The trade index measures to what extent economies have developed institutions, policies, and services facilitating the free flow of goods over borders and to destination.
The report concludes:
“The best-ranked of the Nordics boasts a highly efficient border administration, a well-developed infrastructure, and a business environment that is highly conducive to trade. (..) Denmark is at the forefront when it comes to ICT infrastructure. By the same token, its quality of transport infrastructure is world-class. Also among Denmark’s strengths is the quality of its business environment (4th)”
Minster for Trade and Investment Pia Olsen Dyhr says:
- It is positive that Denmark is again ranked in the global top three as one of the most attractive countries for doing business and conducting trade. We are the best ranked European country. This ranking is among other things a result of our great infrastructure. Both in regard to ICT and internet distribution, but also our general transportation infrastructure, which are obviously important framework conditions for a competitive investment and trade destination.”
- World Economic Forum is impressed by our border and customs administration which is among the most efficient worldwide. The Danish government actively works to make Denmark even more open for business, for instance by making work permits and visa regulations more flexible, establishing one-stop shops for businesses and their foreign staff, and opening more international schools.“
Denmark as the perfect hub
Copenhagen Airport is the main hub to the Nordic and Baltic countries and the high-quality highway system means swift and easy access to all markets in the Northern European region. Since the opening of the Great Belt Bridge in 1998 and the Øresund Bridge between Denmark and Sweden in 2000, Denmark has been the natural and most efficient gateway to Northern Europe, Scandinavia, and the Baltic area. Moreover, with 75 percent of its exports being shipped by sea, it is no surprise that Denmark has developed a comprehensive port system.
Compare Denmark with our benchmarking tool or read more about the Danish business environment.