Faroe Islands Exports 1960-2024
Exports of goods and services represent the value of all goods and other market services provided to 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 exports for 2022 was $2.22B, a 15.38% increase from 2021.
- Faroe Islands exports for 2021 was $1.92B, a 23.93% increase from 2020.
- Faroe Islands exports for 2020 was $1.55B, a 14.82% decline from 2019.
- Faroe Islands exports for 2019 was $1.82B, a 8.17% increase from 2018.
| Faroe Islands Exports - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$2.22B |
62.40% |
| 2021 |
$1.92B |
52.61% |
| 2020 |
$1.55B |
47.57% |
| 2019 |
$1.82B |
55.77% |
| 2018 |
$1.68B |
52.82% |
| 2017 |
$1.68B |
56.37% |
| 2016 |
$1.53B |
54.54% |
| 2015 |
$1.37B |
53.22% |
| 2014 |
$1.56B |
53.41% |
| 2013 |
$1.49B |
55.44% |
| 2012 |
$1.28B |
52.56% |
| 2011 |
$1.31B |
52.43% |
| 2010 |
$1.09B |
46.72% |
| 2009 |
$1.00B |
43.66% |
| 2008 |
$1.14B |
45.97% |
| 2007 |
$0.99B |
42.13% |
| 2006 |
$0.84B |
41.80% |
| 2005 |
$0.74B |
42.05% |
| 2004 |
$0.75B |
43.70% |
| 2003 |
$0.70B |
46.77% |
| 2002 |
$0.63B |
49.06% |
| 2001 |
$0.60B |
51.56% |
| 2000 |
$0.55B |
51.34% |
| 1999 |
$0.55B |
48.76% |
| 1998 |
$0.52B |
46.65% |
| 1997 |
$0.46B |
48.74% |
| 1996 |
$0.49B |
49.84% |
| 1995 |
$0.37B |
40.73% |
| 1994 |
$0.33B |
43.58% |
| 1993 |
$0.33B |
43.80% |
| 1992 |
$0.44B |
48.39% |
| 1991 |
$0.44B |
48.37% |
| 1990 |
$0.42B |
43.83% |
| 1989 |
$0.35B |
40.19% |
| 1988 |
$0.35B |
36.46% |
| 1987 |
$0.35B |
39.83% |
| 1986 |
$0.25B |
36.47% |
| 1985 |
$0.18B |
39.88% |
| 1984 |
$0.16B |
38.08% |
| 1983 |
$0.17B |
35.14% |
| 1982 |
$0.15B |
33.68% |
| 1981 |
$0.17B |
36.50% |
| 1980 |
$0.18B |
36.24% |
| 1979 |
$0.15B |
33.61% |
| 1978 |
$0.14B |
35.32% |
| 1977 |
$0.14B |
41.29% |
| 1976 |
$0.10B |
38.62% |
| 1975 |
$0.08B |
35.51% |
| 1974 |
$0.08B |
40.52% |
| 1973 |
$0.08B |
48.33% |
| 1972 |
$0.05B |
38.84% |
| 1971 |
$0.04B |
37.87% |
| 1970 |
$0.03B |
39.40% |
| 1969 |
$0.02B |
34.65% |
| 1968 |
$0.02B |
31.52% |
| 1967 |
$0.03B |
38.53% |
| 1966 |
$0.02B |
32.35% |
| 1965 |
$0.02B |
41.92% |
| 1964 |
$0.00B |
36.67% |
| 1963 |
$0.00B |
41.65% |
| 1962 |
$0.00B |
46.48% |
| 1961 |
$0.00B |
0.00% |
| 1960 |
$0.00B |
0.00% |
