U.S. Imports of Goods by Customs Basis from Denmark
IMP4099 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,549.30
Year-over-Year Change
60.18%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of U.S. imports of goods from Denmark on a customs basis. It is a key indicator of trade flows and economic activity between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from Denmark tracks the monetary value of physical goods imported from Denmark to the United States. This data is used by economists and policymakers to analyze trade dynamics, balance of payments, and the health of international commercial relationships.
Methodology
The data is collected by the U.S. Census Bureau based on customs declarations and import documentation.
Historical Context
This economic indicator provides insight into the U.S. trade balance and commercial ties with Denmark, which is relevant for trade policy analysis.
Key Facts
- Denmark is the 36th largest source of U.S. imports.
- U.S. imports from Denmark peaked at $2.7 billion in 2018.
- Machinery and pharmaceutical products are major U.S. imports from Denmark.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods imported from Denmark to the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into trade flows and the commercial relationship between the U.S. and Denmark, which is useful for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations and import documentation.
Q: How is this trend used in economic policy?
A: This indicator informs trade policy and negotiations by providing visibility into the balance of trade and commercial ties between the two countries.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Denmark (IMP4099), retrieved from FRED.