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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Denmark and China, each channel at its own period. Left, Denmark to China; right, China to Denmark.

Finance to trade

positions ÷ goods, both directions
Finance to trade0.7×positions ÷ goods, both directions
Financial positions, both directions12.6USD bn
Goods, both directions18.7USD bn

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceDenmark → ChinaChina → Denmarkother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnJul 2026 · 8.1 / 10.601020Bank claims · quarterly · USD bnQ2 2026 · 0.1 / –012Portfolio holdings · half-yearly · USD bnDec 2025 · 4.6 / 1.2035Direct investment · annual · USD bn2024 · 6.4 / 0.30510Finance to trade · quarterly, positions both ways ÷ goods both waysQ2 2026 · 0.7×0.0×1.0×2.0×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Denmark → China

Aug 2025–Jul 2026

exports of Denmark to China, 12 months

Exports, 12 months8.1USD bnspliced
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods China → Denmark

Aug 2025–Jul 2026

exports of China to Denmark, 12 months

Exports, 12 months10.6USD bnreported
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Denmark → China

Q2 2026

loans and deposits of banks in Denmark on residents of China

Position0.1USD bn
Flow in the quarter−0.7USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

China → Denmark

Q2 2026

loans and deposits of banks in China on residents of Denmark

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Denmark → China

Q4 2025

securities issued in China held by investors in Denmark

Total4.6USD bn
Equity4.5USD bn
Debt securities0.1USD bn
Sources

Holder to issuer, Q4 2025.

China → Denmark

Q4 2025

securities issued in Denmark held by investors in China

Total1.2USD bn
Equity0.8USD bn
Debt securities0.5USD bn
Sources

Holder to issuer, Q4 2025.

Denmark → China

2024

position of investors in Denmark in China

Position6.4USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

China → Denmark

2024

position of investors in China in Denmark

Position0.3USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.