Trade with the UK tumbles in wake of Brexit

Export of Danish goods and services to the UK was 24 percent lower in January 2021 than it was in December 2020

Trade has been affected early on (photo: Pixabay)
March 11th, 2021 10:57 am| by Christian W

According to new figures from Danmarks Statistik, Brexit has had a negative impact on Denmark’s trade with the UK.

The figures revealed that between December 2020 and January 2021 the value of exports of Danish goods and services to the UK fell by 24 percent.

Meanwhile, imports from the UK declined by 17 percent in the same period.

READ ALSO: Brexit fallout: Scottish fishermen selling stock in Denmark

Goods suffer the most
In particular, the trade of goods took a sharp nosedive: 30 percent for exports and 45 percent for imports.

In total, Denmark exported goods and services to the UK to the tune of 6.7 billion kroner in January 2021, while imports from the UK over the same period was at 4.6 billion kroner.

Check out more detailed figures here (in Danish).

[related-posts posttype=post]