The Danish trade surplus rose to DKK 1.6 billion in December 2018 from DKK 0.6 billion in the same month a year earlier, as exports fell less than imports. Exports decreased 1.2 percent from a year earlier to DKK 49.8 billion, mainly due to lower sales of transport equipment (-10.1%); live animals, food, beverages & tobacco (-7.3%). On the other hand exports increased for: mineral fuels, lubricants & related materials (6.1%); chemicals & related products (5.0%); vessels, aircraft (25.5%), and machinery (47.6%). Meantime, imports declined at a faster 3.1 percent to DKK 48.3 billion, led by decreases in purchases of crude materials, inedible, except fuels (-12.3 percent); live animals, food, beverages and tobacco (-3.1 percent), and manufactured goods classified chiefly by material (-3.0 percent). Balance of Trade in Denmark averaged 1756.97 DKK Million from 1960 until 2018, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -7636 DKK Million in April of 2018.

Balance of Trade in Denmark is expected to be 1461.00 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 3210.00 in 12 months time. In the long-term, the Denmark Balance of Trade is projected to trend around 1566.00 DKK Million in 2020, according to our econometric models.

Denmark Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 07:00 AM Balance of Trade DKK5.4B DKK2.9B DKK 9.8B
2018-12-10 07:00 AM Balance of Trade DKK6.3B DKK6.7B DKK 5.1B
2019-01-09 07:00 AM Balance of Trade DKK6.2B DKK5.8B DKK 3.8B
2019-02-08 07:00 AM Balance of Trade DKK1.6B DKK6.2B DKK 1.5B
2019-03-11 07:00 AM Balance of Trade DKK1.6B DKK 2.5B
2019-04-09 06:00 AM Balance of Trade DKK 4.1B
2019-05-09 06:00 AM Balance of Trade


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 1564.20 6177.60 10659.10 -7636.00 DKK Million [+]
Current Account 15894.00 15697.00 20001.00 -4967.00 DKK Million [+]
Current Account to GDP 8.00 7.90 8.90 -6.00 percent [+]
Imports 48274.10 55821.00 60463.40 915.00 DKK Million [+]
Exports 49838.30 61998.60 64126.50 771.00 DKK Million [+]
External Debt 1289.00 1398.00 176785.00 1289.00 DKK Million [+]
Terms of Trade 101.00 101.00 109.00 96.00 Index Points [+]
Capital Flows 63.00 63.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 69.00 123.00 418.20 69.00 BBL/D/1K [+]
Weapons Sales 12.00 26.00 330.00 1.00 USD Million [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1564.20 6177.60 10659.10 -7636.00 1960 - 2018 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1369.00 Dec/18
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -55.29 Dec/18
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -2568800.00 Nov/18
Switzerland 1787.14 Dec/18
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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