Faeroe Islands Trade Summary

1996 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): 422
No. Of products: 103
No. Of partners: 32
Importsmore »
Imports (in US$ Mil): 370
No. Of products: 3,664
No. Of partners: 112

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets87,765.85
Fresh or chilled Pac ...42,711.30
Frozen shrimps and p ...27,508.89
Cod salted or in bri ...22,804.08
Fresh or chilled cod ...22,192.94
Imports (US$ Thousands)
Petroleum oils, etc, ...42,940.00
Other preparations o ...25,054.89
Products of fish, et ...8,310.01
Fishing vessels and ...8,030.42
Automobiles with rec ...6,796.24

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark130 30.82
United Kingdom101 23.82
Germany36 8.62
Norway30 7.13
France29 6.88
Exporter Trade (US$ Mil) Partner share(%)
Denmark122 33.04
Norway65 17.63
Germany34 9.29
United Kingdom31 8.40
Sweden20 5.35

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials298 70.46 33 8.93 ...
Intermediate goods49 11.65 37 10.05 ...
Consumer goods55 13.09 208 56.08 ...
Capital goods20 4.80 79 21.45 ...

Trade Indicators

more »
HH Market concentration index: 0.29
Index of export market penetration: 1.75
World Growth: 3.55
Country Growth: 7.33

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):