The Danish trade surplus narrowed to DKK 4.5 billion in February 2019 from DKK 4.9 billion in the same month a year earlier. Imports went up 4.4 percent from a year earlier to DKK 50.8 billion, led by higher purchases of transport equipment (13 percent); machinery (11.9 percent); manufactured goods (3.9 percent), live animals, food, beverages & tobacco (3.1 percent), and chemicals & related products (1.2 percent). By contrast, purchases dropped for mineral fuels, lubricants &related materials (-7.9 percent) and crude materials, inedible, except fuels fell (-4 percent). Exports increased 3.3 percent to DKK 55.3 billion, driven by sales of chemicals & related products (15.4 percent); machinery (9.4 percent); transport equipment (6.6 percent), mineral fuels, lubricants & related materials (6.3 percent), and live animals, food, beverages & tobacco (2.1 percent). Meanwhile, sales fell for vessels, aircraft (-82.6 percent) and crude materials inedible except fuels (-9.9 percent). Balance of Trade in Denmark averaged 1772.86 DKK Million from 1960 until 2019, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -7724.10 DKK Million in April of 2018.

Balance of Trade in Denmark is expected to be 7400.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Denmark to stand at 2800.00 in 12 months time. In the long-term, the Denmark Balance of Trade is projected to trend around 3500.00 DKK Million in 2020, according to our econometric models.

Denmark Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-09 07:00 AM Balance of Trade DKK6.2B DKK5.8B DKK 3.8B
2019-02-08 07:00 AM Balance of Trade DKK1.6B DKK6.2B DKK 1.5B
2019-03-11 07:00 AM Balance of Trade DKK6B DKK2.0B DKK 2.5B
2019-04-09 06:00 AM Balance of Trade DKK4.5B DKK5.7B DKK 4.1B
2019-05-09 06:00 AM Balance of Trade DKK4.5B DKK 5.1B
2019-06-07 06:00 AM Balance of Trade DKK 2.6B
2019-07-09 06:00 AM Balance of Trade DKK 5.9B


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4480.80 5690.40 10659.10 -7724.10 DKK Million [+]
Current Account 11990.00 11554.00 20001.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 50817.60 55396.30 60569.30 915.00 DKK Million [+]
Exports 55298.40 61086.70 64126.50 771.00 DKK Million [+]
External Debt 1102.00 1095.00 176785.00 1095.00 DKK Million [+]
Terms of Trade 100.00 100.00 109.00 96.00 Index Points [+]
Capital Flows 9.00 -159.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 126.00 126.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 12.00 26.00 330.00 1.00 USD Million [+]
Foreign Direct Investment 735.40 689.50 735.40 402.30 DKK Billion [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Denmark Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4480.80 5690.40 10659.10 -7724.10 1960 - 2019 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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