Denmark's goods and services trade surplus declined to a seasonally adjusted DKK 11 billion in August 2021, down from a downwardly revised DKK 11.5 billion in the previous month. It was the smallest trade surplus since April, as exports grew less than imports. Exports expanded 0.8 percent month-on-month to DKK 117.9 billion. Meanwhile, imports in August rose at a faster 1.4 percent from a month earlier to DKK 106.9 billion. Considering the first eight months of the year, the trade surplus narrowed to DKK 103.6 billion from DKK 111.3 billion a year earlier. source: Statistics Denmark

Balance of Trade in Denmark averaged 3199.15 DKK Million from 1960 until 2021, reaching an all time high of 20181 DKK Million in October of 2019 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 October of 2021.

Balance of Trade in Denmark is expected to be 4800.00 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 3200.00 DKK Million in 2022 and 4200.00 DKK Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Denmark Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-09-08 06:00 AM Jul DKK12.6B DKK16.3B DKK7.1B
2021-10-11 06:00 AM Aug DKK11B DKK11.5B
2021-11-09 07:00 AM Sep DKK11B DKK 9B


News Stream
Danish Trade Surplus Smallest in 4 Months
Denmark's goods and services trade surplus declined to a seasonally adjusted DKK 11 billion in August 2021, down from a downwardly revised DKK 11.5 billion in the previous month. It was the smallest trade surplus since April, as exports grew less than imports. Exports expanded 0.8 percent month-on-month to DKK 117.9 billion. Meanwhile, imports in August rose at a faster 1.4 percent from a month earlier to DKK 106.9 billion. Considering the first eight months of the year, the trade surplus narrowed to DKK 103.6 billion from DKK 111.3 billion a year earlier.
2021-10-11
Danish Trade Surplus Narrows in July
Denmark's goods and services trade surplus declined to a seasonally adjusted DKK 12.6 billion in July 2021, down from an upwardly revised DKK 16.3 billion in the previous month. Exports fell 2.6 percent month-on-month to DKK 117.4 billion. The value of exports goods and services was on a par with pre-pandemic level. Compared with January 2020, which was the month before the pandemic hit trade, exports to the US were 17 higher, while those to Germany and Sweden fell 13 percent and 8 percent, respectively. Meanwhile, imports in July grew 0.6 percent from a month earlier to DKK 104.8 billion. Considering the first seven months of the year, the trade surplus narrowed to DKK 95.3 billion from DKK 97.9 billion a year earlier.
2021-09-08
Danish Trade Surplus Largest in 9 Months
Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 15.3 billion in June 2021, up from an upwardly revised DKK 12.2 billion in the previous month. It was the largest trade surplus since last September, as exports dropped less than imports. Exports fell by 0.5 percent to DKK 116.9 billion, while imports dropped at a faster 3.5 percent to DKK 101.6 billion. Considering the first half of the year, export rose by 7 percent from a year earlier to DKK 678.9 billion, while imports grew 9 percent to DKK 602.1 billion, bringing a trade surplus of DKK 76.8 billion.
2021-08-09

Denmark Last Unit Reference Previous Highest Lowest
Balance of Trade 11040.30 DKK Million Aug/21 11501.50 20181.00 -2969.00
Current Account 14300.00 DKK Million Aug/21 14700.00 22980.00 -1400.00
Imports 106889.80 DKK Million Aug/21 104452.20 106889.80 915.00
Exports 117930.10 DKK Million Aug/21 116953.70 120580.00 771.00
Terms of Trade 112.70 points Aug/21 113.30 115.20 93.80
Capital Flows 17.00 DKK Million Aug/21 329.00 4975.00 -706.00


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.