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 2018 was $1.57B, a 9.93% 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.
  • Faroe Islands imports for 2015 was $1.27B, a 13.36% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $3,138.16B
Germany $1,634.02B
United Kingdom $915.53B
France $913.31B
Japan $906.31B
Hong Kong $682.06B
Netherlands $677.67B
South Korea $642.95B
Italy $606.11B
Canada $584.15B
Singapore $557.05B
Spain $461.14B
Belgium $452.66B
Switzerland $380.09B
Ireland $341.29B
Australia $307.22B
Poland $306.50B
UAE $281.54B
Sweden $241.34B
Austria $238.56B
Saudi Arabia $209.59B
Denmark $179.92B
Czech Republic $176.80B
Norway $141.68B
Hungary $127.52B
Luxembourg $124.50B
Finland $109.25B
Israel $108.01B
Portugal $104.15B
Slovak Republic $99.70B
Chile $85.80B
Argentina $85.69B
Greece $79.38B
Qatar $65.81B
Kuwait $61.56B
New Zealand $58.14B
Puerto Rico $46.46B
Slovenia $41.33B
Lithuania $39.43B
Oman $35.30B
Croatia $31.33B
Panama $30.51B
Bahrain $27.05B
Estonia $21.91B
Latvia $21.41B
Malta $18.76B
Cyprus $18.65B
Macao $18.29B
Iceland $11.45B
Uruguay $11.32B
Brunei $5.69B
Bahamas $5.00B
Guam $3.18B
San Marino $2.37B
Barbados $2.02B
Bermuda $1.87B
Faroe Islands $1.57B
Seychelles $1.56B
Greenland $1.37B
Sint Maarten (Dutch part) $1.24B
Antigua and Barbuda $1.12B
Northern Mariana Islands $0.73B
Palau $0.22B
Faroe Islands Imports - Historical Data
Year Billions of US $ % of GDP
2018 $1.57B 50.33%
2017 $1.43B 49.13%
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%