Faroe Islands Imports 1998-2021

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Faroe Islands imports for 2019 was $1.57B, a 0.09% decline from 2018.
  • Faroe Islands imports for 2018 was $1.58B, a 10.43% increase from 2017.
  • Faroe Islands imports for 2017 was $1.43B, a 14.03% increase from 2016.
  • Faroe Islands imports for 2016 was $1.25B, a 1.36% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $3,125.22B
Germany $1,586.78B
United Kingdom $914.86B
France $889.36B
Japan $880.23B
Netherlands $661.22B
Hong Kong $639.35B
South Korea $610.10B
Canada $583.64B
Italy $569.64B
Singapore $552.69B
Ireland $453.47B
Spain $444.29B
Belgium $432.98B
Switzerland $392.80B
Poland $302.87B
Australia $301.65B
UAE $288.40B
Austria $232.35B
Sweden $231.15B
Saudi Arabia $218.94B
Denmark $178.45B
Czech Republic $171.40B
Norway $140.78B
Hungary $129.94B
Luxembourg $122.84B
Israel $108.32B
Finland $106.57B
Portugal $103.38B
Slovak Republic $96.72B
Greece $85.70B
Chile $80.61B
Argentina $67.65B
Qatar $66.77B
Kuwait $61.14B
New Zealand $56.68B
Slovenia $40.78B
Lithuania $39.46B
Croatia $31.72B
Panama $29.00B
Oman $28.78B
Bahrain $25.21B
Estonia $21.68B
Latvia $20.79B
Malta $19.53B
Cyprus $18.20B
Macao $17.35B
Uruguay $13.38B
Iceland $9.76B
Brunei $6.81B
Bahamas $4.98B
Guam $3.57B
San Marino $2.32B
Barbados $2.17B
Bermuda $1.92B
Faroe Islands $1.57B
Seychelles $1.51B
Antigua and Barbuda $1.16B
Northern Mariana Islands $0.73B
Faroe Islands Imports - Historical Data
Year Billions of US $ % of GDP
2019 $1.57B 50.37%
2018 $1.58B 51.65%
2017 $1.43B 49.23%
2016 $1.25B 45.70%
2015 $1.27B 50.39%
2014 $1.46B 51.37%
2013 $1.50B 56.98%
2012 $1.48B 62.62%
2011 $1.34B 53.89%
2010 $1.10B 47.34%
2009 $1.09B 47.86%
2008 $1.33B 54.58%
2007 $1.34B 58.38%
2006 $1.03B 51.68%
2005 $0.91B 52.59%
2004 $0.77B 45.59%
2003 $0.87B 58.21%
2002 $0.61B 48.36%
2001 $0.58B 50.93%
2000 $0.61B 57.73%
1999 $0.56B 49.95%
1998 $0.46B 41.80%