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The Nordic Region (Denmark, Finland, Iceland, Norway, and Sweden) together with partner posts in the Baltics (Estonia and Latvia) and Iceland, is a large and sophisticated marketplace, the eighth largest economy in the world, and considered worldwide to be a excellent test market for new products and an easy-to-enter market for new-to-market (NTM) companies. English is widely understood, business agreements are reliable, and commuting within the Nordics is easy to organize. The Nordic countries have close ties to the United States culturally and historically (chances are Eric the Red and his son Leif Ericson both visited North America over 1000 years ago). Excellent opportunities for US businesses exist in this market-diverse area, from offshore oil and gas equipment for Norway to a rich array of durables and consumables for all countries. Our offices and partner posts in these Nordic countries now offer a unique opportunity for U.S. companies that want a region-wide program new market program. We will package simple, affordable multi-stop programs that fit your company products and market profiles and that help gain market access to some or all of the Nordic countries. Recent visits of Commercial Service clients using the Nordic Plan for business appointments have reported excellent results.
Statistics -
| GNP | Population | GNP/Capita(est.) | |
|---|---|---|---|
| Sweden | $450 billion | 9.1M | $49,000 |
| Norway | $390 billion | 4.6M | $85,000 |
| Denmark | $312 billion | 5.4M | $58,000 |
| Finland | $246 billion | 5.2M | $47,000 |
| Latvia | $27 billion | 2.8M | $10,000 |
| Estonia | $21 billion | 1.7M | $12,000 |
| Iceland | $14 billion | .275M | $50,000 |
