POST Online Media Lite Edition


Denmark trade surplus rises in February

Staff writer |
Denmark's merchandise trade surplus increased in February from the previous month, as exports grew faster than imports, figures from Statistics Denmark showed.

Article continues below

The external trade surplus, excluding ships and aircraft, rose to a seasonally adjusted DKK 8.7 billion from DKK 7 billion in January. Exports grew 4.9 percent month-on-month, driven by higher demand for oil from the U.S. and the U.K. In January, exports increased 1.4 percent.

Imports rose 1.9 percent, following a 2.7 percent slump in January.

Separately, the statistical office announced that the current account surplus widened to DKK 9.5 billion from DKK 7.9 billion in January. A year ago, the surplus was DKK 6.4 billion.

What to read next

Eurozone trade surplus 24.9 billion euros in April
Eurozone trade surplus 13.9 billion euros
South Korea's trade surplus in industrial parts tops $100 billion