Imports of goods
 16. Nov 2022
A new record high for imports

Total imports in the first 9 months of this year amounted to DKK 9.3 billion, which is a record.

The DKK 9.3 billion in imports from January to September 2022 is a 39% increase on the same period last year. Excluding imports of ships and aircraft, this increase stands at 25%. This figure is a slight drop from last month’s 27%.

The recent oil price hikes are clearly reflected in the import figures. Imports of fuel increased by DKK 717 million (72.5%) compared to the first 9 months of 2021. The purchase price of gas oils has been relatively stable in the past few months, while the price of petrol has dropped slightly since June.

Excluding fuel and ships from these figures, the biggest increase in import value was in ‘raw materials for other industries, which went up by DKK 408 million (29%).

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Imports from Russia amounted to DKK 665,000 in September 2022. These imports predominantly consisted of construction materials.

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All tables (Statbank)