About Denmark...
As a country it has a great deal of specialised industry with a predominance of SMEs. Unlike most other industrial nations, industrial development in Denmark is not linked to the occurrence of national raw materials. Danish industry is largely made up of light manufacturing and reprocessing, and production is often characterised by a high degree of specialisation in a particular, well-defined field.
Danish industry is, therefore, predominantly based on SMEs, small and medium-sized companies. More than 80% of all manufacturing companies employs less than 20 people. Only 1,000 companies have more than 100 employees, but more than half of the industrial workforce is employed in these companies.
The manufacturing industry is dominated by small or medium-sized niche productions of a high technological standard and mainly intended for professional users. Due to this very complex and versatile structure, Danish manufacturing industry as a whole is not as sensitive to changes in the world market as other countries where industry is concentrated in a few sectors.
In total 333,766 businesses (2005) are registered as companies that must adhere to the value added tax (VAT) laws. Most of these are in the service sector, less than 10% are manufacturers and 20% are trading companies. Foreign Trade
In 2004 Danish exports (goods only) amounted to 61.3 bn euros. The largest export markets are Germany, Sweden and the UK. The majority of exports, 76%, consist of industrial products (excluding canned meat and canned milk as well as ships). About 12% are agricultural, animal produce. Primary export groups are machinery and electrical instruments, pharmaceuticals, chemicals, meat and dairy products, fish, furniture, motors and ready-made garments. In 2004 Danish imports (goods only) amounted to 53.7bn euros of which 72% came from other EU countries.
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| Facts About Denmark |
| Location: |
Northern Europe |
| Coordinates: |
56 00 N, 10 00 E |
| Int. Dialing Code: |
+45 |
| Currency: |
Danish Krone |
| Language: |
Danish & English |
| Area: |
43,094 sq km |
| Capital City: |
Copenhagen |
| Population: |
5,500,510 (July 2009 est.) |
| Population Ranking: |
111th In The World |
| Employment: |
1.9% (2008 est.) |
| Inflation: |
3.4% (2008 est.) |
| GDP: |
$342.9 billion (2008 est.) |
| GDP Ranking: |
211th In The World |
| GDP Growth: |
1.6% (2007 est.) |
| Internet Users: |
3.5 million (2007) |
| Television Stations: |
172 (2008) |
| Phone Lines: |
2.487 million (2008) |
| Mobile Phones: |
6.551 million (2008) |
| Major Industry: |
Manufacturing, Reprocessing, Production, Machinery, Electrical Instruments, Pharmaceuticals, Chemicals, Meat and Dairy Products, Fish, Furniture, Fotors and Ready-Made Garments |
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