March 2006
Denmark
                         
BASIC INDICATORS
Population (thousands, 2004)  5 397 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  243 043 Merchandise  29 28
GDP (million current PPP US$, 2004)  172 569 Commercial services 20 17
Current account balance (million US$, 2004)  5 941 Merchandise excluding intra-EU trade - -
Trade per capita (US$, 2002-2004)  33 656 Commercial serv. excl. intra-EU trade - -
Trade to GDP ratio (2002-2004)   86.7
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   120 2 0 2
Exports of goods and services (volume, 1995=100)  a   158 6 0 ...
Imports of goods and services (volume, 1995=100)  a   164 6 0 ...
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 0.970
Trade Policy Review date 24, 26 July 2002 Import duties collected:
in total tax revenue ...
Tariff binding coverage (%, 2004)   100.0 to total merchandise imports ...
MFN tariffs Final bound Applied 2005
Simple average of ad-valorem duties Number of:
All goods   4.1   4.2 GATS services sectors with commitments   115
Agricultural goods (AOA) X    5.9 Dispute rulings (complainant - defendant) 26 - 21
Non-agricultural goods   3.9   4.0 Notifications outstanding  (CRN)   22
Non ad-valorem duties (% of total tariff lines)   6.0   5.9 Number of contingency measures in force:
Anti-dumping (30 June 2005) 167
MFN duty free imports Countervailing duties (30 June 2005) 16
Share in total imports, 2004   52.6 Safeguards (3 November 2005)   1
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  77 079 5 16 16
Merchandise imports, c.i.f. (million US$)  68 157 4 14 19
2004   2004
Share in world total exports    0.84 Share in world total imports  0.71
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   21.0 Agricultural products 15.2
Fuels and mining products   9.3 Fuels and mining products 6.9
Manufactures   60.7 Manufactures 75.8
  By main destination   By main origin
1. European Union (25)   64.4 1. European Union (25)   71.5
2. Norway   5.5 2. Norway   4.7
3. United States   5.2 3. China   4.0
4. Japan   2.6 4. United States   3.8
5. China   1.2 5. Korea, Republic of   1.6
    Unspecified destinations     7.5         Unspecified origins     0.5
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)  36 304   10 19 15
Commercial services imports (million US$)  33 401   10 16 18
2004   2004
Share in world total exports   1.67   Share in world total imports 1.57
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   58.7   Transportation 48.4
Travel   15.6   Travel 21.8
Other commercial services   25.7   Other commercial services 29.8
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 2002  16 469   486  15 983   Marks registered, 2002  10 034 3 331 6 703
                         
a  Refers to 2003 values and to the average annual percentage change for 1995-2003.