Faeroe Islands Trade Summary

1997 Data

Faeroe Islands exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Faeroe Islands

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 384
No. Of products: 138
No. Of partners: 34
Importsmore »
Imports (in US$ Mil): 350
No. Of products: 3,671
No. Of partners: 107

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets84,645.06
Fresh or chilled Pac ...46,991.98
Fish fillets, dried, ...24,666.54
Frozen shrimps and p ...20,711.52
Fresh or chilled fis ...16,794.67
Imports (US$ Thousands)
Petroleum oils, etc, ...37,534.90
Other preparations o ...25,554.79
Fishing vessels and ...17,028.39
Products of fish, et ...6,308.82
Other medicaments of ...5,207.92

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark116 30.20
United Kingdom101 26.35
Germany31 7.99
France26 6.79
Norway25 6.59
Exporter Trade (US$ Mil) Partner share(%)
Denmark107 30.49
Norway65 18.57
Germany28 8.03
Iceland26 7.30
United Kingdom23 6.50

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials285 74.22 30 8.62 ...
Intermediate goods34 8.82 36 10.35 ...
Consumer goods52 13.50 194 55.46 ...
Capital goods13 3.45 78 22.39 ...

Trade Indicators

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HH Market concentration index: 0.26
Index of export market penetration: 1.67
World Growth: 3.05
Country Growth: -0.06

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$):
GNI per capita, Atlas method (current US$): ...
Trade Balance (% of GDP): ...
Trade Balance (current US$ Mil): ...
Trade in services (% of GDP): ...
Trade (% of GDP): ...