Denmark Balance of Trade  1960-2017 | Data | Chart | Calendar | Forecast

Danish trade surplus rose to DKK 9.7 billion in March 2017 from DKK 7.1 billion in the same month a year earlier. It was the biggest trade surplus since March 2015, as exports jumped 16.9 percent year-on-year to a record high of DKK 63.6 billion, boosted by higher sales of vessels, aircraft (402.6 percent); mineral fuels, lubricants and related materials (70.1 percent); crude materials, inedible, except fuels (26.6 percent); chemicals and related (16 percent); live animals, food, beverages and tobacco (14.7 percent); and machinery (13.6 percent). Imports rose at a slower 13.8 percent to an all-time high of DKK 53.8 billion, as purchases went up for vessels, aircraft (313 percent); mineral fuels, lubricants and related materials (31.2 percent); transport equipment (16.4 percent); and manufactured goods (16 percent). In the first quarter of the year, the trade surplus widened to DKK 18.8 billion from DKK 13.0 billion in the same period of 2016. Balance of Trade in Denmark averaged 1677.13 DKK Million from 1960 until 2017, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -2969 DKK Million in December of 1985.

Denmark Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-13 08:00 AM Jan DKK 5B DKK 3.8B DKK 4.5B
2017-04-10 07:00 AM Feb DKK 4.1B DKK 4.9B DKK 4.1B
2017-05-09 07:00 AM Mar DKK 9.7B DKK 4.1B DKK 7.7B
2017-06-09 07:00 AM Apr DKK 9.7B
2017-07-10 07:00 AM May
2017-08-09 07:00 AM Jun




Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 9734.00 4141.70 10659.10 -2969.00 DKK Million [+]
Exports 63550.50 50756.80 63550.50 771.00 DKK Million [+]
Imports 53816.50 46615.10 53816.50 915.00 DKK Million [+]
Current Account 8926.00 12509.00 20415.00 -4967.00 DKK Million [+]
Current Account to GDP 7.10 7.20 7.20 -6.00 percent [+]
External Debt 3343.00 11566.00 176785.00 3252.00 DKK Million [+]
Terms of Trade 104.00 102.00 109.00 96.00 Index Points [+]
Capital Flows -2.00 41.00 4975.00 -712.00 DKK Million [+]
Gold Reserves 66.55 66.55 66.60 66.55 Tonnes [+]
Crude Oil Production 136.00 144.00 418.18 109.09 BBL/D/1K [+]
Foreign Direct Investment 683.90 655.30 683.90 402.30 DKK Billion [+]
Terrorism Index 2.15 0.09 2.15 0.00 [+]
Weapons Sales 25.00 25.00 330.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Denmark Balance of Trade Notes

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 2016, the largest trade surpluses were recorded with the US, Norway and the United Kingdom, while the biggest trade deficits were recorded with Germany, China and the Netherlands. This page provides - Denmark Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9734.00 4141.70 10659.10 -2969.00 1960 - 2017 DKK Million Monthly
Current Prices, NSA



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17