Denmark Balance of Trade  1960-2016 | Data | Chart | Calendar | Forecast

Denmark recorded a trade surplus of DKK 4.5 billion in September of 2016, compared to a DKK 6.7 billion surplus a year earlier. Exports fell 0.5 percent, led by chemicals (-10.3 percent); miscellaneous manufactured articles (-2.7 percent); and vessels, aircraft (-97.1 percent). In contrast, sales rose for machinery (+10.3 percent) and live animals, food, beverages and tobacco (+4.9 percent). Imports went up 4 percent, driven by transport equipment (+15.5 percent); vessels, aircraft (+123.7 percent); manufactured goods (+2.7 percent) and crude materials except fuels (+4.2 percent). Sales fell to the USA (-25.6 percent); China (-1.4 percent) and Norway (-2.1 percent). Imports increased to Germany (+1.8 percent); Sweden (+3.5 percent) and the Netherlands (+9 percent). Balance of Trade in Denmark averaged 1649.16 DKK Million from 1960 until 2016, reaching an all time high of 10659.10 DKK Million in October of 2013 and a record low of -2969.00 DKK Million in December of 1985.

Denmark Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-08 07:00 AM Jul DKK8.8B DKK 6.4B DKK 4.8B
2016-10-10 07:00 AM Aug DKK4.9B DKK8.47B DKK 4.4B
2016-11-09 08:00 AM Sep DKK4.5B DKK 4.6B DKK 6.8B
2016-12-09 08:00 AM Oct DKK4.5B DKK 3.9B
2017-01-11 08:00 AM Nov
2017-02-08 08:00 AM Dec




Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4458.60 4646.90 10659.10 -2969.00 DKK Million [+]
Exports 55810.40 51788.50 61292.80 771.00 DKK Million [+]
Imports 51351.80 47141.60 51377.90 915.00 DKK Million [+]
Current Account 14992.00 12207.00 20415.00 -4967.00 DKK Million [+]
Current Account to GDP 7.10 7.20 7.20 -6.00 percent [+]
External Debt 11899.00 11927.00 176785.00 11899.00 DKK Million [+]
Terms of Trade 104.00 104.00 109.00 96.00 Index Points [+]
Capital Flows 44.00 46.00 4975.00 -712.00 DKK Million [+]
Gold Reserves 66.55 66.55 66.60 66.55 Tonnes [+]
Crude Oil Production 149.00 111.00 418.00 109.00 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 15.00 17.00 330.00 1.00 USD Million [+]



Denmark Balance of Trade Notes

Danish economy depends heavily on foreign trade. Denmark is self-sufficient in energy producing oil, natural gas, wind and bio energy. Its principal exports are machinery, instruments and food products. Denmark imports mainly machinery and equipment, raw materials and semi manufactures for industry, chemicals, grain, foodstuffs and consumer goods. Trade with EU countries accounts for 60 percent of its exports and 70 percent of its imports. Germany and Sweden are Denmark’s most important trading partners. 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4458.60 4646.90 10659.10 -2969.00 1960 - 2016 DKK Million Monthly
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