Faroe Islands's exports rose from US$367M in 1995 to US$2.21B in 2024.
Faroe Islands · Trade
Exports, imports, balances, openness and composition.
21 indicators · 17 with data
Faroe Islands's imports rose from US$315M in 1995 to US$2.07B in 2024.
Faroe Islands's merchandise exports (current us$) rose from US$416M in 1996 to US$2.06B in 2025.
Faroe Islands's merchandise imports (current us$) rose from US$370M in 1996 to US$1.67B in 2025.
Faroe Islands's services exports rose from US$51M in 1998 to US$207M in 2011.
Faroe Islands's trade balance rose from US$51.9M in 1995 to US$136M in 2024.
Faroe Islands's current account balance (us$) fell from US$224M in 1998 to US$194M in 2011.
Latest values — expand for the charts.
- Exports of goods and services (% of GDP)down −2.6 pts42nd of 172
- Imports of goods and services (% of GDP)down −4.9 pts71st of 172
- Trade opennessdown −7.6 pts55th of 172
Latest values — expand for the charts.
- Current accountup +1.6 pts25th of 192*
Latest values — expand for the charts.
- High-tech exportsdown −4.2 pts114th of 131*
Latest values — expand for the charts.
- Fuel exports (% of merchandise exports)up +0.7 pts96th of 165*
- Food exports (% of merchandise exports)up +8.9 pts4th of 170*
- Manufactures exports (% of merchandise exports)down −8.4 pts143rd of 168*
- Ores and metals exports (% of merchandise exports)down −0.1 pts156th of 170*
Latest values — expand for the charts.
- Net barter terms of trade indexdown −2.1 pts104th of 203
›No data available (4)
These indicators exist in the registry but no source reports a value for Faroe Islands.
- FDI inflowsNo data
- TariffsNo data
- FDI outflowsNo data
- Logistics performance index, overallNo data