Faeroe Islands Trade Summary

1998 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): 430
No. Of products: 165
No. Of partners: 30
Importsmore »
Imports (in US$ Mil): 378
No. Of products: 3,690
No. Of partners: 109

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets128,522.47
Fresh or chilled Pac ...37,944.27
Fish fillets, dried, ...27,702.80
Frozen shrimps and p ...22,440.29
Cod salted or in bri ...21,049.24
Imports (US$ Thousands)
Other preparations o ...30,719.12
Petroleum oils, etc, ...27,139.28
Fishing vessels and ...14,175.64
Products of fish, et ...9,292.54
Frozen cod (excl. li ...7,770.45

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark130 30.28
United Kingdom107 24.79
Germany42 9.81
France31 7.23
Spain23 5.46
Exporter Trade (US$ Mil) Partner share(%)
Denmark116 30.70
Norway67 17.74
Germany32 8.35
United Kingdom29 7.69
Sweden20 5.30

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials308 71.51 36 9.48 ...
Intermediate goods47 10.97 40 10.66 ...
Consumer goods61 14.10 203 53.59 ...
Capital goods15 3.41 89 23.40 ...

Trade Indicators

more »
HH Market concentration index: 0.22
Index of export market penetration: 1.60
World Growth: -0.47
Country Growth: 1.44

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$ Mil): 1,106
GNI per capita, Atlas method (current US$):
Trade Balance (% of GDP): 2.40
Trade Balance (current US$ Mil): 27.00
Trade in services (% of GDP): 12.82
Trade (% of GDP): 86.17