Denmark's goods and services trade surplus increased to a seasonally adjusted DKK 29.2 billion in July 2022 from an upwardly revised DKK 24.6 billion in the previous month, as export rose faster than imports. Exports grew 3.0 percent to DKK 166.6 billion, while imports were up 0.2 percent to DKK 137.4 billion. For the first seven months of the year, the trade surplus widened strongly to DKK 160.4 billion from DKK 100.6 billion in the same period of 2021. source: Statistics Denmark

Balance of Trade in Denmark averaged 3409.01 DKK Million from 1960 until 2022, reaching an all time high of 29200 DKK Million in July of 2022 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 2022.

Balance of Trade in Denmark is expected to be 11900.00 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 12500.00 DKK Million in 2023, according to our econometric models.

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Denmark Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-08-09 06:00 AM Jun DKK24B DKK21B DKK 12.3B
2022-09-08 06:00 AM Jul DKK29.2B DKK24.6B DKK20B
2022-10-10 06:00 AM Aug DKK29.2B


Related Last Previous Unit Reference
Balance of Trade 29226.90 24592.70 DKK Million Jul 2022
Current Account 34800.00 29500.00 DKK Million Jul 2022
Exports 166639.90 161781.10 DKK Million Jul 2022
Imports 137413.00 137188.40 DKK Million Jul 2022
Terms of Trade 110.50 108.80 points Jul 2022
Capital Flows 686.80 356.80 DKK Million Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
29226.90 24592.70 29226.90 -2969.00 1960 - 2022 DKK Million Monthly
Current Prices, SA

News Stream
Danish Trade Surplus Widens in July
Denmark's goods and services trade surplus increased to a seasonally adjusted DKK 29.2 billion in July 2022 from an upwardly revised DKK 24.6 billion in the previous month, as export rose faster than imports. Exports grew 3.0 percent to DKK 166.6 billion, while imports were up 0.2 percent to DKK 137.4 billion. For the first seven months of the year, the trade surplus widened strongly to DKK 160.4 billion from DKK 100.6 billion in the same period of 2021.
2022-09-08
Danish Trade Surplus Widens in June
Denmark's goods and services trade surplus increased to a seasonally adjusted DKK 24.0 billion in June 2022 from a downwardly revised DKK 21.0 billion in the previous month, as export grew while imports fell. Exports rose 0.7 percent to DKK 160.0 billion, while imports dropped 1.3 percent to DKK 136.0 billion. For the first half of the year, the trade surplus widened sharply to DKK 120.8 billion from DKK 82.2 billion.
2022-08-09
Danish Trade Surplus Widens in May
Denmark's goods and services trade surplus increased to a seasonally adjusted DKK 21.2 billion in May 2022 from an upwardly revised DKK 15.1 billion in the previous month, as export rose more imports. Exports grew 4.9 percent to DKK 157.7 billion, while imports increased 0.9 percent to DKK 136.5 billion. For the first five months of the year, the trade surplus widened sharply to DKK 92.5 billion from DKK 65.2 billion.
2022-07-11