Denmark’s goods and services trade surplus edged higher to a seasonally adjusted DKK 24.8 billion in March 2023, from an upwardly revised DKK 24.3 billion in the prior month. Exports grew by 1.7 percent to DKK 157.6 billion, mainly due to a rise in the export of services, while imports advanced by 1.6 percent to DKK 132.7 billion. For the first three months of the year, the country's trade surplus widened to DKK 75.6 billion from DKK 66.4 billion in the corresponding period of the previous year. source: Statistics Denmark

Balance of Trade in Denmark averaged 3696.43 DKK Million from 1960 until 2023, reaching an all time high of 32439.00 DKK Million in July of 2022 and a record low of -2969.00 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 June of 2023.

Balance of Trade in Denmark is expected to be 19400.00 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 17900.00 DKK Million in 2024 and 18300.00 DKK Million in 2025, according to our econometric models.

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Denmark Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-04-05 06:00 AM Feb DKK21.8B DKK21.8B DKK22.6B
2023-05-09 06:00 AM Mar DKK24.8B DKK24.3B DKK21.5B
2023-06-09 06:00 AM Apr DKK24.8B DKK22.6B


Related Last Previous Unit Reference
Balance of Trade 24836.00 24260.00 DKK Million Mar 2023
Current Account 29522.00 30679.00 DKK Million Mar 2023
Exports 157558.00 154888.00 DKK Million Mar 2023
Imports 132722.00 130628.00 DKK Million Mar 2023
Terms of Trade 113.70 113.90 points Mar 2023
Capital Flows 426.30 426.30 DKK Million Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
24836.00 24260.00 32439.00 -2969.00 1960 - 2023 DKK Million Monthly
Current Prices, SA

News Stream
Danish Trade Surplus Widens in March
Denmark’s goods and services trade surplus edged higher to a seasonally adjusted DKK 24.8 billion in March 2023, from an upwardly revised DKK 24.3 billion in the prior month. Exports grew by 1.7 percent to DKK 157.6 billion, mainly due to a rise in the export of services, while imports advanced by 1.6 percent to DKK 132.7 billion. For the first three months of the year, the country's trade surplus widened to DKK 75.6 billion from DKK 66.4 billion in the corresponding period of the previous year.
2023-05-09
Danish Trade Surplus Little-Changed in February
Denmark’s goods and services trade surplus stood at DKK 21.81 billion in February 2023, little changed from the previous month, with exports falling less than imports. Exports shrank by 1.1 percent to a 12-month low of DKK 149.41 billion, while imports dropped at a faster 1.3 percent to a 12-month low of DKK 127.60 billion, mainly due to a fall in medicinal products and animal and vegetable oils. For the first two months of the year, the country's trade surplus widened to DKK 41.3 billion from DKK 34.8 billion in the same period of 2022.
2023-04-05
Danish Trade Surplus Narrows in January
Denmark’s goods and services trade surplus declined to a seasonally adjusted DKK 20.9 billion in January 2023, from an upwardly revised DKK 24.0 billion in the previous month, with exports falling more than imports. Exports dropped by 5.6 percent to an 11-month low of DKK 150.3 billion, while imports fall at a softer 4.3 percent to an 11-month low of DKK 129.4 billion.
2023-03-13