The Danish trade surplus widened sharply to DKK 6.3 billion in October 2018 from DKK 4.9 billion in the same month a year earlier, as exports rose more than imports. Exports increased 6.1 percent from a year earlier to DKK 62.9 billion, mainly due to higher sales of transport equipment (8.6%); mineral fuels, lubricants & related materials (16.3%); live animals, food, beverages & tobacco (1.2%); machinery (9.1%); and chemicals & related products (11.7%). On the other hand exports declined for vessels, aircraft (-5.6%). Meantime, imports went up 4 percent to DKK 56.6 billion, led by increases in purchases of mineral fuels, lubricants & related (41.2%); transport equipment (12.7 percent); crude materials & inedible (except fuels) (11.3%); and machinery (7.4%). Balance of Trade in Denmark averaged 1756.97 DKK Million from 1960 until 2018, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -7636 DKK Million in April of 2018.

Balance of Trade in Denmark is expected to be 1461.00 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 3210.00 in 12 months time. In the long-term, the Denmark Balance of Trade is projected to trend around 1566.00 DKK Million in 2020, according to our econometric models.

Denmark Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 06:00 AM Balance of Trade DKK8.5B DKK6.9B DKK 3.4B
2018-10-09 06:00 AM Balance of Trade DKK2.9B DKK7.6B DKK 4.7B
2018-11-09 07:00 AM Balance of Trade DKK5.4B DKK2.9B DKK 9.8B
2018-12-10 07:00 AM Balance of Trade DKK6.3B DKK6.7B DKK 5.1B
2019-01-09 07:00 AM Balance of Trade DKK6.3B
2019-02-08 07:00 AM Balance of Trade DKK 1.5B
2019-03-12 07:00 AM Balance of Trade


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 6294.90 6652.50 10659.10 -7636.00 DKK Million [+]
Current Account 15529.00 18295.00 20001.00 -4967.00 DKK Million [+]
Current Account to GDP 7.90 7.30 8.90 -6.00 percent [+]
Imports 56609.00 50468.70 60463.40 915.00 DKK Million [+]
Exports 62903.90 57121.20 64126.50 771.00 DKK Million [+]
External Debt 1404.00 1534.00 176785.00 1404.00 DKK Million [+]
Terms of Trade 100.00 99.00 109.00 96.00 Index Points [+]
Capital Flows 61.00 77.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 69.00 123.00 418.20 69.00 BBL/D/1K [+]
Weapons Sales 12.00 26.00 330.00 1.00 USD Million [+]
Terrorism Index 1.51 2.15 2.15 0.00 [+]
Foreign Direct Investment 684.90 624.80 684.90 402.30 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6294.90 6652.50 10659.10 -7636.00 1960 - 2018 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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