Denmark: Trade balance, in dollars

* indicates monthly or quarterly data series
 Denmark

Trade balance, billion USD

 Latest value 33.17
 Year 2023
 Measure billion U.S. dollars
 Data availability 1975 - 2023
 Average 10.73
 Min - Max -2.02 - 38.30
 Source The World Bank
The latest value from 2023 is 33.17 billion U.S. dollars, a decline from 38.3 billion U.S. dollars in 2022. In comparison, the world average is 4.81 billion U.S. dollars, based on data from 148 countries. Historically, the average for Denmark from 1975 to 2023 is 10.73 billion U.S. dollars. The minimum value, -2.02 billion U.S. dollars, was reached in 1979 while the maximum of 38.3 billion U.S. dollars was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Denmark - Trade balance, in dollars - Recent values chart

Historical series
Denmark - Trade balance, in dollars - historical chart - 1975-2023




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 99.12 2021 percent
 Trade openness 127.77 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 67.96 2023 percent
 Exports, billion dollars 276.66 2023 billion U.S. dollars
 Growth of exports 13.42 2023 percent
 Imports, percent of GDP 59.44 2023 percent
 Imports, billion dollars 243.48 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.67 2023 percent
 Foreign Direct Investment, billion dollars 4.58 2023 billion U.S. dollars
 Portfolio investment inflows, equities -7,003.04 2023 million dollars (current)
 Current account, percent of GDP 10.90 2023 percent
 Current account, in dollars 40.06 2023 billion U.S. dollars
 Current Account, quarterly 16.47 12/2024 percent
 Trade balance, percent of GDP 9.57 2023 percent
 Trade balance, in dollars 33.17 2023 billion U.S. dollars
 Reserves 109.37 2023 billion U.S. dollars
 Remittances, percent of GDP 0.35 2023 percent
 Remittances 1,429.43 2023 million U.S. dollars
 Net errors and omissions -5,696.61 2023 million USD
 Foreign exchange reserves 665.90 3/2025 billion
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