Trade in goods with USA SITC (Standard International Trade Classification)
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Denmark trade flows with USA by SITC*) product sections during 2020/4 - 2020/8

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


Share of USA's2020/4
%
2020/5
%
2020/6
%
2020/7
%
2020/8
%
Export0.30.20.20.20.2
Import0.60.50.50.40.5
Trade in Goods0.50.40.40.30.4

USA's foreign trade with Denmark, exports to Denmark and imports from Denmark in August 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 August Denmark was USA's 36. largest foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $1.2 billion was 9.0 per cent bigger than in August of the previous year. In August the trade balance with Denmark was $671 million in deficit for United States of America.

The value of imports from Denmark was 14.8 per cent higher than in August of the previous year, thus amounting to $917 million. More than half of the value of imports was in Sitc542 (medicaments (including veterinary medicaments)) representing a share of 50.1 per cent. The second major category of imports was Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542), corresponding to the share of 9.7 per cent of imports.

The value of exports to Denmark declined by 8.3 per cent compared to in August of the previous year, thus amounting to $247 million in August 2020. The largest product groups of exports were: Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), which represented a share of 24.7 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 9.0 % and Sitc542 (medicaments (including veterinary medicaments)) 7.4 % of the exports.

Development during January-August 2020

During January-August, the value of goods between the two countries rose to $10.0 billion. Growth compared to the corresponding period of the previous year was 15.7 percent. During January-August the value of imports was $7.8 billion. The export value was $2.2 billion. Compared to the corresponding period of the previous year, the value of imports increased by 17.4% and the value of exports by 10.1%. The largest value in imports was in Sitc542 (medicaments (including veterinary medicaments)), worth $4.2 billion. In export the largest value had Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth being $515 million. From USA's point of view, the trade balance between the countries in January-August remained in deficit. The trade deficit was $5.7 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $4.7 billion.


