Denmark Exports Fall In July

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Denmark’s exports and imports declined in July, figures from Statistics Denmark showed on Tuesday.

Exports excluding ships, aircraft and fuel fell a seasonally adjusted 2.4 percent year-on-year in July, after a 3.5 percent rise in June.

Shipments to the EU decreased 2.9 percent, led by a 6.9 percent slump in demand from Germany. Exports to the UK grew 3.4 percent.

Imports decreased 1.8 percent annually in July, after a 5.7 percent increase in the preceding month.

The trade surplus excluding ships, aircraft and fuel was a seasonally adjusted DKK 7.1 billion in July.

The total trade balance registered a surplus of DKK 6.4 billion in July.

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