Trade in goods with USA SITC (Standard International Trade Classification)
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Denmark trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export0.30.30.20.20.2
Import0.70.60.50.50.4
Trade in Goods0.50.50.40.40.3

USA's foreign trade with Denmark, exports to Denmark and imports from Denmark in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Denmark was USA's 37. largest foreign trade partner. Rise from the previous month 2 places. Most of the value of trade between the countries consists of the import to USA. $1.1 billion worth of trade was 16.8 per cent lower than in Juli of the previous year. In Juli the trade balance with Denmark was $606 million in deficit for United States of America.

The value of imports from Denmark decreased by 19.2 per cent compared to in Juli of the previous year, thus amounting to $850 million in Juli 2020. Major product categories of imports from Denmark were Sitc542 (medicaments (including veterinary medicaments)), representing 49.7 percent of imports, Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 5.6 % and Sitc718 (power-generating machinery and parts thereof, n.e.s.) 3.6 % of the imports.

The value of exports to Denmark declined by 7.4 per cent compared to in Juli of the previous year, thus amounting to $244 million in Juli 2020. The largest product groups of exports were: Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542), which represented a share of 11.6 per cent of total exports, Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) 8.5 % and Sitc411 (animal oils and fats) 8.3 % of the exports.

Development during January-Juli 2020

During January-Juli, the value of goods between the two countries rose to $8.8 billion. Growth compared to the corresponding period of the previous year was 16.7 percent. During January-Juli the value of imports was $6.9 billion. The export value was $1.9 billion. Compared to the corresponding period of the previous year, the value of imports increased by 17.7% and the value of exports by 13.0%. The largest value in imports was in Sitc542 (medicaments (including veterinary medicaments)), worth $3.7 billion. In export the largest value had Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth being $455 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $5.0 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $4.2 billion.


