[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · DNK · 2024
Denmark trade profile
In 2024, Denmark recorded $123.1B in merchandise exports and $118.5B in imports, producing a $4.5B trade surplus. Exports changed +0.7% from the previous year, while imports changed +1.6%.[1]
Exports
$123.1B
+0.7%
Imports
$118.5B
+1.6%
Trade balance
$4.5B
surplus
Active partners
270
108 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$20.8B
HS 30 · Pharmaceutical products
43 active HS6 lines · 172 export partners
2$15.2B
HS 84 · Machinery
514 active HS6 lines · 197 export partners
3$9.0B
HS 85 · Electrical machinery
262 active HS6 lines · 197 export partners
4$6.3B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 136 export partners
5$5.6B
HS 90 · HS chapter
142 active HS6 lines · 195 export partners
6$4.3B
HS 87 · Vehicles
87 active HS6 lines · 169 export partners
7$4.0B
HS 02 · HS chapter
63 active HS6 lines · 99 export partners
8$3.6B
HS 04 · HS chapter
32 active HS6 lines · 161 export partners
Leading export markets
Destinations rank bilateral export flows from Denmark; growth describes each corridor rather than the whole economy.
1$16.7B
Germany
Annual change -1.3% · 3-year CAGR 2.4%
2$12.2B
Sweden
Annual change +1.9% · 3-year CAGR -1.9%
3$9.9B
United States
Annual change -12.5% · 3-year CAGR -4.0%
4$7.4B
Netherlands
Annual change -4.9% · 3-year CAGR 4.2%
5$6.2B
Poland
Annual change -5.6% · 3-year CAGR 17.3%
6$6.1B
China
Annual change +11.9% · 3-year CAGR -3.8%
7$6.1B
United Kingdom
Annual change +5.4% · 3-year CAGR -2.8%
8$5.2B
Norway
Annual change +1.3% · 3-year CAGR -0.3%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.