Export and Import
The limited size of the domestic market has, at an early stage, prompted Danish manufacturers to seek customers abroad. As a result, the manufacturing indu-stry in Denmark is highly export-oriented. A healthy trade balance has been one of the major features of Denmark's recent economic growth. The EU-27 markets account for almost 70% of total commodity exports, and Denmark's immediate neighbours continue to be, by far, the most important customers. By way of example, Germany, Sweden and the United Kingdom alone account for almost 40% of Danish exports. Germany is the single most important market and accounts for almost 18% of all exported Danish goods.
New markets have been opening up in Central and Eastern Europe and in the Far East. They have become important markets and now account for a considerable part of Danish exports.

Danish agricultural products, such as cheese, pork, fish, butter and cereals, have been exported for more than a century. Agriculture still accounts for 17% of Danish exports directly, and exports of machinery and equipment for the agricultural industry are also significant. The remaining approx. 80% consist of other manufactured goods such as machinery and instruments phar maceuticals and electronics.