Denmark

Market overview

Denmark began easing its COVID-19 lockdown restrictions in May. Social distancing and prevention measures such as mask use remain in place throughout the country.

You can read more about Denmark's controlled reopening on the government webpage here.

The Danish Government has set up a website for current measures and up-to-date information on COVID-19 here.

For more information on doing business in Denmark, visit myNZTE - our free online portal for curated, in-depth information and guidance. 


Economy and trade

In April, Denmark's Finance Minister predicted that Denmark's GDP will fall by between 3 and 6 percent in 2020 as a result of the measures the government has taken to control the COVID-19 pandemic.

Deloitte has included information about consumer spending and a short-term outlook across selected sectors in Denmark in their Economics' Coronavirus Impact Monitor here.

Advice to exporters

In terms of immediate activity, make the safety and well-being of teams your priority, and invest as needed to ensure a safe and healthy working environment. Many businesses are still allowing employees to work from home where this is possible. Check in with your business partners and see how they are doing and how you might be able to support them during this time.

Business operations

Government and business response

The Danish Business Authority has created a Business Guide webpage (Danish language) for businesses to understand how to navigate COVID-19. This includes guidance on:

  • How to prevent COVID-19 in your company (here)

  • Business agreements and force majeure (here)

  • GDPR and COVID-19 (here)

It has also introduced a business hotline (+45 7220 0034).

Government support

From March onwards Denmark introduced various compensation packages for businesses and citizens affected by COVID-19, as well as a guarantee scheme for bank loans to businesses.

Denmark has also introduced postponement of VAT and A-tax payments to help companies mitigate the financial consequences of COVID-19. More detail on which companies are eligible for postponed tax is available on the Danish Ministry of Taxation website here (in Danish).

KPMG offers an overview of the government's and institution's measures in response to COVID-19 including economic stimulus measures here.

The Danish Business Authority has created a Business Guide webpage (Danish language) for businesses to understand how to navigate COVID-19. This includes guidance on:

  • How to prevent COVID-19 in your company (here)

  • Business agreements and force majeure (here)

  • GDPR and COVID-19 (here)

It has also introduced a business hotline (+45 7220 0034).

Travel

Danish borders are reopening in a controlled way. Business travellers should refer to regulations on the Danish Police website for guidance on whether they are allowed entry.


Additional resources

Below you can find information and contact details for other New Zealand government and international agencies regarding their response to COVID-19.

New Zealand Government agencies

Covid19.govt.nz
COVID-19 helpline for businesses
Business.govt.nz
New Zealand Customs
Ministry for Primary Industries (MPI)
New Zealand Export Credit (NZEC)
MFAT Export Helpline
MFAT Safetravel
Callaghan Innovation
Immigration
Ministry of Health
WorkSafe New Zealand
myNZTE

Global agencies

World Health Organization (WHO)
Centers for Disease Control and Prevention (CDC)

Contact NZTE

We're available to talk to you about any issues your export business is facing due to COVID-19.

For existing NZTE customers, please contact your New Zealand-based Customer Manager.

If you're unsure who to contact or haven't worked with us before, you can call NZTE on 0800 555 888 or email below and one of our Customer Advisors will help you.