Faroe Islands Trade Balance 1998-2021
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Faroe Islands trade balance for 2015 was $0.02B, a 4731.55% decline from 2014.
- Faroe Islands trade balance for 2014 was $-0.00B, a 99.51% decline from 2013.
- Faroe Islands trade balance for 2013 was $-0.09B, a 62.64% decline from 2012.
- Faroe Islands trade balance for 2012 was $-0.24B, a 196.08% increase from 2011.
| Similar Country Ranking | |
|---|---|
| Country Name | Billions of US $ |
| Germany | $254.13B |
| South Korea | $100.36B |
| UAE | $94.98B |
| Singapore | $84.08B |
| Ireland | $83.93B |
| Switzerland | $79.55B |
| Netherlands | $57.40B |
| Italy | $55.33B |
| Spain | $36.34B |
| Qatar | $33.02B |
| Puerto Rico | $26.40B |
| Norway | $22.16B |
| Denmark | $20.55B |
| Luxembourg | $19.65B |
| Sweden | $19.24B |
| Macao | $17.77B |
| Poland | $14.77B |
| Austria | $14.32B |
| Czech Republic | $11.21B |
| Kuwait | $10.12B |
| Hungary | $9.95B |
| Israel | $9.08B |
| Hong Kong | $7.39B |
| Belgium | $6.55B |
| Bahrain | $3.50B |
| Slovenia | $3.45B |
| Slovak Republic | $2.72B |
| Oman | $2.30B |
| Brunei | $1.88B |
| New Zealand | $1.83B |
| Portugal | $1.47B |
| Iceland | $1.24B |
| San Marino | $1.06B |
| Malta | $1.03B |
| Estonia | $0.90B |
| Cyprus | $0.52B |
| Croatia | $0.11B |
| Greece | $0.10B |
| Faroe Islands | $0.02B |
| St. Kitts and Nevis | $0.00B |
| Aruba | $-0.02B |
| Palau | $-0.05B |
| Antigua and Barbuda | $-0.07B |
| Seychelles | $-0.07B |
| Barbados | $-0.08B |
| Northern Mariana Islands | $-0.13B |
| Uruguay | $-0.20B |
| Greenland | $-0.20B |
| Virgin Islands (U.S.) | $-0.23B |
| Latvia | $-0.25B |
| Bahamas | $-0.33B |
| Lithuania | $-0.41B |
| Chile | $-0.54B |
| Finland | $-1.33B |
| Guam | $-1.99B |
| Panama | $-2.47B |
| Argentina | $-6.39B |
| France | $-13.81B |
| Japan | $-18.39B |
| Australia | $-20.61B |
| Saudi Arabia | $-35.54B |
| Canada | $-38.36B |
| United Kingdom | $-40.42B |
| United States | $-519.85B |
| Faroe Islands Trade Balance - Historical Data | ||
|---|---|---|
| Year | Billions of US $ | % of GDP |
| 2015 | $0.02B | 0.82% |
| 2014 | $-0.00B | -0.02% |
| 2013 | $-0.09B | -3.46% |
| 2012 | $-0.24B | -10.27% |
| 2011 | $-0.08B | -3.29% |
| 2010 | $-0.07B | -2.99% |
| 2009 | $-0.14B | -6.34% |
| 2008 | $-0.21B | -8.71% |
| 2007 | $-0.38B | -16.47% |
| 2006 | $-0.20B | -10.10% |
| 2005 | $-0.17B | -10.01% |
| 2004 | $-0.06B | -3.83% |
| 2003 | $-0.20B | -13.52% |
| 2002 | $-0.01B | -1.02% |
| 2001 | $-0.01B | -1.28% |
| 2000 | $-0.08B | -7.89% |
| 1999 | $-0.03B | -3.08% |
| 1998 | $0.03B | 2.39% |
