Faroe Islands - Merchandise exports

Merchandise exports to economies in the Arab World (% of total merchandise exports)

Merchandise exports to economies in the Arab World (% of total merchandise exports) in Faroe Islands was 0.102 as of 2020. Its highest value over the past 31 years was 0.192 in 2014, while its lowest value was 0.000 in 1999.

Definition: Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1989 0.003
1991 0.008
1999 0.000
2001 0.001
2003 0.012
2004 0.004
2005 0.033
2006 0.000
2007 0.016
2008 0.012
2009 0.182
2010 0.148
2011 0.129
2012 0.140
2013 0.130
2014 0.192
2015 0.097
2016 0.169
2017 0.112
2018 0.118
2019 0.096
2020 0.102

Merchandise exports (current US$)

The value for Merchandise exports (current US$) in Faroe Islands was 1,305,757,000 as of 2017. As the graph below shows, over the past 37 years this indicator reached a maximum value of 1,305,757,000 in 2017 and a minimum value of 150,000,000 in 1982.

Definition: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1980 178,000,000
1981 169,000,000
1982 150,000,000
1983 170,000,000
1984 159,000,000
1985 179,000,000
1986 249,000,000
1987 345,000,000
1988 348,000,000
1989 346,000,000
1990 418,000,000
1991 435,000,000
1992 439,000,000
1993 327,000,000
1994 326,000,000
1995 362,000,000
1996 416,000,000
1997 388,000,000
1998 437,000,000
1999 468,000,000
2000 474,000,000
2001 514,000,000
2002 536,000,000
2003 594,000,000
2004 616,000,000
2005 599,000,000
2006 651,000,000
2007 746,230,000
2008 852,091,000
2009 761,744,000
2010 838,963,000
2011 1,007,684,000
2012 951,985,000
2013 1,087,447,000
2014 1,134,582,000
2015 1,022,985,000
2016 1,191,680,000
2017 1,305,757,000

Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Faroe Islands was 63.13 as of 2020. Its highest value over the past 58 years was 100.00 in 1963, while its lowest value was 60.38 in 2018.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1962 100.00
1963 100.00
1964 80.20
1965 88.72
1966 91.56
1967 90.59
1968 91.34
1969 96.41
1970 97.06
1971 98.23
1972 96.31
1973 96.51
1974 96.56
1975 96.03
1976 98.51
1977 98.62
1978 99.07
1979 98.11
1980 96.45
1981 98.52
1982 98.36
1983 96.33
1984 96.45
1985 98.06
1986 98.82
1987 98.78
1988 98.36
1989 98.35
1990 97.44
1991 97.12
1992 89.80
1993 97.83
1994 98.52
1995 99.45
1996 99.59
1997 99.42
1998 98.49
1999 98.66
2000 98.62
2001 98.25
2002 97.85
2003 96.69
2004 96.46
2005 91.39
2006 93.02
2007 90.54
2008 92.11
2009 84.20
2010 83.69
2011 79.11
2012 80.15
2013 79.55
2014 69.51
2015 61.83
2016 64.92
2017 61.64
2018 60.38
2019 61.41
2020 63.13

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Faroe Islands was 36.87 as of 2020. Its highest value over the past 56 years was 39.62 in 2018, while its lowest value was 0.00 in 1990.

Definition: Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1964 14.21
1965 8.56
1966 4.89
1967 5.49
1968 5.27
1969 0.98
1970 0.01
1975 0.81
1977 0.69
1980 1.98
1981 0.17
1982 0.01
1989 0.01
1990 0.00
1991 0.12
1992 7.91
1993 0.51
1994 0.31
1995 0.13
1996 0.07
1997 0.15
1998 1.01
1999 0.65
2000 1.38
2001 1.75
2002 2.14
2003 3.31
2004 3.53
2005 8.61
2006 6.98
2007 9.46
2008 7.89
2009 15.80
2010 16.31
2011 20.89
2012 19.85
2013 20.45
2014 30.49
2015 38.17
2016 35.08
2017 38.36
2018 39.62
2019 38.59
2020 36.87

Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in Faroe Islands was 7.78 as of 2020. Its highest value over the past 43 years was 11.42 in 2015, while its lowest value was 0.00 in 1990.

