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Denmark Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Denmark's trade balance was $50.1B in 2025, ranked 15th globally. This represents a 15.3% increase from 2024. Data from World Bank, covering 1966–2025.

$50.1B +$6.6B (+15.3%)
Year 2025 Rank #15 Global Peak $50.1B (2025) Source World Bank

Denmark Trade Balance (1966–2025)

Overview

Denmark's trade balance stood at $50.1B in 2025, a rise of +$6.6B from 2024. Based on recent trends, this figure is projected to reach $50.1B by 2025. Denmark ranked 15th globally.

Denmark’s trade balance has risen dramatically over the past six decades, moving from a modest deficit of –187,645,109.50 in 1966 to a robust surplus of 50,105,620,901.67 in 2025, ranking fifteenth globally. The all‑time trough of –2,020,047,973.53 occurred in 1976, reflecting the oil crises and structural adjustments of the 1970s, while the 2025 peak underscores the country’s successful export‑oriented strategy in high‑value sectors such as pharmaceuticals, renewable energy technology and maritime services. Denmark’s surplus now exceeds that of Poland (39,219,903,371.77) and approaches the level of Kuwait (59,715,092,569.68), illustrating its competitive position among both European and resource‑rich economies. The sustained upward trajectory suggests that continued innovation, diversification of export markets and stable global demand will likely maintain the surplus, although significant shifts in trade policy or commodity price volatility could alter the path.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $61.8B - -
2026* trend $56.0B - -
2025* trend $50.1B - -
2025 $50.1B +$6.6B #15
2024 $43.5B +$7.0B #145
2023 $36.4B −$1.6B #156
2022 $38.1B +$13.3B #164
2021 $24.7B +$4.7B #159
2020 $20.1B −$698.9M #164
2019 $20.8B +$2.5B #161
2018 $18.3B −$3.2B #162
2017 $21.5B +$2.6B #164
2016 $18.8B −$768.6M #165
2015 $19.6B −$3.2B #166
2014 $22.8B +$1.3B #161
2013 $21.5B +$2.5B #158
2012 $19.0B −$2.2B #152
2011 $21.2B −$709.3M #154
Show all years (1966-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 6.5% C/A balance 8.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Denmark matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Denmark's trade balance?▾

Denmark's trade balance was $50.1B in 2025. Ranked 15th globally. This represents a 15.3% increase from the previous year.

What was the highest trade balance in Denmark?▾

Denmark's trade balance peaked at $50.1B in 2025.

What was the lowest trade balance in Denmark?▾

The lowest trade balance in Denmark was $-2.0B in 1976.

How does Denmark rank in trade balance?▾

Denmark ranks 15th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Denmark in 2025?▾

Denmark's trade balance is projected to reach $50.1B by 2025 based on trend extrapolation.

What is Denmark's trade balance in billion?▾

Denmark's trade balance was approximately 50.11 billion ($50.1B) in 2025.

What is the trade balance of Denmark in 2025?▾

The trade balance of Denmark in 2025 was $50.1B. This ranks 15th in the world.

Cite this page

APA
Denmark Trade Balance. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/denmark/trade-balance/
BibTeX
@misc{historysaid_denmark_trade-balance, title = {Denmark Trade Balance}, url = {https://historysaid.com/denmark/trade-balance/}, publisher = {HistorySaid}, year = {2026} }

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