Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 12 billion in May 2021, up from an upwardly revised DKK 9.0 billion in the previous month. Exports rose by 2.3 percent to DKK 116.3 billion, due to higher sales of services; while imports fell 0.3 percent to DKK 104.4 billion. source: Statistics Denmark
Balance of Trade in Denmark averaged 3160.27 DKK Million from 1960 until 2021, reaching an all time high of 19513 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 July of 2021.
Balance of Trade in Denmark is expected to be 8500.00 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 7000.00 in 12 months time. 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.