch; other important species include salmon and eel.

Some of the biggest industrial sectors in Denmark are energy, life sciences and agriculture. Denmark is the third largest oil producer in Western Europe, and one of the world's top producers of windmills.

Overall, fleet profit margins are relatively high and are expected to remain stable over the following years. Denmark is one of the world's largest importers and exporters of fish and fish products; the processing industry produces a large variety of products based on many different species.

The fishing industry in Denmark continues to be a significant economic driver, contributing billions to the national GDP. The report highlights how the sector not only supports coastal communities but also has ripple effects across related industries, including processing, transportation, and retail.

Among the countries that have experienced significant exports from the Danish food cluster from January–October 2022 are Germany, Sweden and the UK, with increases of 23%, 18% and 21%, respectively, measured in export earnings and compared to the same period in 2021.

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) ...

The Social Progress Index includes data from 128 countries on 50 indicators and this year Denmark is ranked as number 1 with a Very High Social Progress. Denmark scored the highest within: Water and Sanitation 99.87 % Nutrition and Basic Medical Care 99.28 %

The main crops in Denmark are small grains, mainly wheat and barley, covering more than half of the agricultural area. Fodder crops, mainly grass and maize for silage, amounts to 780,000 hectares, but Denmark is also an important producer of sales crops such as rape seed, sugar beets and grass seeds of various types.

Herring has traditionally been a popular fish and there are numerous recipes for fried, pickled or smoked herring served as a main course.

1. China. China has been the leading producer of fish for many years now, with a production of 67.8 million tonnes in 2021. This accounts for almost 38% of the global fish production.

What are the problems with agriculture in Denmark? ›

More than half of Denmark's land is farmed, with agriculture accounting for about a third of the country's carbon emissions, according to Danish climate think tank Concito. The agriculture sector has become a political battleground as the European Union strives to meet its net zero emissions target by 2050.

Overview. Denmark is the only country in the Nordic-Baltic region that is a net exporter of agricultural products, producing three times the amount of food it needs for self-sufficiency.

Pigs have probably been central to the Danish diet since the late Stone Age (Boyhuus 1998). Pork can be salted, a good method for preservation in the Danish climate, and the pig was a common domestic animal both inside and outside of cities.

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.

The entrepreneurial culture in Denmark is thriving these years. Clusters within information technology, life sciences, and cleantech are booming. And so are entrepreneurial clusters within food, maritime and design.

Denmark is renowned for its happiness, stunning islands, Lego bricks, Danish pastries, bicycle culture and oldest amusem*nt parks. Which currency is used in Denmark? Denmark's official currency is the Danish krone or DKK. The Euro is also accepted in major cities.

Denmark is known for its focus on beautiful design, and is famous for jewellery, fashion and kitchenware.