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Financial News: Denmark Exports Fall In April

Denmark Exports Fall In April

06/09/2020 - 03:24:00 (RTTNews)

(RTTNews) - Denmark's exports and imports declined in April due to the coronavirus outbreak, figures from Statistics Denmark showed on Tuesday.

Exports excluding ships, aircraft, fuel fell a seasonally adjusted 5.8 percent year-on-year to $52.9 billion in April. This was the lowest since May 2018. Exports had fallen 4.8 percent in March.

Imports decreased 8.7 percent annually in April, following a 2.8 percent fall in the preceding month.

The trade surplus excluding ships, aircraft, fuel totaled a seasonally adjusted DKK 9.4 billion in April. For the three months ended April, exports declined 5.3 percent and imports fell 4.4 percent from the last year.

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