Denmark recorded a strong export performance in September 2025, with total exports of goods and services increasing by 3.4% to DKK 181.7 billion, according to seasonally adjusted figures from Statistics Denmark. In contrast, total imports declined by 1.1% to DKK 148.2 billion, helping to widen the nation's current account surplus to DKK 38.4 billion, up DKK 9.2 billion from August.
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Over the past three months, exports have grown by 4.0%, while imports have fallen by 0.8%, reflecting Denmark's continued trade strength amid shifting global conditions.
Exports to the United States surge
A key driver of September's export growth was increased trade with the United States. Exports to the U.S. rose sharply to DKK 31.8 billion, an increase of DKK 2.9 billion from August. Exports of goods alone climbed DKK 3.0 billion to DKK 22.9 billion, while exports of services remained stable at DKK 8.9 billion.
Goods and property income support surplus
The overall improvement in Denmark's external balance was underpinned by a higher surplus on goods and property income. The trade in goods surplus increased by DKK 7.4 billion, driven by gains in both cross-border trade and goods not crossing the Danish border, such as merchanting and processing activities.
Meanwhile, the surplus on property income rose by DKK 2.1 billion, reflecting stronger earnings from Danish investments abroad.
Upward revisions and solid fundamentals
Revisions to earlier months further reinforced the positive trend: the current account surplus for January–August 2025 was adjusted upward by DKK 3.3 billion, primarily due to updated company data.
For the year to date, total revenues on current items reached DKK 1,865.6 billion, while expenses amounted to DKK 1,597.5 billion, confirming Denmark's position as one of Europe's most robust trade economies.
More information:
Statistics Denmark
www.statistikbanken.dk
