Danish’s trade surplus widened to DKK 9 billion in July 2019 from DKK 7.5 billion in the same month a year earlier. Exports increased 9.6 percent to DKK 61.9 billion, boosted by sales of machinery (23.6 pct); chemicals & related products (18.6 pct); transport equipment (15.6 pct); live animals, food, beverages & tobacco (8.5 pct); crude materials inedible except fuels (6.2 pct), and miscellaneous manufactured articles (3.1 pct). Meantime, imports rose 8.0 percent from a year earlier to DKK 52.9 billion, led by higher purchases of miscellaneous manufactured articles (8.5 pct); live animals, food, beverages & tobacco (7.3 pct); chemicals & related products (7.1 pct), and manufactured goods classified chiefly by material (0.5 pct). Balance of Trade in Denmark averaged 1812.39 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 -7490 DKK Million in April of 2018.

Balance of Trade in Denmark is expected to be 6600.00 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 8400.00 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
2019-06-07 06:00 AM Balance of Trade Apr DKK7.8B DKK5.0B DKK 2.6B
2019-07-09 06:00 AM Balance of Trade May DKK9B DKK7.7B DKK 5.9B
2019-08-09 06:00 AM Balance of Trade Jun DKK7.2B DKK9.7B DKK 7.4B
2019-09-09 06:00 AM Balance of Trade Jul DKK9B DKK5.9B DKK 5.3B
2019-10-09 06:00 AM Balance of Trade Aug DKK9B DKK 4.9B
2019-11-11 07:00 AM Balance of Trade Sep DKK 6.6B
2019-12-09 07:00 AM Balance of Trade Oct DKK 3.5B


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 9041.50 5930.80 10659.10 -7490.00 DKK Million [+]
Current Account 19187.00 15984.00 22044.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 52888.40 52437.20 60713.50 915.00 DKK Million [+]
Exports 61929.90 58368.00 64552.80 771.00 DKK Million [+]
External Debt 721.00 819.00 176785.00 721.00 DKK Million [+]
Terms of Trade 103.00 102.00 109.00 96.00 Index Points [+]
Capital Flows 55.00 47.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.55 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 118.00 118.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 27.00 20.00 272.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9041.50 5930.80 10659.10 -7490.00 1960 - 2019 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19


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