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Denmark

Denmark ranked No. 41 in total trade value through February with a total of $1.97 billion. Exports totaled $438.23 million and Imports totaled $1.53 billion, a deficit of $1.09 billion.

January – February 2019

Top Trading Ports

Total Trade: $1.97 billion

RankPortTotal YTD
1Chicago O’Hare International Airport $720,880,575
2Detroit Ambassador Bridge, Mich. $174,122,353
3Port of Newark $158,603,592
4Port of Virginia $107,152,289
5Port of New Orleans $89,516,474
6Port of Houston $74,339,484
7John F. Kennedy International Airport $51,706,746
8Los Angeles International Airport $47,667,467
9Cleveland’s Hopkins International Airport, Ohio $43,155,346
10Dulles International Airport, Washington D.C., Va. $37,902,577

U.S. trade with Denmark rose to $1.97 billion through February

Denmark’s trade with the United States rose to $1.97 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 11.75 percent above its total trade during the same time period last year. Denmark’s exports increased 15.34 percent while imports rose 10.76 percent. The U.S. deficit with Denmark was $1.09 billion.

Through February, 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 New Orleans. 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 New Orleans. In the current time period, the top five accounted for 63.46 percent of Denmark’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 86.77 percent to $720.88 million.
    Exports rose 85.74 percent to $31.31 million. Imports rose 86.82 percent to $689.57 million.
  • Trade with No. 2 Detroit Ambassador Bridge, Mich. fell 52.74 percent to $174.12 million.
    Exports fell 49.32 percent to $644,992. Imports fell 52.76 percent to $173.48 million.
  • Trade with No. 3 Port of Newark fell 6.41 percent to $158.6 million.
    Exports rose 81.39 percent to $49.45 million. Imports fell 23.25 percent to $109.15 million.
  • Trade with No. 4 Port of Virginia rose 24.99 percent to $107.15 million.
    Exports fell 12.53 percent to $24.68 million. Imports rose 43.41 percent to $82.47 million.
  • Trade with No. 5 Port of New Orleans rose 33.29 percent to $89.52 million.
    Exports rose 93.8 percent to $31.14 million. Imports rose 14.27 percent to $58.38 million.

Denmark ranked No. 41 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 46.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Denmark by value through February were the categories of Oil; Fuel wood in logs, chips; Medicines not in individual dosages; Low value shipments; and Misc. medical chemical re-agents, respectively. They accounted for 23.45 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; Insulin, hormones and steroids; Enzymes; and Sutures, dental cements, etc. –– accounted for 58.68 percent of all inbound shipments.

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

  • Oil rose 15.05 percent compared to last year to $34.1 million.
  • Fuel wood in logs, chips fell 14.47 percent compared to last year to $20.21 million.
  • Medicines not in individual dosages rose 75.39 percent compared to last year to $17.72 million.
  • Low value shipments rose 17.66 percent compared to last year to $16.8 million.
  • Misc. medical chemical re-agents rose 153.18 percent compared to last year to $13.93 million.

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

  • Medicines in individual dosages rose 20.56 percent compared to last year to $789.61 million.
  • Plasma, vaccines, blood rose 39.04 percent compared to last year to $30.96 million.
  • Insulin, hormones and steroids rose 60.47 percent compared to last year to $27.91 million.
  • Enzymes fell 26.9 percent compared to last year to $26.24 million.
  • Sutures, dental cements, etc. rose 50.03 percent compared to last year to $24.3 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.