FOREX TradingCharts.com

Financial News: Denmark Trade Surplus Grows In May

Denmark Trade Surplus Grows In May

07/11/2022 - 04:29:00 (RTTNews)

(RTTNews) - Denmark's foreign trade surplus increased in May, as exports grew much faster than imports, figures from Statistics Denmark showed on Monday.

The total trade surplus rose to DKK 21.2 billion in May from DKK 15.1 billion in April.

Exports were 4.9 percent higher in May compared to April, while imports increased by only 0.9 percent.

The goods trade balance turned to a surplus of DKK 2.1 billion in May from a deficit of DKK 2.1 billion in April. Goods exports grew 5.9 percent and imports rose 0.4 percent.

The surplus in the services trade advanced to DKK 19.0 billion in May from DKK 17.2 billion in the previous month. Both exports and imports climbed by 3.9 percent and 1.7 percent, respectively.

Data also showed that the current account surplus rose to DKK 26.7 billion in May from DKK 20.6 billion in the previous month.

The service trade logged the largest contribution to the surplus on the balance on payments in May. The growth in service trade surplus was largely driven by more exports of maritime transport.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


RBA Minutes On Tap For Tuesday (03 hr(s), 39 min(s), 15 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary po ...Full Story»

Swiss Producer And Import Price Inflation Slows In July (09 hr(s), 09 min(s), 15 sec(s) ago)
(RTTNews) - Switzerland's producer and import prices increased at a softer pace in July, data ...Full Story»

U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August (10 hr(s), 56 min(s), 15 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Monday unexpectedly ...Full Story»

New York Manufacturing Index Unexpectedly Indicates Contraction In August (11 hr(s), 40 min(s), 15 sec(s) ago)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story»

Slovakia Inflation Rises Slightly In July (12 hr(s), 42 min(s), 15 sec(s) ago)
(RTTNews) - Slovakia's consumer price inflation accelerated marginally in July, but remained a ...Full Story»

New York Manufacturing Index Unexpectedly Turns Negative In August (12 hr(s), 58 min(s), 15 sec(s) ago)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story»

Norway Trade Surplus Rises In July (13 hr(s), 11 min(s), 15 sec(s) ago)
(RTTNews) - Norway's trade surplus expanded in July compared to the previous year as exports i ...Full Story»

Ireland Trade Surplus Falls In June (13 hr(s), 30 min(s), 15 sec(s) ago)
(RTTNews) - Ireland's trade surplus decreased in June from a year ago, as imports grew more ra ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

RBA Minutes On Tap For Tuesday

08/15/2022 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary po ...Full Story>>

Swiss Producer And Import Price Inflation Slows In July

08/15/2022 - 12:30 PM (RTTNews)
(RTTNews) - Switzerland's producer and import prices increased at a softer pace in July, data ...Full Story>>

U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August

08/15/2022 - 10:43 AM (RTTNews)
(RTTNews) - A report released by the National Association of Home Builders on Monday unexpectedly ...Full Story>>

New York Manufacturing Index Unexpectedly Indicates Contraction In August

08/15/2022 - 09:59 AM (RTTNews)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story>>

Slovakia Inflation Rises Slightly In July

08/15/2022 - 08:57 AM (RTTNews)
(RTTNews) - Slovakia's consumer price inflation accelerated marginally in July, but remained a ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.