Faeroe Islands Trade Summary

2000 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): 477
No. Of products: 129
No. Of partners: 40
Importsmore »
Imports (in US$ Mil): 533
No. Of products: 3,636
No. Of partners: 137

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets129,834.01
Fresh or chilled Pac ...71,310.81
Cod salted or in bri ...32,184.88
Fishing vessels and ...31,669.27
Fish fillets, dried, ...30,013.05
Imports (US$ Thousands)
Fishing vessels and ...76,789.14
Other preparations o ...32,235.51
Warships, lifeboats, ...12,337.10
Frozen cod (excl. li ...9,988.57
Automobiles with die ...6,462.81

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark115 24.10
United Kingdom95 20.01
Spain40 8.49
France37 7.80
United States37 7.79
Exporter Trade (US$ Mil) Partner share(%)
Norway152 28.56
Denmark130 24.35
Germany34 6.37
United Kingdom28 5.20
Vanuatu26 4.80

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials328 68.80 32 6.06 ...
Intermediate goods54 11.22 47 8.88 ...
Consumer goods63 13.25 183 34.43 ...
Capital goods32 6.69 193 36.28 ...

Trade Indicators

more »
HH Market concentration index: 0.20
Index of export market penetration: 1.50
World Growth: 7.43
Country Growth: 0.09

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): 1,062
GNI per capita, Atlas method (current US$):
Trade Balance (% of GDP): -7.86
Trade Balance (current US$ Mil): -84.00
Trade in services (% of GDP): 14.23
Trade (% of GDP): 107.20