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Denmark's foreign trade surplus goes in right direction

Staff writer |
Denmark's foreign trade surplus increased in March from a month ago, as exports rose and imports fell, figures from Statistics Denmark showed.

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The trade surplus climbed to DKK 5.6 billion from DKK 3.6 billion in the preceding month.

Exports grew 1.8 percent monthly in March, reversing a 1.6 percent drop in the preceding month. At the same time, imports slid 2.3 percent over the month, in contrast to a 2.8 percent spike in February.

Exports to EU countries rose 1.5 percent in March and those to non-EU countries went up by 2.2 percent.

Separately, the statistical office announced that country's current account surplus increased to DKK 11.0 billion in March from DKK 8.9 billion in February.