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Denmark

Denmark ranked No. 40 in total trade value through April with a total of $4.04 billion. Exports totaled $927.92 million and Imports totaled $3.11 billion, a deficit of $2.18 billion.

January – April 2019

Top Trading Ports

Total Trade: $4.04 billion

RankPortTotal YTD
1Chicago O’Hare International Airport $1,231,402,824
2Detroit Ambassador Bridge, Mich. $555,737,652
3Port of Newark $305,579,232
4Port of Houston $248,590,542
5Port of Virginia $234,553,912
6Port of New Orleans $161,202,997
7John F. Kennedy International Airport $106,383,581
8Cleveland’s Hopkins International Airport, Ohio $91,178,065
9Dulles International Airport, Washington D.C., Va. $79,448,181
10Los Angeles International Airport $76,941,451

U.S. trade with Denmark rose to $4.04 billion through April

Denmark’s trade with the United States rose to $4.04 billion through the first four months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.85 percent above its total trade during the same time period last year. U.S. exports to Denmark increased 13 percent while U.S. imports from Denmark rose 10.22 percent. The U.S. deficit with Denmark was $2.18 billion.

Through April, 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 63.8 percent of Denmark’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 65.22 percent to $1.23 billion.
    Exports rose 48.31 percent to $56.67 million. Imports rose 66.14 percent to $1.17 billion.
  • Trade with No. 2 Detroit Ambassador Bridge, Mich. fell 24.2 percent to $555.74 million.
    Exports fell 23.48 percent to $1.61 million. Imports fell 24.21 percent to $554.13 million.
  • Trade with No. 3 Port of Newark fell 6.99 percent to $305.58 million.
    Exports rose 47.06 percent to $73.75 million. Imports fell 16.72 percent to $231.83 million.
  • Trade with No. 4 Port of Houston rose 52.82 percent to $248.59 million.
    Exports rose 268.46 percent to $108.48 million. Imports rose 5.17 percent to $140.12 million.
  • Trade with No. 5 Port of Virginia rose 24.24 percent to $234.55 million.
    Exports fell 14.47 percent to $57.15 million. Imports rose 45.45 percent to $177.4 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 $1.35 trillion, up 0.57 percent compared to the same period last year. The nation’s exports climbed 0.58 percent to $543.34 billion; imports climbed 0.56 percent to $807.48 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 $264.14 billion, up compared to the same period of last year when the deficit was $262.72 billion.

The top five U.S. exports to Denmark by value through April were the categories of Oil; Medicines not in individual dosages; Low value shipments; Fuel wood in logs, chips; and Medical instruments for surgeons, dentists, vets, respectively. They accounted for 29.42 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; Misc. engines and motors, parts; and Enzymes –– accounted for 58.45 percent of all inbound shipments.

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

  • Oil rose 52.22 percent compared to last year to $139.92 million.
  • Medicines not in individual dosages rose 24.77 percent compared to last year to $36.9 million.
  • Low value shipments rose 14.97 percent compared to last year to $35.86 million.
  • Fuel wood in logs, chips fell 12.86 percent compared to last year to $31.3 million.
  • Medical instruments for surgeons, dentists, vets rose 4.94 percent compared to last year to $29.02 million.

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

  • Medicines in individual dosages rose 23.88 percent compared to last year to $1.56 billion.
  • Plasma, vaccines, blood rose 23.51 percent compared to last year to $66.95 million.
  • Insulin, hormones and steroids rose 87.69 percent compared to last year to $66.16 million.
  • Misc. engines and motors, parts fell 17.24 percent compared to last year to $59.85 million.
  • Enzymes fell 16.28 percent compared to last year to $59.72 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.