Hard Brexit will impact a number of DK-UK trade avenues

Import and export sectors involving medicine, vehicles, meat, dairy and industrial machinery facing significant challenges

Christian Wenande

Dec 29, 2020

With a Hard Brexit potentially looming on the horizon, Danish trade with the UK could take a considerable hit.

The UK is one of Denmark’s biggest trade partners. Export of Danish goods to the UK totalled 45 billion kroner last year – making up about 6 percent of Denmark’s export.

A No Deal Brexit could result in trade tariffs being imposed on trade between the two partners.

Billions at stake
According to Danmarks Statistik, such a development would particularly affect ten product groups that account for 60 percent (28 billion kroner) of exports to the UK.

The ten for exports are:

Power machines and engines, meat, medicine and pharma, metal, machines and accessories for industry, raw mineral oils and related products, garments and related products, dairy and eggs, furniture, and other food products.

Meanwhile it would also impact imports – with another ten product groups making up about 50 percent (25 billion kroner) of imports.

The ten for imports are:

Vehicles, processed goods, telecom and sound recording applications, raw mineral oils at related products, electric machines, power machines and engines, machines and accessories for industry, other transport goods, technical and scientific instruments, medicine and pharma.

TOP STORIES

“Talents, start using AI tools now,” says Siri and Change.org founder

In an exclusive interview with The Copenhagen Post, the founder of Siri and Change.org, and currently VP of AI Experience at Airbnb, gives young talents advice on how to deal with the job market changed by artificial intelligence.
Testing free school meals for 20,000 kids and tax deduction for homeowners in 2025 Finance Act

The government has reached an agreement on next year’s Finance Act with SF and Radikale Venstre. A test on free school meals for a limited number of children will be introduced. Homeowners will get more options for deductions for home improvements
Make your voice heard as an expat

In my last op-ed, I made the case that we, expats living in Denmark, need to step up if we want to tackle the headaches that seem baked into expat life—e.g., counterintuitive laws and endless paperwork. With almost 16% of Denmark’s population made up of internationals, we actually have the numbers to influence real change. But after publishing the last op-ed, several readers contacted me and asked: Okay, but what can we actually do?
Danish politicians will double life science exports in a few years

“Strategy for life science” is a policy agreement to support the pharmaceutical industry’s opportunities to double exports to DKK 350 billion towards 2030
Royal House unveils new portraits of King Frederik and Queen Mary

Ten months after Frederik went from crown prince to king, new civil portraits of the new royal couple have been taken.
“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

5 Dec: A guided tour of Christiansborg

Career

“Talents, start using AI tools now,” says Siri and Change.org founder

In an exclusive interview with The Copenhagen Post, the founder of Siri and Change.org, and currently VP of AI Experience at Airbnb, gives young talents advice on how to deal with the job market changed by artificial intelligence.
“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.
“Now the biggest challenge is to retain internationals”, says Ferring

Mads Hougaard, senior HR director at the pharmaceutical company, explains that “it is also a challenge for society itself. I think collaboration between institutions, companies, and stakeholders could be beneficial.”

Want to advertise your job with CPH Post?

Jobs