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Denmark

Denmark ranked No. 44 in total trade value through October with a total of $9.38 billion. Exports totaled $2.11 billion and Imports totaled $7.28 billion, a deficit of $5.17 billion.

January – October 2018

Top Trading Ports

Total Trade: $9.38 billion

RankPortTotal YTD
1Chicago O’Hare International Airport $2,311,483,125
2Detroit Ambassador Bridge, Mich. $1,407,503,169
3Port of Newark $811,301,604
4Port of Virginia $529,027,133
5Port of Houston $522,617,869
6Port of New Orleans $424,152,933
7John F. Kennedy International Airport $285,760,763
8Cleveland’s Hopkins International Airport, Ohio $235,481,415
9Port of Beaumont, Texas $202,601,047
10Port of Charleston $179,753,058

U.S. trade with Denmark rose to $9.38 billion through October

Denmark’s trade with the United States rose to $9.38 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.86 percent above its total trade during the same time period last year. Denmark’s exports increased 18.66 percent while imports rose 12.55 percent. The U.S. deficit with Denmark was $5.17 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Detroit Ambassador Bridge, Mich.; No. 3 Port of Newark; No. 4 Port of Virginia; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Detroit Ambassador Bridge, Mich. No. 2 Chicago O’Hare International Airport No. 3 Port of Newark No. 4 Port of Virginia and No. 5 Port of Houston. In the current time period, the top five accounted for 59.5 percent of Denmark’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 56.4 percent to $2.31 billion.
    Exports fell 15.63 percent to $107.21 million. Imports rose 63.17 percent to $2.2 billion.
  • Trade with No. 2 Detroit Ambassador Bridge, Mich. fell 16.15 percent to $1.41 billion.
    Exports fell 61.2 percent to $5.69 million. Imports fell 15.75 percent to $1.4 billion.
  • Trade with No. 3 Port of Newark fell 8.67 percent to $811.3 million.
    Exports rose 20.26 percent to $128.85 million. Imports fell 12.64 percent to $682.45 million.
  • Trade with No. 4 Port of Virginia rose 27.07 percent to $529.03 million.
    Exports rose 22.54 percent to $177.48 million. Imports rose 29.49 percent to $351.55 million.
  • Trade with No. 5 Port of Houston rose 41.14 percent to $522.62 million.
    Exports rose 17.72 percent to $117.45 million. Imports rose 49.77 percent to $405.17 million.

Denmark ranked No. 44 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 47.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Denmark by value through October were the categories of Oil; Low value shipments; Medicines not in individual dosages; Medical instruments for surgeons, dentists, vets; and Cell phones, related equipment, respectively. They accounted for 24.45 percent of total exports to Denmark.

The value of the top five categories of U.S. imports from Denmark –– Medicines in individual dosages; Gasoline, other fuels; Enzymes; Orthopedic appliances, artificial body parts; and Misc. engines and motors, parts –– accounted for 53.03 percent of all inbound shipments.

Looking more closely at U.S. exports to Denmark:

  • Oil rose 519.28 percent compared to last year to $225.52 million.
  • Low value shipments rose 19.07 percent compared to last year to $79.81 million.
  • Medicines not in individual dosages rose 56.64 percent compared to last year to $79.5 million.
  • Medical instruments for surgeons, dentists, vets fell 16.07 percent compared to last year to $69.04 million.
  • Cell phones, related equipment rose 63.87 percent compared to last year to $60.78 million.

Looking more closely at U.S. imports from Denmark:

  • Medicines in individual dosages rose 28.53 percent compared to last year to $3.2 billion.
  • Gasoline, other fuels rose 105.62 percent compared to last year to $206.09 million.
  • Enzymes rose 23.7 percent compared to last year to $175.72 million.
  • Orthopedic appliances, artificial body parts fell 49.57 percent compared to last year to $147.7 million.
  • Misc. engines and motors, parts rose 25.34 percent compared to last year to $131.93 million.

In the latest annual figures available, Denmark recorded $9.91 billion in trade with the United States. At year’s end, its were Detroit; Chicago; New York City; New Orleans; and Houston. Total U.S. exports to Denmark were $ 2.22 billion and imports from Denmark were $7.69 billion. The U.S. deficit with Denmark was $5.48 billion.