Denmark trade surplus rises in February
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. ■