Danish wind exports at EUR 7.3bn in 2017

Wind exports between 2006 and 2017. Source DWIA.

April 17 (Renewables Now) - Denmark’s wind industry exports contracted by 3% in 2017 to DKK 54.4 billion (USD 9bn/EUR 7.3bn), of which DKK 43.2 billion were related to goods and DKK 11.1 billion to services.

Danish Wind Industry Association (DWIA) said, citing statistics by DAMVAD Analytics, that wind industry exports account for 3.7% of the country’s total exports and 2.25% of its GDP. Despite the slight year-on-year decrease, wind exports have risen by 38% since 2006.

Britain was in 2017 the most important market for Danish wind technology and services with a share of 37% in exports, a significant jump. Germany lost the title of top destination for Danish wind exports after its share fell to 18% from 31% in 2016. North America, other Nordic countries, France, Australia and China are also important markets.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

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