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.