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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Balance of Trade climbed to 32.8K in April 2026
FMPMonthlyReleased June 2026
Denmark Balance of Trade climbed to 32.8K in April 2026, released June 2026, up 1.4K from March's 31.4K reading. The print exceeded the 29.9K consensus by 2.9K. The print is running well above the 12-month average of 29.17K. Over the past 3 months, Balance of Trade averaged 29.07K, vs 32.05K in the prior 3-month window. The reading is in the 69th percentile of the trailing 24-month range.
Latest Release
32.8
Actual
29.9
Consensus
31.4
Previous
Median Absolute Error
±7.22 thousand
across last 12 releases
Last Call
Jun 2026
Predicted: 33.7
Actual: 32.8
Error: +0.9
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.54 | INDEX | Bullish S&P 500 | → View |
| DAX | ▲ Direct | +0.40 | INDEX | Bullish DAX | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Bullish XAU | → View |
| Euro STOXX 50 | ▲ Direct | +0.39 | INDEX | Bullish Euro STOXX 50 | → View |
| FTSE 100 | ▲ Direct | +0.38 | INDEX | Bullish FTSE 100 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Balance of Trade (Denmark) was reported at 33 thousand in June 2026. This beat the market consensus of 30 thousand by 3 thousand. The reading rose from the previous value of 31 thousand. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 29 thousand, ranging from 22 thousand to 35 thousand across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 33 thousand, up from the prior three at 31 thousand. Volatility over the past year (σ 4 thousand) is lower than the prior year (σ 8 thousand). In June readings over the past 3 years, Balance of Trade has averaged 31 thousand.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with DAX, positively correlated (Bullish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 7 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for July 9, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Balance of Trade - DK
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About Balance of Trade — Denmark
DEFINITION
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 32.8 K, consensus 29.9 K. Prior reading (Mar 2026): 33.8 K. Before that (Feb 2026): 22.2 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.54) — a useful reference for index-focused traders.