Imports to Denmark fell 0.7 percent from a year earlier to DKK 52.7 billion in August 2019, led by lower purchases of live animals, food, beverages & tobacco (-2.7 pct); chemicals & related products (-5.4 pct); manufactured goods classified chiefly by material (-4.3 pct); mineral fuels, lubricants & related material (-11.9 pct); and crude materials inedible except fuels (-20 pct). By contrast, sales rose for machinery (9.2 pct); and miscellaneous manufactured articles (1.7 pct). Imports in Denmark averaged 20489.26 DKK Million from 1960 until 2019, reaching an all time high of 60715.30 DKK Million in April of 2018 and a record low of 915 DKK Million in September of 1960.
Imports in Denmark is expected to be 49500.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Denmark to stand at 53200.00 in 12 months time. In the long-term, the Denmark Imports is projected to trend around 54500.00 DKK Million in 2020, according to our econometric models.