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.