Denmark's goods and services trade surplus declined to a seasonally adjusted DKK 12.6 billion in July 2021, down from an upwardly revised DKK 16.3 billion in the previous month. Exports fell 2.6 percent month-on-month to DKK 117.4 billion. The value of exports goods and services was on a par with pre-pandemic level. Compared with January 2020, which was the month before the pandemic hit trade, exports to the US were 17 higher, while those to Germany and Sweden fell 13 percent and 8 percent, respectively. Meanwhile, imports in July grew 0.6 percent from a month earlier to DKK 104.8 billion. Considering the first seven months of the year, the trade surplus narrowed to DKK 95.3 billion from DKK 97.9 billion a year earlier. source: Statistics Denmark

Balance of Trade in Denmark averaged 3184.90 DKK Million from 1960 until 2021, reaching an all time high of 20282 DKK Million in October of 2019 and a record low of -2969 DKK Million in December of 1985. This page provides - Denmark Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in Denmark is expected to be 9000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Balance of Trade is projected to trend around 3200.00 DKK Million in 2022 and 4200.00 DKK Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Denmark Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
12567.00 16348.00 20181.00 -2969.00 1960 - 2021 DKK Million Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-09 06:00 AM Apr DKK8.5B DKK12.3B
2021-07-09 06:00 AM May DKK12B DKK9.0B DKK8.2B
2021-08-09 06:00 AM Jun DKK15.3B DKK12.2B DKK 8.5B
2021-09-08 06:00 AM Jul DKK12.6B DKK16.3B DKK7.1B
2021-10-11 06:00 AM Aug DKK12.6B
2021-11-09 07:00 AM Sep DKK 9B
2021-12-09 07:00 AM Oct


News Stream
Danish Trade Surplus Narrows in July
Denmark's goods and services trade surplus declined to a seasonally adjusted DKK 12.6 billion in July 2021, down from an upwardly revised DKK 16.3 billion in the previous month. Exports fell 2.6 percent month-on-month to DKK 117.4 billion. The value of exports goods and services was on a par with pre-pandemic level. Compared with January 2020, which was the month before the pandemic hit trade, exports to the US were 17 higher, while those to Germany and Sweden fell 13 percent and 8 percent, respectively. Meanwhile, imports in July grew 0.6 percent from a month earlier to DKK 104.8 billion. Considering the first seven months of the year, the trade surplus narrowed to DKK 95.3 billion from DKK 97.9 billion a year earlier.
2021-09-08
Danish Trade Surplus Largest in 9 Months
Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 15.3 billion in June 2021, up from an upwardly revised DKK 12.2 billion in the previous month. It was the largest trade surplus since last September, as exports dropped less than imports. Exports fell by 0.5 percent to DKK 116.9 billion, while imports dropped at a faster 3.5 percent to DKK 101.6 billion. Considering the first half of the year, export rose by 7 percent from a year earlier to DKK 678.9 billion, while imports grew 9 percent to DKK 602.1 billion, bringing a trade surplus of DKK 76.8 billion.
2021-08-09
Danish Trade Surplus Widens in May
Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 12 billion in May 2021, up from an upwardly revised DKK 9.0 billion in the previous month. Exports rose by 2.3 percent to DKK 116.3 billion, due to higher sales of services; while imports fell 0.3 percent to DKK 104.4 billion.
2021-07-09
Danish Trade Surplus Narrows as Exports Fall
Denmark's goods and services trade surplus narrowed to a seasonally adjusted DKK 8.5 billion in April 2021, down from a downwardly revised DKK 12.3 billion in the previous month. Exports dropped for the first time since last October by 3.1 percent to DKK 112.8 billion, due to lower sales of both goods and services; while imports edged up 0.2 percent to DKK 104.2 billion, helped by a jump in purchases of services.
2021-06-09

Denmark Balance of Trade
Denmark has been reporting consistent trade surpluses since 1988. Denmark is self-sufficient in energy producing oil, natural gas, wind and bio energy. Its principal exports are machinery, chemicals and food products. Denmark imports mainly machinery and equipment, raw materials and semi manufactures for industry, foodstuffs and chemicals. In 2017, the largest trade surpluses were recorded with the US, the UK, Norway, France and Russia, while the biggest trade deficits were recorded with Germany, the Netherlands, China and Sweden.