Table: USA's export to Denmark (DK) during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 6.8 2.6 5.7 2.7 6.8 3.4 8.8 3.6 9.3 3.8
02. Dairy products and birds' eggs 0.4 0.1 0.8 0.4 0.9 0.4 0.5 0.2 0.2 0.1
03. Fish and fish preparations 1.2 0.4 0.4 0.1 0.7 0.3 2.2 0.9 3.5 1.4
05. Vegetables and fruit 2.7 1.0 1.10 0.9 3.1 1.5 3.6 1.4 3.6 1.4
08. Feeding stuff for animals 1.3 0.5 1.1 0.5 1.2 0.6 1.1 0.4 0.9 0.3
09. Miscellaneous edible products and preparations 0.9 0.3 1.3 0.6 0.8 0.4 1.3 0.5 0.7 0.3
1. Beverages and tobacco 3.10 1.5 4.10 2.3 3.6 1.8 5.6 2.3 4.3 1.7
11. Beverages 3.10 1.5 4.10 2.3 3.5 1.8 5.2 2.1 4.3 1.7
2. Crude materials,inedible,except fuels 15.4 5.9 13.3 6.3 13.3 6.7 6.8 2.8 13.5 5.5
21. Hides,skins,furskins,raw 13.1 5.1 8.7 4.1 10.2 5.1 3.1 1.2 0 0.0
24. Cork and wood 0.7 0.2 0.10 0.4 0.7 0.3 0.4 0.1 9.1 3.7
25. Pulp and waste paper 0.5 0.2 1.2 0.5 0.7 0.3 1.0 0.4 1.7 0.7
26. Textile fibres and their wastes 0.1 0.0 0.3 0.1 0.4 0.2 0.3 0.1 0.7 0.2
28. Metalliferous ores and metal scrap 0.4 0.1 0.3 0.1 0.3 0.1 0.3 0.1 0.7 0.2
29. Crude animal,vegetable materials n.e.s. 0.6 0.2 1.8 0.8 1.1 0.6 1.9 0.8 1.5 0.6
3. Mineral fuels etc 99.6 38.6 37.10 17.9 0.10 0.5 20.9 8.5 62.1 25.2
33. Petroleum and products 99.6 38.6 37.10 17.9 0.10 0.5 20.9 8.5 62.1 25.2
4. Animal and vegetable oils and fats 0.1 0.0 0.1 0.0 0.1 0.0 20.5 8.4 0.2 0.0
41. Animal oils and fats 0.1 0.0 0.1 0.0 0.1 0.0 20.4 8.3 0.2 0.0
5. Chemicals and related products,n.e.s. 34.8 13.5 55.4 26.2 68.5 34.5 67.8 27.7 43.1 17.5
51. Organic chemicals 10.8 4.2 13.2 6.2 14.4 7.2 19.1 7.8 13.1 5.3
52. Inorganic chemicals 3.10 1.5 2.7 1.2 1.7 0.8 1.1 0.4 0.10 0.4
53. Dyeing,tanning and colouring material 0.9 0.3 0.4 0.2 0.3 0.1 0.6 0.2 0.6 0.2
54. Medicinal and pharmaceutical products 10.8 4.2 28.3 13.4 41.8 21.1 36.5 14.9 20.4 8.3
55. Perfume,cleaning etc.preparations 1.3 0.5 2.5 1.1 2.7 1.3 2.6 1.1 2.1 0.8
57. Plastics in primary forms 0.9 0.3 0.8 0.3 0.9 0.4 0.5 0.2 0.5 0.2
58. Plastics in non-primary forms 1.10 0.7 2.5 1.2 1.4 0.7 1.6 0.6 1.3 0.5
59. Chemical materials and products,n.e.s. 4.5 1.7 5.4 2.5 5.8 2.9 6.1 2.5 4.5 1.8
6. Basic manufactures 10.8 4.2 15.8 7.4 18.8 9.4 9.7 4.0 9.7 3.9
62. Rubber manufactures,n.e.s. 0.7 0.2 0.4 0.1 0.4 0.2 0.6 0.2 0.5 0.2
65. Textile yarn,fabrics,made up articles,etc. 1.1 0.4 0.7 0.3 0.7 0.3 1.1 0.4 0.9 0.3
66. Non-metallic mineral manufactures,n.e.s. 5.3 2.0 4.8 2.2 7.2 3.6 3.3 1.3 3.8 1.5
67. Iron and steel 0.6 0.2 1.2 0.5 0.7 0.3 0.7 0.3 1.1 0.4
68. Non-ferrous metals 0.5 0.2 0.7 0.3 0.7 0.3 0.6 0.2 0.3 0.1
69. Manufactures of metals,n.e.s. 2.3 0.9 7.9 3.7 8.7 4.4 3.2 1.3 2.10 1.2
7. Machinery,transport equipment 45.3 17.5 44.1 20.8 50.1 25.2 61.8 25.3 63.3 25.6
71. Power generating machinery and equipment 1.8 0.7 1.7 0.8 1.3 0.6 1.7 0.7 1.4 0.5
72. Machinery for specialized industries 8.7 3.4 6.3 2.9 7.2 3.6 9.8 4.0 6.1 2.4
74. General industrial machinery n.e.s. 7.2 2.8 12.5 5.9 10.7 5.3 8.3 3.4 7.5 3.0
75. Office machines and adp machines 3.0 1.2 3.1 1.5 5.7 2.8 8.6 3.5 6.1 2.5
76. Telecommunications and sound recording equipment 5.7 2.2 5.2 2.4 5.6 2.8 7.7 3.1 5.2 2.1
77. Electric machinery,n.e.s.and parts 14.7 5.7 11.0 5.2 14.9 7.5 15.10 6.5 10.0 4.0
78. Road vehicles 1.6 0.6 1.6 0.7 2.0 1.0 4.5 1.8 4.9 2.0
79. Other transport equipment 2.9 1.1 2.8 1.3 2.9 1.4 5.4 2.2 22.3 9.0
8. Miscellaneous manufactured articles 22.2 8.6 23.2 10.9 24.2 12.2 27.7 11.3 30.5 12.4
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.3 0.1 0.3 0.1 0.5 0.2 0.8 0.3 0.5 0.2
82. Furniture and parts thereof 0.4 0.1 0.3 0.1 0.5 0.2 0.2 0.1 0.6 0.2
84. Articles of apparel and clothing accessories 0.2 0.0 0.2 0.1 0.3 0.1 0.2 0.1 0.6 0.2
87. Instruments and apparates n.e.s. 14.3 5.5 16.3 7.7 14.9 7.5 16.9 6.9 13.8 5.6
88. Photographic equipment,optical goods etc. 0.5 0.2 0.7 0.3 1.1 0.5 0.6 0.2 0.5 0.2
89. Miscellaneous manufactured articles,n.e.s. 6.5 2.5 5.5 2.6 6.10 3.5 8.10 3.7 14.8 6.0
9. Goods not classified elsewhere 19.8 7.7 11.6 5.5 12.5 6.3 15.0 6.1 11.0 4.5
93. Special transactions and commodities not classified 9.8 3.8 3.4 1.6 4.10 2.5 5.7 2.3 1.6 0.6
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 10.0 3.9 8.2 3.9 7.6 3.8 9.4 3.8 9.5 3.8
0-9. All groups combined 258.3 100.0 211.6 100.0 198.3 100.0 244.3 100.0 246.6 100.0

