Denmark's goods and services trade surplus narrowed to a seasonally adjusted DKK 9.7 billion in December 2020, down DKK 1.9 billion from a marginally revised DKK 11.6 billion in the previous month. It was the smallest trade surplus since August, as exports fell 1.6 percent from a month earlier while imports rose 0.2 percent. Considering 2020 full year, the trade surplus plunged to DKK 140.2 billion from DKK 171.6 billion in 2019, amid the coronavirus pandemic. source: Statistics Denmark
Balance of Trade in Denmark averaged 3071.84 DKK Million from 1960 until 2020, reaching an all time high of 19743 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 March of 2021.
Balance of Trade in Denmark is expected to be 9100.00 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 3500.00 in 12 months time. In the long-term, the Denmark Balance of Trade is projected to trend around 14600.00 DKK Million in 2022 and 16600.00 DKK Million in 2023, according to our econometric models.