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Exports climb again after the slump during the decommissioning

Exports of goods abroad rose for the second month in a row thus showing the continued progress after a rærlig april, which was marked by coronakrisen.

Exports rose by 2.2 percent in June, according to figures from Statistics Denmark.

The last three months - april, may and June - shows however, overall a decline of 6.9 percent.

According to Søren V. Kristensen, who is the chief economist at Sydbank, are the figures for June uplifting reading.

- more and More indicators suggest that the economy passed the bottom in april.

- In both may and June it went again forward. It also shows up in exports, which is experiencing a solid increase for the second month in a row. The tribulation is, however, far from over, he says in a comment.

the Same message comes from Kristian Writes, there is seniorøkonom in the organization Dansk Erhverv.

- It is obviously positive that there is progress in exports of goods, but it must also be seen in the light of falling exports of goods in February, march and april.

But overall, goods exports only dropped one percent in the year, and it is a positive surprise, when you look where the big decline has been in the world economy, he says.

at the same time, exports of goods according to the Danish Statistics generally been less affected by the coronanedlukningen compared with the EU in general.

Denmark is, according to Danske Bank among other things, got rid of the big scratches, because Denmark has a large medicinalsektor, as in a lesser degree have been affected by the shutdown.

It is the opposite of a country like Germany, which has a large automotive industry, which is the pressure of the crisis.

- Compared to so many other countries of the Danish exports performed well through the coronakrisen, and it is mainly due to the composition of the with few cars and much medicine, said Las Olsen, chief economist at Danske Bank.

- It has probably also helped, that the Danish production is continued during the crisis, while many other places have been closed down - also in the industry, he says in a written comment.

There are also published figures for exports of services - which, however, is on a quarterly basis.

Here is the exports backed with 16.1 percent in the second quarter. It covers, in particular, that has been shipped fewer goods to the sea - for example, on container ships - as world trade has been hit during the coronanedlukningen.

the Maritime transport constitutes around half of total exports of services in Denmark. In addition, there has been a massive decline in travel and air transport.

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