Source: US Census Bureau

Table: Import from Denmark (DK) to USA during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 34.1 3.6 29.7 3.4 37.6 3.9 41.2 4.8 44.2 4.8
01. Meat and meat preparations 10.4 1.1 5.9 0.7 12.2 1.3 12.8 1.5 12.4 1.3
02. Dairy products and birds' eggs 5.3 0.6 3.9 0.4 2.9 0.3 2.9 0.3 2.10 0.3
03. Fish and fish preparations 3.1 0.3 3.5 0.4 5.0 0.5 4.2 0.5 4.8 0.5
04. Cereals and cereal preparations 0.3 0.0 1.3 0.1 2.8 0.3 8.6 1.0 11.6 1.3
05. Vegetables and fruit 0.3 0.0 0.6 0.1 0.4 0.0 0.7 0.1 0.5 0.0
07. Coffee,tea,cocoa,spices 0.5 0.0 0.2 0.0 2.3 0.2 2.5 0.3 1.6 0.2
08. Feeding stuff for animals 0.9 0.1 0.9 0.1 1.2 0.1 0.6 0.1 0.6 0.1
09. Miscellaneous edible products and preparations 13.6 1.4 13.3 1.5 10.9 1.1 9.0 1.1 9.8 1.1
1. Beverages and tobacco 1.5 0.2 1.7 0.2 1.5 0.1 2.1 0.2 1.10 0.2
11. Beverages 0.9 0.1 0.9 0.1 0.8 0.1 1.3 0.1 1.1 0.1
12. Tobacco and tobacco manufactures 0.7 0.1 0.9 0.1 0.8 0.1 0.9 0.1 0.9 0.1
2. Crude materials,inedible,except fuels 9.4 1.0 10.8 1.2 6.8 0.7 6.3 0.7 8.9 1.0
23. Crude rubber (incl.synthetic) 0.4 0.0 0.6 0.1 0.1 0.0 0.2 0.0 0.1 0.0
27. Crude fertilizers and crude minerals 0.3 0.0 0.1 0.0 0.1 0.0 0.2 0.0 0.9 0.1
29. Crude animal,vegetable materials n.e.s. 8.5 0.9 9.10 1.1 6.2 0.6 5.5 0.6 7.5 0.8
3. Mineral fuels etc 2.4 0.2 4.8 0.5 8.3 0.9 2.8 0.3 13.0 1.4
33. Petroleum and products 2.4 0.2 4.8 0.5 8.2 0.8 2.8 0.3 13.0 1.4
4. Animal and vegetable oils and fats 0.1 0.0 1.4 0.1 0.3 0.0 1.2 0.1 0.3 0.0
42. Fixed vegetable fats and oils 0.1 0.0 1.3 0.1 0.3 0.0 1.2 0.1 0.3 0.0
5. Chemicals and related products,n.e.s. 659.7 69.1 595.9 67.4 586.7 60.9 512.2 60.2 607.8 66.2
51. Organic chemicals 25.0 2.6 25.1 2.8 22.4 2.3 20.6 2.4 30.7 3.3
52. Inorganic chemicals 1.1 0.1 1.3 0.1 1.1 0.1 2.3 0.3 1.8 0.2
53. Dyeing,tanning and colouring material 0.9 0.1 1.3 0.1 1.8 0.2 0.10 0.1 0.10 0.1
54. Medicinal and pharmaceutical products 611.0 64.0 547.5 61.9 541.7 56.3 469.8 55.3 549.5 59.9
55. Perfume,cleaning etc.preparations 1.3 0.1 0.10 0.1 0.9 0.1 1.2 0.1 1.2 0.1
57. Plastics in primary forms 1.2 0.1 1.10 0.2 1.3 0.1 1.0 0.1 1.6 0.2
58. Plastics in non-primary forms 3.6 0.4 3.1 0.3 4.7 0.5 3.4 0.4 2.9 0.3
59. Chemical materials and products,n.e.s. 15.10 1.7 14.10 1.7 13.2 1.4 13.2 1.5 19.6 2.1
6. Basic manufactures 27.8 2.9 21.10 2.5 31.7 3.3 21.9 2.6 23.6 2.6
