Exports from Denmark increased 3.3 percent year-on-year to DKK 55.3 billion in February 2019, driven by sales of chemicals & related products (15.4 percent); machinery (9.4 percent); transport equipment (6.6 percent), mineral fuels, lubricants & related materials (6.3 percent), and live animals, food, beverages & tobacco (2.1 percent). Meanwhile, sales fell for vessels, aircraft (-82.6 percent) and crude materials inedible except fuels (-9.9 percent). Exports in Denmark averaged 21980.48 DKK Million from 1960 until 2019, reaching an all time high of 64126.50 DKK Million in March of 2017 and a record low of 771 DKK Million in May of 1961.
Exports in Denmark is expected to be 61500.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Denmark to stand at 57000.00 in 12 months time. In the long-term, the Denmark Exports is projected to trend around 58000.00 DKK Million in 2020, according to our econometric models.