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Denmark

Denmark ranked No. 40 in total trade value through August with a total of $8.63 billion. Exports totaled $1.92 billion and Imports totaled $6.7 billion, a deficit of $4.78 billion.

January – August 2019

Top Trading Ports

Total Trade: $8.63 billion

RankPortTotal YTD
1Chicago O’Hare International Airport $2,814,775,488
2Detroit Ambassador Bridge, Mich. $1,105,679,644
3Port of Newark $594,765,030
4Port of Houston $531,782,664
5Port of Virginia $492,622,699
6Port of New Orleans $328,524,954
7Dulles International Airport, Washington D.C., Va. $254,920,289
8John F. Kennedy International Airport $221,287,839
9Cleveland’s Hopkins International Airport, Ohio $183,923,202
10Port of Beaumont, Texas $165,108,425

U.S. trade with Denmark rose to $8.63 billion through August

Denmark’s trade with the United States rose to $8.63 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 15.44 percent above its total trade during the same time period last year. U.S. exports to Denmark increased 15.73 percent while U.S. imports from Denmark rose 15.36 percent. The U.S. deficit with Denmark was $4.78 billion.

Through August, 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 Houston; and No. 5 Port of Virginia. During the same period the previous year, the top five 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. In the current time period, the top five accounted for 64.22 percent of Denmark’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 66.91 percent to $2.81 billion.
    Exports rose 25.97 percent to $102.32 million. Imports rose 68.98 percent to $2.71 billion.
  • Trade with No. 2 Detroit Ambassador Bridge, Mich. fell 15.64 percent to $1.11 billion.
    Exports fell 49.37 percent to $2.35 million. Imports fell 15.52 percent to $1.1 billion.
  • Trade with No. 3 Port of Newark fell 9.57 percent to $594.77 million.
    Exports rose 12.2 percent to $116.6 million. Imports fell 13.66 percent to $478.17 million.
  • Trade with No. 4 Port of Houston rose 43.91 percent to $531.78 million.
    Exports rose 374.74 percent to $241.06 million. Imports fell 8.79 percent to $290.72 million.
  • Trade with No. 5 Port of Virginia rose 18.13 percent to $492.62 million.
    Exports fell 4.2 percent to $136.51 million. Imports rose 29.73 percent to $356.11 million.

Denmark ranked No. 40 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 44.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Denmark by value through August were the categories of Oil; Plasma, vaccines, blood; Medical instruments for surgeons, dentists, vets; Low value shipments; and Medicines not in individual dosages, respectively. They accounted for 33.75 percent of total exports to Denmark.

The value of the top five categories of U.S. imports from Denmark –– Medicines in individual dosages; Plasma, vaccines, blood; Misc. engines and motors, parts; Enzymes; and Insulin, hormones and steroids –– accounted for 59.58 percent of all inbound shipments.

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

  • Oil rose 78.1 percent compared to last year to $329.77 million.
  • Plasma, vaccines, blood rose 523.09 percent compared to last year to $97.51 million.
  • Medical instruments for surgeons, dentists, vets rose 45.42 percent compared to last year to $75.37 million.
  • Low value shipments rose 19.06 percent compared to last year to $75.08 million.
  • Medicines not in individual dosages rose 14.9 percent compared to last year to $71.78 million.

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

  • Medicines in individual dosages rose 29.02 percent compared to last year to $3.33 billion.
  • Plasma, vaccines, blood rose 210.19 percent compared to last year to $283.89 million.
  • Misc. engines and motors, parts rose 15.15 percent compared to last year to $133.96 million.
  • Enzymes fell 6.81 percent compared to last year to $129.76 million.
  • Insulin, hormones and steroids rose 35.6 percent compared to last year to $116.61 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.