62. Rubber manufactures,n.e.s. 1.5 0.2 1.7 0.2 1.7 0.2 1.4 0.2 1.3 0.1
63. Wood and cork manufactures 1.7 0.2 0.9 0.1 0.7 0.1 0.9 0.1 0.7 0.1
64. Paper,paperboard and articles thereof 3.2 0.3 2.3 0.3 5.3 0.5 2.4 0.3 1.5 0.2
65. Textile yarn,fabrics,made up articles,etc. 4.1 0.4 3.3 0.4 3.9 0.4 3.4 0.4 3.6 0.4
66. Non-metallic mineral manufactures,n.e.s. 2.1 0.2 1.6 0.2 5.0 0.5 1.1 0.1 4.4 0.5
67. Iron and steel 1.4 0.1 0.4 0.0 0.6 0.1 0.9 0.1 0.3 0.0
69. Manufactures of metals,n.e.s. 13.6 1.4 11.5 1.3 14.1 1.5 11.7 1.4 11.6 1.3
7. Machinery,transport equipment 145.6 15.3 155.10 17.6 216.8 22.5 177.5 20.9 137.4 15.0
71. Power generating machinery and equipment 19.4 2.0 35.2 4.0 90.7 9.4 47.5 5.6 19.4 2.1
72. Machinery for specialized industries 22.4 2.3 16.9 1.9 25.4 2.6 26.1 3.1 27.3 3.0
73. Metal working machinery 2.6 0.3 0.6 0.1 2.2 0.2 0.10 0.1 1.8 0.2
74. General industrial machinery n.e.s. 49.5 5.2 45.3 5.1 45.9 4.8 42.2 5.0 40.6 4.4
75. Office machines and adp machines 1.8 0.2 4.3 0.5 3.7 0.4 3.7 0.4 2.4 0.3
76. Telecommunications and sound recording equipment 9.1 0.9 10.9 1.2 12.3 1.3 15.5 1.8 13.1 1.4
77. Electric machinery,n.e.s.and parts 25.7 2.7 25.2 2.8 26.7 2.8 28.4 3.3 21.8 2.4
78. Road vehicles 8.6 0.9 9.8 1.1 5.1 0.5 4.4 0.5 4.7 0.5
79. Other transport equipment 6.10 0.7 8.1 0.9 5.2 0.5 8.10 1.0 6.7 0.7
8. Miscellaneous manufactured articles 57.2 6.0 54.0 6.1 61.7 6.4 75.8 8.9 70.6 7.7
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.8 0.1 0.9 0.1 0.8 0.1 0.9 0.1 0.5 0.1
82. Furniture and parts thereof 8.9 0.9 8.5 1.0 8.6 0.9 7.1 0.8 7.4 0.8
87. Instruments and apparates n.e.s. 22.0 2.3 24.9 2.8 24.7 2.6 28.6 3.4 27.2 3.0
88. Photographic equipment,optical goods etc. 4.2 0.4 4.5 0.5 5.8 0.6 5.5 0.6 6.4 0.7
89. Miscellaneous manufactured articles,n.e.s. 21.3 2.2 15.2 1.7 21.7 2.2 33.5 3.9 28.10 3.2
9. Goods not classified elsewhere 16.9 1.8 8.5 1.0 11.7 1.2 9.9 1.2 10.2 1.1
93. Special transactions and commodities not classified 12.1 1.3 3.8 0.4 6.5 0.7 4.3 0.5 4.7 0.5
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 4.9 0.5 4.8 0.5 5.2 0.5 5.6 0.7 5.5 0.6
0-9. All groups combined 954.3 100.0 884.3 100.0 962.5 100.0 850.3 100.0 917.4 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - August (Sitc)

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