Danish exports to the USA increased in 2025 despite tariffs and falling dollar exchange rate
Danish exports to the USA reached a record high of 375 billion kroner in 2025, showing a significant increase despite tariffs and a declining dollar exchange rate.
In 2025, Danish exports to the United States rose to a record 375 billion kroner, a 14 billion kroner increase from the previous year, despite the imposition of tariffs and a decrease in the dollar's value. According to data from Statistics Denmark, this growth was primarily fueled by an increase in the sale of goods produced by Danish companies and sold overseas, which offset a decline in service exports, particularly in maritime transport.
Chief economist Las Olsen from Danske Bank noted the seemingly paradoxical nature of this increase, given that Danish goods faced tariffs in the U.S. and the falling dollar exchange rate meant that Danish exporters received fewer kroner for their sales in U.S. dollars. Nonetheless, the continued growth in U.S. consumer spending and investments contributed to a sustained demand for Danish products, indicating that the American market remained resilient even in the face of these challenges.
This record-breaking export performance underscores the strong relationship between Denmark and the U.S., highlighting the adaptability of Danish businesses in navigating tariff-related hurdles. The increase in goods exported points to Denmark's competitive advantages in certain sectors, while the drop in service exports could signal potential vulnerabilities that need to be addressed as the global economic landscape continues to evolve.