Denmark's medical exports continue to boom, especially in the US  

2003.07.03
Danish pharmaceutical companies have increased their exports by 20% in the first four months of this year

Danish pharmaceutical companies have increased their sales to overseas countries by 20% in the first four months of this year compared with the same period last year. Progress in medical exports has been most marked in the US with a growth of 50% in relation to the same period in 2002. It is likely that medical exports to the US in 2003 will top DKK 5 billion (USD 770 million) compared with last year’s exports of DKK 4.3 billion (USD 662 million).

 

The pharmaceutical industry is currently Denmark’s most important export sector with earnings of just over DKK 30 billion (USD 4.6 billion) annually out of total exports of DKK 442 billion (USD 68 billion). Over the last three years medical exports have grown by DKK 5 billion and the momentum shows no signs of slowing. The vast majority of total exports of medicine go to the US, Germany, UK, Sweden and France which together buy 50% of all Danish medical exports – compared with around 40% ten years ago. The news is reported by financial daily newspaper Børsen.

Next step

Explore business cases

Please contact me

Name
Company
E-mail
Phone
How can we help you?

IDK
We use cookies to make the website perform optimally. You accept cookies by closing the box or continuing to use the website. Click here to read more about cookies. ×