US Tariff Exposure
US Tariffs on Denmark
Updated August 2026 · source: USTR Section 301 & Federal Register
Denmark is home to Novo Nordisk, maker of Ozempic and Wegovy. A 20% tariff on Danish pharma imports could make these already expensive weight-loss drugs even pricier. Vestas wind turbines also get hit.
Denmark tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Pharmaceuticals | 20% | USTR / official |
| Wind Turbines | 20% | USTR / official |
| Food Products | 20% | USTR / official |
| Pharmaceuticals | 20% | USTR / official |
| Wind Turbines | 20% | USTR / official |
Denmark trade & debt exposure to the US
- U.S. Treasury Holdings $12.6B Moderate holdings
- Trade Deficit (Annual) $5.3B 2024 goods trade deficit
Denmark tariffs — FAQ
What is the US tariff rate on Denmark?
Denmark faces an effective US tariff of 20%, with Pharmaceuticals seeing the highest sector rate at 20%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Denmark sectors are hit hardest by US tariffs?
Pharmaceuticals (20%), Wind Turbines (20%), Food Products (20%).
What does Denmark's tariff impact score mean?
32/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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