Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 14.3 billion in March 2021, up DKK 0.7 billion from a downwardly revised DKK 13.6 billion in the previous month. Exports increased 4.6 percent to DKK 117.1 billion. Among major trade partners, exports to the UK jumped by 17.9 percent. Meanwhile, imports also advanced 4.6 percent to DKK 102.8 billion. source: Statistics Denmark

Balance of Trade in Denmark averaged 3133.95 DKK Million from 1960 until 2021, reaching an all time high of 19507 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 May 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.

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Denmark Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
14271.90 13643.60 19507.00 -2969.00 1960 - 2021 DKK Million Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-08 07:00 AM Dec DKK9.7B DKK11.6B DKK12B
2021-03-11 07:00 AM Jan DKK14.7B DKK11.7B DKK12.5B
2021-04-09 06:00 AM Feb DKK14B DKK15.7B
2021-05-10 06:00 AM Mar DKK14.3B DKK13.6B DKK 9.1B
2021-06-09 06:00 AM Apr DKK14.3B
2021-07-09 06:00 AM May
2021-08-09 06:00 AM Jun DKK 8.7B
2021-09-08 06:00 AM Jul


News Stream
Danish Trade Surplus Widens in March
Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 14.3 billion in March 2021, up DKK 0.7 billion from a downwardly revised DKK 13.6 billion in the previous month. Exports increased 4.6 percent to DKK 117.1 billion. Among major trade partners, exports to the UK jumped by 17.9 percent. Meanwhile, imports also advanced 4.6 percent to DKK 102.8 billion.
2021-05-10
Danish Trade Surplus Narrows in February
Denmark's goods and services trade surplus narrowed to a seasonally adjusted DKK 14.0 billion in February 2021, down DKK 1.7 billion from an upwardly revised DKK 15.7 billion in the previous month. Exports increased 0.9 percent to DKK 109.9 billion, mainly due to higher sales of machinery. Among major trade partners, exports grew to the US and China. Meanwhile, imports rose at a faster 2.9 percent to DKK 95.9 billion, due to purchases of ships and aircraft. Imports rose from China.
2021-04-09
Danish Trade Surplus Widens in January
Denmark's goods and services trade surplus widened to a seasonally adjusted DKK 14.7 billion in January 2021, up DKK 3 billion from an upwardly revised DKK 11.7 billion in December. Exports increased 1 percent from a month earlier to DKK 107.7 billion, mainly due to higher sales in fuels and machinery. Among major trade partners, exports to Sweden went up 14 percent. Meanwhile, imports fell 2 percent to DKK 93.0 billion, especially in the services sector as well as key goods products such as transport and food. Imports from the UK plunged by 17 percent.
2021-03-11
Danish Trade Surplus Smallest in 4 Months
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.
2021-02-08

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.