Faeroe Islands Trade Summary

2001 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): 522
No. Of products: 103
No. Of partners: 42
Importsmore »
Imports (in US$ Mil): 500
No. Of products: 3,633
No. Of partners: 158

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets117,403.20
Fresh or chilled Pac ...73,517.37
Cod salted or in bri ...41,353.20
Fish fillets, dried, ...33,279.50
Frozen shrimps and p ...23,740.95
Imports (US$ Thousands)
Other preparations o ...38,767.26
Fishing vessels and ...17,141.40
Mach for the ind pre ...16,306.14
Automobiles with rec ...8,311.42
Products of fish, et ...6,988.06

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark133 25.55
United Kingdom95 18.28
Spain61 11.71
France51 9.81
Norway44 8.53
Exporter Trade (US$ Mil) Partner share(%)
Denmark147 29.49
Norway116 23.16
Germany40 7.93
Iceland32 6.43
Sweden30 5.96

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials368 70.54 31 6.15 ...
Intermediate goods71 13.70 55 10.95 ...
Consumer goods75 14.39 202 40.49 ...
Capital goods7 1.37 140 28.01 ...

Trade Indicators

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HH Market concentration index: 0.18
Index of export market penetration: 1.50
World Growth: -1.74
Country Growth: 12.48

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$): 1,155
GNI per capita, Atlas method (current US$):
Trade Balance (% of GDP): -1.27
Trade Balance (current US$ Mil): -15.00
Trade in services (% of GDP): 14.04
Trade (% of GDP): 99.96