Denmark Exports Fall Again

My FX Forum

Staff member
Denmark's merchandise exports declined further in August, while imports grew, figures from Statistics Denmark showed on Tuesday.

Exports excluding ships, aircraft and fuel, dropped 1.9 percent year-on-year following a 1.8 percent fall in July. Imports rose 1 percent after a 1.1 percent decrease in the previous month.

The trade surplus excluding ships, aircraft and fuel was a seasonally adjusted DKK 5 billion in August. The total trade surplus was a seasonally adjusted DKK 2.4 billion.

Exports grew 4.1 percent sequentially in the three months to August.