The impact of the pandemic on international trade in the Nordic countries

Abstract

The COVID-19 pandemic had a major impact on international trade worldwide, and the Nordic countries were no exception. This paper analyses the changes in the international trade of the Nordic countries such as Denmark, Sweden, Norway and Iceland during the COVID-19 period, their export and import trends and the correlation of imports with customs and regulating policies during COVID-19 pandemic. The aim of this paper is to investigate the changes in international trade between the Nordic countries during the COVID-19 period. The Nordic countries stand out as countries with very strong economies, extensive civil liberties and high levels of social trust, which raises the question of whether the international trade processes of strong economies have been affected by the COVID-19 pandemic.