Foreign Ministry: Rosy outlook for Danish exports in 2015 and 2016

Government sees exports as a priority for creating growth and jobs

Strong competitiveness, favourable exchange rates, lower oil prices and continuing positive growth outlooks in Europe and the US will result in a 35 billion kroner increase in Danish exports in 2015.

This is the message from the Foreign Ministry, which today announced its export forecast for 2015 and 2016. Danish exports are set to increase by 6.2 percent in 2015 and 5.4 percent in 2016.

Growth and jobs
Kristian Jensen, the foreign minister, was quick to link the state of overseas sales to the health of the economy at large.

“It’s good news for the Danish economy, but we need to strengthen the export sectors further for the benefit of growth and employment. That is one of the government’s most important priorities,” he said.

“Every time we export for a billion kroner, 500-600 new jobs in Denmark are created shortly afterwards. Therefore the government has a special focus on  getting more small and medium-sized companies into the export market, so that the derivative growth from the exports benefits the whole of Denmark.”

Jensen notes that the Foreign Ministry is keeping a close eye on the current uncertainty in the Chinese economy and resultant turbulence in the financial markets, but states it is too soon to say how this will affect Danish exports.