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.

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Denmark Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
11955.10 8968.80 19513.00 -2969.00 1960 - 2021 DKK Million Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
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 DKK8.5B DKK12.3B
2021-07-09 06:00 AM May DKK12B DKK9.0B DKK8.2B
2021-08-09 06:00 AM Jun DKK12B DKK 8.5B
2021-09-08 06:00 AM Jul DKK7.1B
2021-10-11 06:00 AM Aug
2021-11-09 07:00 AM Sep DKK 9B


News Stream
Danish Trade Surplus Widens in May
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.
2021-07-09
Danish Trade Surplus Narrows as Exports Fall
Denmark's goods and services trade surplus narrowed to a seasonally adjusted DKK 8.5 billion in April 2021, down from a downwardly revised DKK 12.3 billion in the previous month. Exports dropped for the first time since last October by 3.1 percent to DKK 112.8 billion, due to lower sales of both goods and services; while imports edged up 0.2 percent to DKK 104.2 billion, helped by a jump in purchases of services.
2021-06-09
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

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.