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Faroe Islands

Faroe Islands Trade Stats

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Definitions

  • Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Exports to US: in US dollars. Jan 2003 - March 2003
  • Exports to US > Per $ GDP: in US dollars. Jan 2003 - March 2003 Per $ GDP figures expressed per $100 of Gross Domestic Product.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Imports from US: In US dollars. Jan 2003 - March 2003
  • Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
  • With US > US > Exports of chemicals-other: US exports of chemicals-other, USD Thousands, 2004
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STAT AMOUNT DATE RANK HISTORY
Exports $848.00 million 2008 2nd out of 8
Exports > Goods 683.54 million 2003 133th out of 159
Exports > Per $ GDP $0.42 per $1 of GDP 2001 5th out of 30
Exports > Per capita $17,424.18 per capita 2008 2nd out of 8
Exports to US $3.60 million 2003 148th out of 224
Exports to US > Per $ GDP $0.36 per $100 2003 95th out of 213
Imports $983.00 million 2008 4th out of 8
Imports from US $4.10 million 2003 168th out of 224
Imports of goods > Services and income > BoP > Current US$ 906.72 million BoP $ 2003 134th out of 153
With US > US > Exports of chemicals-other 7,571 2004 63th out of 206

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; US Census Bureau; World Development Indicators database; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau

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Citation

Faroe Islands Economy > Trade Profiles (Subcategories)

Exports 21 With US 73
Imports 16

Faroe Islands categories

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