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Faeroe Islands Trade

Latest trade data available from various sources.
Faeroe Islands monthly trade data
Faeroe Islands quarterly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Faeroe Islands

Overall Exports and Imports for Faeroe Islands 2009

  • The total value of exports (FOB) is US$ 762 million.
  • The total value of imports (CIF) is US$ 783 million.
  • At the HS6 digit level, 328 products are exported to 64 countries and 3,408 products are imported from 184 countries.

Top 5 Products exports imports at HS 6 digit level 2009

The top five exported HS 6 digit level products to world by Faeroe Islands along with trade value are:

  • Faeroe Islands exported Frozen fish fillets , worth US$ 185,348.42 million.
  • Faeroe Islands exported Fresh or chilled Pacific, Atlantic and Danube s , worth US$ 148,377.12 million.
  • Faeroe Islands exported Fishing vessels and factory ships , worth US$ 42,216.69 million.
  • Faeroe Islands exported Fish fillets, dried, salted or in brine, but no , worth US$ 33,568.91 million.
  • Faeroe Islands exported Fresh or chilled fish, nes , worth US$ 25,408.82 million.

The top five imported HS 6 digit level products from world by Faeroe Islands along with trade value are

  • Faeroe Islands imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 121,629.09 million.
  • Faeroe Islands imported Fishing vessels and factory ships , worth US$ 50,647.16 million.
  • Faeroe Islands imported Cargo vessels nes and other vessels for the tra , worth US$ 41,147.70 million.
  • Faeroe Islands imported Other medicaments of mixed or unmixed products, , worth US$ 18,894.80 million.
  • Faeroe Islands imported Products of fish, etc; dead animals of Chapter , worth US$ 14,361.78 million.

Faeroe Islands top 5 Export and Import partners 2009

The top five countries to which Faeroe Islands exported 2009 along with the partner share in percentage are:

  1. Faeroe Islands exports to United Kingdom worth US$ 132 million, with a partner share of 17.32 percent.
  2. Faeroe Islands exports to Denmark worth US$ 84 million, with a partner share of 11.00 percent.
  3. Faeroe Islands exports to France worth US$ 82 million, with a partner share of 10.80 percent.
  4. Faeroe Islands exports to Germany worth US$ 66 million, with a partner share of 8.64 percent.
  5. Faeroe Islands exports to Norway worth US$ 62 million, with a partner share of 8.19 percent.

The top five countries to which Faeroe Islands imported goods 2009 along with the share in percentage are

  1. Faeroe Islands imports from Denmark worth US$ 238 million, with a partner share of 30.37 percent.
  2. Faeroe Islands imports from Norway worth US$ 142 million, with a partner share of 18.12 percent.
  3. Faeroe Islands imports from Chile worth US$ 52 million, with a partner share of 6.59 percent.
  4. Faeroe Islands imports from Germany worth US$ 48 million, with a partner share of 6.10 percent.
  5. Faeroe Islands imports from Sweden worth US$ 47 million, with a partner share of 6.04 percent.

Faeroe Islands Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs

Tariffs imposed by Faeroe Islands in  are below.

  • The maximum rate of tariff in percentage on any product is not available.
  • The simple average tariff across all products is not available.
  • The trade weighted average tariff is not available.
  • The total duty free imports in thousands of US dollars are not available and duty free tariff line items share is not available.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Faeroe Islands World Development Indicators (WDI) 2019

Key Development Indicators of Faeroe Islands in 2019 are below

WDI

Faeroe Islands Doing Business

  • The ease of doing business rank for Faeroe Islands is not available.
  • The trade across border rank is not available.
Doing Business

Faeroe Islands Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

Faeroe IslandsLogistics Performance Index (LPI)

  • The LPI score for Faeroe Islands in is not available.
  • The LPI rank is not available.
LPI

Faeroe Islands Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Faeroe Islands is not available.
SPRD