Nordic (or Scandinavian) Languages consist of Danish, Finnish, Icelandic, Norwegian and Swedish. Faeroese would also be considered a Nordic language.
Scandinavian languages as a group are important to consider, given the region’s wealth and strong trading relationships on a global scale.
English is spoken widely as a second language in Nordic countries, but like most Europeans, Scandinavians prefer to receive product information, instructions, user interfaces and other content in their own languages.
Sweden is a competitive mixed economy with open market policies that sustain a large flow of trade and investment, making it a great place to do business. Trade is important to Sweden’s economy. The value of exports and imports together equals 86% of GDP and it is ranked as the 4th most complex economy in the world.
Swedish is part of the North Germanic group of languages. It is also spoken in parts of neighboring Finland, which extends the number of speakers well beyond Sweden’s 9 million Swedish speakers.
Denmark is the 39th largest economy in the world and its population has the most equal distribution of wealth in the world. The Danish economy relies heavily on international trade. Danish imports include machinery and equipment. raw materials & semi-manufactures for industry, chemicals, grain and foodstuffs, and consumer products.
Danish is part of the North Germanic group of languages and is spoken by 5.5 million people.
Although Norway is a relatively small Nordic country, the USA is a significant trading partner. 6.6% of all Norwegian imports originate from the USA and include machinery and equipment, chemicals, metals and foodstuffs.
Like Swedish and Danish, the Norwegian language is part of the North Germanic family of languages and is spoken by 5 million people.
Finland is the 43rd largest export economy in the world and the 8th most complex economy according to the Economic Complexity Index (ECI). In 2015, Finland imported $57.2 billion in goods and services. Top imports for the Finnish market include foodstuffs, petroleum, chemicals, transport equipment, machinery and grains.
Investing in translation for Nordic languages can be well worth the purchasing power that exists in these sophisticated, trade friendly and relatively rich region. Gateway Globalization has a robust pool of Danish, Finnish, Icelandic, Norwegian and Swedish translators who have subject matter expertise across a broad range of industries and who provide the level of quality expected by Nordic businesses and consumers.
Icelandic is a sub-group language associated with Northern Germanic languages and is most closely related to Norwegian and Faeroese.
US goods exported to Iceland totaled $515 million in 2013 and is the 104th largest export market for the United States.
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