Countries Faroe Islands Imports From
| Country | Value | Share |
|---|---|---|
Other | $1,129,264,020 | 45.4% |
| $895,408,630 | 36% | |
| $147,285,850 | 5.9% | |
| $58,937,320 | 2.4% | |
| $50,763,440 | 2% | |
| $49,444,160 | 2% | |
| $34,080,410 | 1.4% | |
| $30,316,050 | 1.2% | |
| $18,240,580 | 0.7% | |
| $13,468,310 | 0.5% | |
| $11,414,640 | 0.5% | |
| $6,524,200 | 0.3% | |
| $5,503,890 | 0.2% | |
| $4,149,710 | 0.2% | |
| $4,004,470 | 0.2% | |
| $3,198,040 | 0.1% | |
| $3,104,840 | 0.1% | |
| $2,599,360 | 0.1% | |
| $2,554,610 | 0.1% | |
| $2,423,120 | 0.1% | |
| Total | $2,489,506,140 | |
Geographical Sourcing & Origin AnalysisOrigins
This dataset identifies the primary nations supplying Faroe Islands. In 2024 the total import value reached$2,489,506,140.various origins emerged as the leading supplier, contributing45.4%to the sourcing mix across all 53 origins.
Products Faroe Islands Imports
Product Category BreakdownImports
Classified by HS Codes, these statistics reveal the industrial components commodities entering Faroe Islands. The most significant import category is essential goods representing a 0% share of the 0 major product groups tracked in our database.
Countries Faroe Islands Exports To
| Country | Value | Share |
|---|---|---|
Other | $139,835,950 | 26.8% |
| $104,079,270 | 20% | |
| $91,587,640 | 17.6% | |
| $42,808,200 | 8.2% | |
| $38,732,370 | 7.4% | |
| $33,207,030 | 6.4% | |
| $21,548,040 | 4.1% | |
| $10,356,720 | 2% | |
| $9,703,310 | 1.9% | |
| $9,461,250 | 1.8% | |
| $4,579,000 | 0.9% | |
| $4,407,160 | 0.8% | |
| $3,788,800 | 0.7% | |
| $1,838,340 | 0.4% | |
| $1,642,400 | 0.3% | |
| $1,189,960 | 0.2% | |
| $710,000 | 0.1% | |
| $619,770 | 0.1% | |
| $302,030 | 0.1% | |
| $201,610 | 0% | |
| Total | $521,575,960 | |
Global Destination MarketsTrade Routes
An analysis of Faroe Islands export footprint, which saw a total outbound value of$521,575,960 in 2024.various destinations remains the primary bilateral partner, accounting for26.8% of outbound supply channels.
Products Faroe Islands Exports
Production & Manufacturing OutputExports
Identify Faroe Islands top-performing manufacturing strengths. The dominant export sector is key commodities which contributes0% to the nation's overall output across0 active export sectors.
Faroe Islands Trade Performance Analysis
Economic Indicators & Market Flow • 2024
Based on 2024 trade records,Faroe Islands maintains a robust commercial profile within Europe. The nation's trade architecture is heavily influenced by its export strength toglobal partners, which represents 26.8% of its outbound market share across 57 destinations.
On the supply side, Faroe Islands's industrial and consumer demand is largely met by imports from various origins, which accounts for approximately45.4% of its 53 trade origins. The integration of key commodities into the local economy highlights a strategic dependency on specific global value chains, representing 0% of total imports across 0 commodities.
The primary export for Faroe Islands is goods, which accounts for roughly 0% of overall exports across 0 product categories.
Market Dominance In Imports
45.4%from Partners
Primary Import
HS-----
N/A
Market Dominance In Exports
26.8%to Partners
Primary Export
HS-----
N/A
Bilateral Integration
Faroe Islands integration accounts for $3,011,082,100 annual value.
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