Table: USA's export to Denmark (DK) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 7,8 2.3 6,8 2.6 5,7 2.7 6,8 3.4 8,8 3.6
02. Dairy products and birds' eggs 0,2 0.0 0,4 0.1 0,8 0.4 0,9 0.4 0,5 0.2
03. Fish and fish preparations 0,5 0.1 1,2 0.4 0,4 0.1 0,7 0.3 2,2 0.9
05. Vegetables and fruit 4,2 1.2 2,7 1.0 1,10 0.9 3,1 1.5 3,6 1.4
08. Feeding stuff for animals 1,2 0.3 1,3 0.5 1,1 0.5 1,2 0.6 1,1 0.4
09. Miscellaneous edible products and preparations 1,2 0.3 0,9 0.3 1,3 0.6 0,8 0.4 1,3 0.5
1. Beverages and tobacco 6,0 1.7 3,10 1.5 4,10 2.3 3,6 1.8 5,6 2.3
11. Beverages 5,8 1.7 3,10 1.5 4,10 2.3 3,5 1.8 5,2 2.1
2. Crude materials,inedible,except fuels 9,3 2.7 15,4 5.9 13,3 6.3 13,3 6.7 6,8 2.8
21. Hides,skins,furskins,raw 5,5 1.6 13,1 5.1 8,7 4.1 10,2 5.1 3,1 1.2
24. Cork and wood 0,9 0.3 0,7 0.2 0,10 0.4 0,7 0.3 0,4 0.1
25. Pulp and waste paper 0,10 0.3 0,5 0.2 1,2 0.5 0,7 0.3 1,0 0.4
29. Crude animal,vegetable materials n.e.s. 1,2 0.3 0,6 0.2 1,8 0.8 1,1 0.6 1,9 0.8
3. Mineral fuels etc 105,10 30.7 99,6 38.6 37,10 17.9 0,10 0.5 20,9 8.5
33. Petroleum and products 105,9 30.6 99,6 38.6 37,10 17.9 0,10 0.5 20,9 8.5
4. Animal and vegetable oils and fats 14,7 4.2 0,1 0.0 0,1 0.0 0,1 0.0 20,5 8.4
41. Animal oils and fats 14,7 4.2 0,1 0.0 0,1 0.0 0,1 0.0 20,4 8.3
5. Chemicals and related products,n.e.s. 63,4 18.3 34,8 13.5 55,4 26.2 68,5 34.5 67,8 27.7
51. Organic chemicals 16,0 4.6 10,8 4.2 13,2 6.2 14,4 7.2 19,1 7.8
52. Inorganic chemicals 1,9 0.5 3,10 1.5 2,7 1.2 1,7 0.8 1,1 0.4
53. Dyeing,tanning and colouring material 0,10 0.3 0,9 0.3 0,4 0.2 0,3 0.1 0,6 0.2
54. Medicinal and pharmaceutical products 31,9 9.2 10,8 4.2 28,3 13.4 41,8 21.1 36,5 14.9
55. Perfume,cleaning etc.preparations 3,6 1.0 1,3 0.5 2,5 1.1 2,7 1.3 2,6 1.1
57. Plastics in primary forms 1,3 0.4 0,9 0.3 0,8 0.3 0,9 0.4 0,5 0.2
58. Plastics in non-primary forms 1,7 0.5 1,10 0.7 2,5 1.2 1,4 0.7 1,6 0.6
59. Chemical materials and products,n.e.s. 6,5 1.9 4,5 1.7 5,4 2.5 5,8 2.9 6,1 2.5
6. Basic manufactures 13,4 3.9 10,8 4.2 15,8 7.4 18,8 9.4 9,7 4.0
62. Rubber manufactures,n.e.s. 0,10 0.3 0,7 0.2 0,4 0.1 0,4 0.2 0,6 0.2
65. Textile yarn,fabrics,made up articles,etc. 0,9 0.2 1,1 0.4 0,7 0.3 0,7 0.3 1,1 0.4
66. Non-metallic mineral manufactures,n.e.s. 4,6 1.3 5,3 2.0 4,8 2.2 7,2 3.6 3,3 1.3
67. Iron and steel 0,7 0.2 0,6 0.2 1,2 0.5 0,7 0.3 0,7 0.3
68. Non-ferrous metals 0,8 0.2 0,5 0.2 0,7 0.3 0,7 0.3 0,6 0.2
69. Manufactures of metals,n.e.s. 5,0 1.4 2,3 0.9 7,9 3.7 8,7 4.4 3,2 1.3
7. Machinery,transport equipment 69,4 20.1 45,3 17.5 44,1 20.8 50,1 25.2 61,8 25.3
71. Power generating machinery and equipment 2,3 0.7 1,8 0.7 1,7 0.8 1,3 0.6 1,7 0.7
72. Machinery for specialized industries 11,8 3.4 8,7 3.4 6,3 2.9 7,2 3.6 9,8 4.0
74. General industrial machinery n.e.s. 10,8 3.1 7,2 2.8 12,5 5.9 10,7 5.3 8,3 3.4
75. Office machines and adp machines 4,3 1.2 3,0 1.2 3,1 1.5 5,7 2.8 8,6 3.5
76. Telecommunications and sound recording equipment 10,2 2.9 5,7 2.2 5,2 2.4 5,6 2.8 7,7 3.1
77. Electric machinery,n.e.s.and parts 20,7 6.0 14,7 5.7 11,0 5.2 14,9 7.5 15,10 6.5
78. Road vehicles 2,4 0.7 1,6 0.6 1,6 0.7 2,0 1.0 4,5 1.8
79. Other transport equipment 7,0 2.0 2,9 1.1 2,8 1.3 2,9 1.4 5,4 2.2
8. Miscellaneous manufactured articles 33,3 9.6 22,2 8.6 23,2 10.9 24,2 12.2 27,7 11.3
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,8 0.2 0,3 0.1 0,3 0.1 0,5 0.2 0,8 0.3
82. Furniture and parts thereof 1,0 0.3 0,4 0.1 0,3 0.1 0,5 0.2 0,2 0.1
87. Instruments and apparates n.e.s. 14,3 4.1 14,3 5.5 16,3 7.7 14,9 7.5 16,9 6.9
88. Photographic equipment,optical goods etc. 0,6 0.2 0,5 0.2 0,7 0.3 1,1 0.5 0,6 0.2
89. Miscellaneous manufactured articles,n.e.s. 16,2 4.7 6,5 2.5 5,5 2.6 6,10 3.5 8,10 3.7
9. Goods not classified elsewhere 22,7 6.5 19,8 7.7 11,6 5.5 12,5 6.3 15,0 6.1
93. Special transactions and commodities not classified 8,10 2.6 9,8 3.8 3,4 1.6 4,10 2.5 5,7 2.3
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 13,7 4.0 10,0 3.9 8,2 3.9 7,6 3.8 9,4 3.8
0-9. All groups combined 345,6 100.0 258,3 100.0 211,6 100.0 198,3 100.0 244,3 100.0

