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Pair · Q2 2026 · Aug 2025–Jul 2026

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

Finance to trade

positions ÷ goods, both directions
Finance to trade–positions ÷ goods, both directions
Financial positions, both directions0.8USD bn
Goods, both directions–Below the backbone of 1,500 flows

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.

SinceRussia → DenmarkDenmark → Russiaother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnnot reported011Bank claims · quarterly · USD bnQ2 2026 · – / 0.0011Portfolio holdings · half-yearly · USD bnJun 2023 · 0.0 / 0.0035Direct investment · annual · USD bn2024 · 1.0 / 0.8012Finance to trade · quarterly, positions both ways ÷ goods both waysnot reported0.0×1.0×2.0×20062008201020122014201620182020202220242026
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 Russia → Denmark

Aug 2025–Jul 2026

exports of Russia to Denmark, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
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 Denmark → Russia

Aug 2025–Jul 2026

exports of Denmark to Russia, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
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.

Russia → Denmark

Q2 2026

loans and deposits of banks in Russia 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 → Russia

Q2 2026

loans and deposits of banks in Denmark on residents of Russia

Position0.0USD bn
Flow in the quarter0.0USD bnas published by the BIS
Sources

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

Russia → Denmark

Q4 2025

securities issued in Denmark held by investors in Russia

Total–Not reported
Equity–
Debt securities–
Sources

Holder to issuer, Q4 2025.

Denmark → Russia

Q4 2025

securities issued in Russia held by investors in Denmark

Total0.0USD bn
Equity–
Debt securities0.0USD bn
Sources

Holder to issuer, Q4 2025.

Russia → Denmark

2024

position of investors in Russia in Denmark

Position–Not reported
Report–
Sources

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

Denmark → Russia

2024

position of investors in Denmark in Russia

Position0.8USD bn
Reportthe investor’s
Sources

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