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Denmark Net Trade (Goods & Services, BoP)

Denmark's net trade (goods & services, bop) rose to $46.45 billion in 2024, up from $33.17 billion in 2023, according to World Bank. This represents an increase of 40% ($13.28 billion) from the previous year. Denmark has the 13th highest net trade (goods & services, bop). Within Europe, it ranks 9th out of 44 countries.

Yearly Historical Data (1975-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 46.45
2023 33.17
2022 38.3
2021 25.47
2020 19.99
2019 20.73
2018 18.19
2017 21.51
2016 18.83
2015 19.63
2014 22.72
2013 21.48
2012 18.9
2011 21.19
2010 21.86
2009 14.98
2008 12.52
2007 9.4
2006 11.6
2005 14.56
2004 12.43
2003 13.12
2002 10.02
2001 10.43
2000 9.3
1999 8.24
1998 3.32
1997 5.69
1996 9.26
1995 7.79
1994 9.04
1993 9.82
1992 10.4
1991 8.59
1990 7.49
1989 3.36
1988 3.08
1987 1.34
1986 -0.74
1985 -0.07
1984 0.55
1983 0.88
1982 0.08
1981 0.26
1980 -0.73
1979 -2.02
1978 -1.17
1977 -1.56
1976 -1.77
1975 -0.24
Denmark Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Denmark, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $133.7B $128.6B 2024
Annual Imports $123.22B $120.21B 2024
Balance of Trade DKK 22.2B DKK 35B Aug'25
Exports DKK 172.5B DKK 182.1B Aug'25
Exports (% GDP) 69.73% 67.96% 2024
FDI Inflows (% GDP) 4.21% 1.12% 2024
Imports DKK 150.3B DKK 147.2B Aug'25
Imports (% GDP) 58.92% 59.81% 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 128.64% 127.77% 2024