Denmark Balance of Trade

Last Release

Dec 31, 2024

Actual

45,800

Units In

DKK Million

39,631

Frequency

Monthly

Next Release

Mar 11, 2025

Time to Release

27 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
45,800 Dec 2024	-2,969 Dec 1985	4,268.21 DKK Million	1960-2024	Statistics Denmark

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.

Latest Updates

Denmark’s seasonally adjusted goods and services trade surplus increased to a record peak of DKK 45.8 billion in December 2024 from a downwardly revised DKK 33.5 billion in the previous month. Exports surged by 8.3% month-on-month to a new high of DKK 193.7 billion, while imports grew at a much slower 1.7% to DKK 147.9 billion. Considering the whole year 2024, the country’s trade surplus sharply rose to DKK 343.7 billion from DKK 228.6 billion in a year earlier.