Faeroe Islands Trade Summary

2009 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): 762
No. Of products: 328
No. Of partners: 64
Importsmore »
Imports (in US$ Mil): 783
No. Of products: 3,408
No. Of partners: 184

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets185,348.42
Fresh or chilled Pac ...148,377.12
Fishing vessels and ...42,216.69
Fish fillets, dried, ...33,568.91
Fresh or chilled fis ...25,408.82
Imports (US$ Thousands)
Petroleum oils, etc, ...121,629.09
Fishing vessels and ...50,647.16
Cargo vessels nes an ...41,147.70
Other medicaments of ...18,894.80
Products of fish, et ...14,361.78

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom132 17.32
Denmark84 11.00
France82 10.80
Germany66 8.64
Norway62 8.19
Exporter Trade (US$ Mil) Partner share(%)
Denmark238 30.37
Norway142 18.12
Chile52 6.59
Germany48 6.10
Sweden47 6.04

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials580 76.10 52 6.67 ...
Intermediate goods57 7.52 104 13.26 ...
Consumer goods78 10.21 411 52.43 ...
Capital goods47 6.18 210 26.75 ...

Trade Indicators

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HH Market concentration index: 0.12
Index of export market penetration: 1.46
World Growth: -12.27
Country Growth: -15.79

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$): 2,257
GNI per capita, Atlas method (current US$):
Trade Balance (% of GDP): -7.03
Trade Balance (current US$ Mil): -159.00
Trade in services (% of GDP): 22.71
Trade (% of GDP): 89.83