Source: US Census Bureau

Table: Import from Denmark (DK) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 34,10 2.5 34,1 3.6 29,7 3.4 37,6 3.9 41,2 4.8
01. Meat and meat preparations 10,5 0.8 10,4 1.1 5,9 0.7 12,2 1.3 12,8 1.5
02. Dairy products and birds' eggs 4,0 0.3 5,3 0.6 3,9 0.4 2,9 0.3 2,9 0.3
03. Fish and fish preparations 6,3 0.4 3,1 0.3 3,5 0.4 5,0 0.5 4,2 0.5
04. Cereals and cereal preparations 0,4 0.0 0,3 0.0 1,3 0.1 2,8 0.3 8,6 1.0
05. Vegetables and fruit 0,4 0.0 0,3 0.0 0,6 0.1 0,4 0.0 0,7 0.1
07. Coffee,tea,cocoa,spices 0,5 0.0 0,5 0.0 0,2 0.0 2,3 0.2 2,5 0.3
08. Feeding stuff for animals 1,0 0.1 0,9 0.1 0,9 0.1 1,2 0.1 0,6 0.1
09. Miscellaneous edible products and preparations 12,1 0.9 13,6 1.4 13,3 1.5 10,9 1.1 9,0 1.1
1. Beverages and tobacco 1,3 0.1 1,5 0.2 1,7 0.2 1,5 0.1 2,1 0.2
11. Beverages 1,2 0.1 0,9 0.1 0,9 0.1 0,8 0.1 1,3 0.1
12. Tobacco and tobacco manufactures 0,2 0.0 0,7 0.1 0,9 0.1 0,8 0.1 0,9 0.1
2. Crude materials,inedible,except fuels 10,9 0.8 9,4 1.0 10,8 1.2 6,8 0.7 6,3 0.7
23. Crude rubber (incl.synthetic) 0,3 0.0 0,4 0.0 0,6 0.1 0,1 0.0 0,2 0.0
24. Cork and wood 0,6 0.0 0,2 0.0 0,2 0.0 0,4 0.0 0,5 0.0
29. Crude animal,vegetable materials n.e.s. 9,5 0.7 8,5 0.9 9,10 1.1 6,2 0.6 5,5 0.6
3. Mineral fuels etc 4,3 0.3 2,4 0.2 4,8 0.5 8,3 0.9 2,8 0.3
33. Petroleum and products 4,3 0.3 2,4 0.2 4,8 0.5 8,2 0.8 2,8 0.3
4. Animal and vegetable oils and fats 0,2 0.0 0,1 0.0 1,4 0.1 0,3 0.0 1,2 0.1
42. Fixed vegetable fats and oils 0,1 0.0 0,1 0.0 1,3 0.1 0,3 0.0 1,2 0.1
5. Chemicals and related products,n.e.s. 915,3 66.0 659,7 69.1 595,9 67.4 586,7 60.9 512,2 60.2
51. Organic chemicals 35,9 2.6 25,0 2.6 25,1 2.8 22,4 2.3 20,6 2.4
52. Inorganic chemicals 1,2 0.1 1,1 0.1 1,3 0.1 1,1 0.1 2,3 0.3
53. Dyeing,tanning and colouring material 1,4 0.1 0,9 0.1 1,3 0.1 1,8 0.2 0,10 0.1
54. Medicinal and pharmaceutical products 855,4 61.7 611,0 64.0 547,5 61.9 541,7 56.3 469,8 55.3
55. Perfume,cleaning etc.preparations 0,10 0.1 1,3 0.1 0,10 0.1 0,9 0.1 1,2 0.1
57. Plastics in primary forms 2,1 0.1 1,2 0.1 1,10 0.2 1,3 0.1 1,0 0.1
58. Plastics in non-primary forms 4,2 0.3 3,6 0.4 3,1 0.3 4,7 0.5 3,4 0.4
59. Chemical materials and products,n.e.s. 14,5 1.0 15,10 1.7 14,10 1.7 13,2 1.4 13,2 1.5
6. Basic manufactures 33,8 2.4 27,8 2.9 21,10 2.5 31,7 3.3 21,9 2.6
