Denmark Balance of Trade  1960-2017 | Data | Chart | Calendar | Forecast

The Danish trade surplus narrowed to DKK 4.6 billion in August 2017 from DKK 5.4 billion in the same month a year earlier. Imports jumped 8.3 percent from the previous year to DKK 51.1 billion, boosted by higher purchases of: Vessels, aircraft (138.6 percent); live animals, food, beverages and tobacco (11.3 percent); manufactured goods (10 percent); crude materials, inedible, except fuels (8.9 percent), and chemicals and related products (7.5 percent). Meanwhile, exports rose at a slower 6.1 percent to DKK 55.7 billion, mainly due to an increase in sales of mineral fuels, lubricants and related materials (26 percent); crude materials, inedible, except fuels (17.5 percent); machinery (15.7 percent); manufactured goods (15.6 percent); and transport equipment (10.5 percent). In the first eight months of the year, the trade surplus narrowed to DKK 44.5 billion from DKK 51.0 billion in the same period of 2016. Balance of Trade in Denmark averaged 1716.51 DKK Million from 1960 until 2017, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -2969 DKK Million in December of 1985.

Denmark Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-09 07:00 AM Balance of Trade DKK7.8B DKK5.9B DKK 6.5B
2017-09-08 07:00 AM Balance of Trade DKK5.2B DKK6.6B DKK 8.2B
2017-10-09 07:00 AM Balance of Trade DKK 4.6B DKK 3.7B DKK 4.7B
2017-11-09 08:00 AM Balance of Trade DKK 4.6B DKK 4.0B
2017-12-11 08:00 AM Balance of Trade


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4645.30 3722.60 10659.10 -2969.00 DKK Million [+]
Exports 55746.70 51758.20 64517.90 771.00 DKK Million [+]
Imports 51101.40 48035.60 55292.40 915.00 DKK Million [+]
Current Account 14679.00 13923.00 19939.00 -4967.00 DKK Million [+]
Current Account to GDP 8.10 9.20 9.20 -6.00 percent [+]
External Debt 2648.00 2866.00 176785.00 2648.00 DKK Million [+]
Terms of Trade 103.00 105.00 109.00 96.00 Index Points [+]
Capital Flows 14.00 5.00 4975.00 -712.00 DKK Million [+]
Gold Reserves 66.55 66.55 66.60 66.55 Tonnes [+]
Crude Oil Production 143.00 134.00 418.18 109.09 BBL/D/1K [+]
Foreign Direct Investment 683.90 655.30 683.90 402.30 DKK Billion [+]
Terrorism Index 2.15 0.09 2.15 0.00 [+]
Weapons Sales 25.00 25.00 330.00 1.00 USD Million [+]

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 2016, the largest trade surpluses were recorded with the US, Norway and the United Kingdom, while the biggest trade deficits were recorded with Germany, China and the Netherlands. 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4645.30 3722.60 10659.10 -2969.00 1960 - 2017 DKK Million Monthly
Current Prices, NSA




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.17 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2917.62 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17