Denmark balance of trade

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Denmark balance of trade: 29807.8 (-9.87%)
Last Update: October 31, 2024

Denmark balance of trade closed down 29807.8 as of October 31, 2024 from 33071.3 from the previous month and 13481.5 from last year.


Denmark balance of trade Analytics & Data




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Denmark balance of trade

Date Values
2024-10-31 29807.8
2024-09-30 33071.3
2024-08-31 28595.3
2024-07-31 30765.1
2024-06-30 19689
2024-05-31 19700
2024-04-30 21711.1
2024-03-31 20540.8
2024-02-29 25625.6
2024-01-31 20924.5
2023-12-31 25783.8
2023-11-30 22589
2023-10-31 13481.5
2023-09-30 9599.6
2023-08-31 15943.3
2023-07-31 16799.2
2023-06-30 19684.1
2023-05-31 18777.9
2023-04-30 23897.3
2023-03-31 24100.7
2023-02-28 24573
2023-01-31 28443
2022-12-31 31464
2022-11-30 11777

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Denmark balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade dk.balanceoftrade 29807.8 33071.3 -10 121 UP UP 83 2024-10-31

Denmark balance of trade Quantitative Analysis, Charts & Factors

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Denmark balance of trade Historical Data

The MacroVar database offers free access to historical data for the Denmark balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Denmark balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Denmark balance of trade

Denmark's balance of trade refers to the difference between the value of its exports and imports of goods and services. A positive balance of trade occurs when a country exports more than it imports, resulting in a surplus. Conversely, a negative balance of trade occurs when a country imports more than it exports, resulting in a deficit. Denmark has historically maintained a positive balance of trade, as it is a major exporter of goods such as pharmaceuticals, machinery, and food products. This surplus has helped to boost the country's economy and contribute to its overall prosperity. Additionally, Denmark's strong trade relationships with other countries have helped to diversify its export markets and mitigate potential risks associated with fluctuations in global demand.

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