62. Rubber manufactures,n.e.s. 1,8 0.1 1,5 0.2 1,7 0.2 1,7 0.2 1,4 0.2
63. Wood and cork manufactures 1,5 0.1 1,7 0.2 0,9 0.1 0,7 0.1 0,9 0.1
64. Paper,paperboard and articles thereof 2,3 0.2 3,2 0.3 2,3 0.3 5,3 0.5 2,4 0.3
65. Textile yarn,fabrics,made up articles,etc. 4,8 0.3 4,1 0.4 3,3 0.4 3,9 0.4 3,4 0.4
66. Non-metallic mineral manufactures,n.e.s. 6,3 0.4 2,1 0.2 1,6 0.2 5,0 0.5 1,1 0.1
67. Iron and steel 0,5 0.0 1,4 0.1 0,4 0.0 0,6 0.1 0,9 0.1
69. Manufactures of metals,n.e.s. 16,4 1.2 13,6 1.4 11,5 1.3 14,1 1.5 11,7 1.4
7. Machinery,transport equipment 226,4 16.3 145,6 15.3 155,10 17.6 216,8 22.5 177,5 20.9
71. Power generating machinery and equipment 42,1 3.0 19,4 2.0 35,2 4.0 90,7 9.4 47,5 5.6
72. Machinery for specialized industries 41,10 3.0 22,4 2.3 16,9 1.9 25,4 2.6 26,1 3.1
73. Metal working machinery 1,0 0.1 2,6 0.3 0,6 0.1 2,2 0.2 0,10 0.1
74. General industrial machinery n.e.s. 66,3 4.8 49,5 5.2 45,3 5.1 45,9 4.8 42,2 5.0
75. Office machines and adp machines 2,4 0.2 1,8 0.2 4,3 0.5 3,7 0.4 3,7 0.4
76. Telecommunications and sound recording equipment 11,5 0.8 9,1 0.9 10,9 1.2 12,3 1.3 15,5 1.8
77. Electric machinery,n.e.s.and parts 32,5 2.3 25,7 2.7 25,2 2.8 26,7 2.8 28,4 3.3
78. Road vehicles 18,2 1.3 8,6 0.9 9,8 1.1 5,1 0.5 4,4 0.5
79. Other transport equipment 10,7 0.8 6,10 0.7 8,1 0.9 5,2 0.5 8,10 1.0
8. Miscellaneous manufactured articles 81,0 5.8 57,2 6.0 54,0 6.1 61,7 6.4 75,8 8.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1,2 0.1 0,8 0.1 0,9 0.1 0,8 0.1 0,9 0.1
82. Furniture and parts thereof 15,10 1.1 8,9 0.9 8,5 1.0 8,6 0.9 7,1 0.8
87. Instruments and apparates n.e.s. 27,8 2.0 22,0 2.3 24,9 2.8 24,7 2.6 28,6 3.4
88. Photographic equipment,optical goods etc. 5,8 0.4 4,2 0.4 4,5 0.5 5,8 0.6 5,5 0.6
89. Miscellaneous manufactured articles,n.e.s. 30,2 2.2 21,3 2.2 15,2 1.7 21,7 2.2 33,5 3.9
9. Goods not classified elsewhere 78,9 5.7 16,9 1.8 8,5 1.0 11,7 1.2 9,9 1.2
93. Special transactions and commodities not classified 72,7 5.2 12,1 1.3 3,8 0.4 6,5 0.7 4,3 0.5
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 6,2 0.4 4,9 0.5 4,8 0.5 5,2 0.5 5,6 0.7
0-9. All groups combined 1.386,8 100.0 954,3 100.0 884,3 100.0 962,5 100.0 850,3 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

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