Definition: Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1977 0.69
1989 0.01
1990 0.00
1991 0.00
1994 0.06
1995 0.07
1996 0.00
1997 0.01
1998 0.18
1999 0.03
2000 0.59
2001 1.15
2002 0.72
2003 1.46
2004 1.31
2005 2.36
2006 1.97
2007 1.70
2008 1.07
2009 2.82
2010 5.52
2011 5.86
2012 8.39
2013 9.36
2014 10.08
2015 11.42
2016 9.15
2017 8.22
2018 10.28
2019 11.42
2020 7.78

Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Faroe Islands was 23.90 as of 2020. Its highest value over the past 28 years was 25.29 in 2017, while its lowest value was 0.01 in 1998.

Definition: Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1992 7.68
1993 0.28
1994 0.13
1996 0.01
1997 0.03
1998 0.01
1999 0.08
2000 0.52
2001 0.11
2002 0.70
2003 1.10
2004 0.91
2005 4.91
2006 3.64
2007 3.45
2008 3.38
2009 5.24
2010 4.19
2011 4.22
2012 4.61
2013 4.48
2014 14.55
2015 22.02
2016 20.82
2017 25.29
2018 24.33
2019 22.07
2020 23.90

Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Faroe Islands was 1.66 as of 2020. Its highest value over the past 56 years was 13.20 in 1964, while its lowest value was 0.00 in 1990.

Definition: Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1964 13.20
1965 8.56
1966 4.89
1967 5.49
1968 5.27
1969 0.98
1970 0.01
1981 0.17
1990 0.00
1991 0.00
1994 0.12
1995 0.06
1996 0.05
1997 0.12
1998 0.06
1999 0.07
2000 0.03
2001 0.15
2002 0.01
2003 0.01
2004 0.03
2006 0.04
2007 0.20
2008 0.60
2009 3.05
2010 2.48
2011 2.20
2012 2.38
2013 1.98
2014 1.68
2015 1.61
2016 1.51
2017 1.39
2018 1.46
2019 1.37
2020 1.66

Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in Faroe Islands was 0.096 as of 2020. Its highest value over the past 31 years was 0.175 in 2009, while its lowest value was 0.000 in 1999.

Definition: Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1989 0.003
1991 0.008
1999 0.000
2001 0.001
2003 0.000
2004 0.004
2005 0.000
2006 0.000
2007 0.016
2008 0.012
2009 0.175
2010 0.143
2011 0.124
2012 0.130
2013 0.123
2014 0.125
2015 0.092
2016 0.166
2017 0.094
2018 0.108
2019 0.091
2020 0.096

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Faroe Islands was 0.06 as of 2020. Its highest value over the past 38 years was 4.37 in 2011, while its lowest value was 0.00 in 2009.

Definition: Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1982 0.01
1998 0.02
1999 0.01
2004 0.00
2005 0.09
2006 0.00
2007 0.00
2008 0.01
2009 0.00
2010 0.00
2011 4.37
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.01
2019 0.00
2020 0.06

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in Faroe Islands was 3.36 as of 2020. Its highest value over the past 56 years was 4.52 in 2009, while its lowest value was 0.00 in 1997.

Definition: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1964 1.02
1975 0.81
1980 1.98
1990 0.00
1991 0.10
1992 0.23
1993 0.24
1995 0.00
1996 0.01
1997 0.00
1998 0.75
1999 0.47
2000 0.24
2001 0.34
2002 0.71
2003 0.73
2004 1.27
2005 1.25
2006 1.33
2007 4.09
2008 2.82
2009 4.52
2010 3.97
2011 4.12
2012 4.34
2013 4.50
2014 4.06
2015 3.02
2016 3.43
2017 3.36
2018 3.44
2019 3.64
2020 3.36

Merchandise exports by the reporting economy, residual (% of total merchandise exports)

Merchandise exports by the reporting economy, residual (% of total merchandise exports) in Faroe Islands was 0.00 as of 2020. Its highest value over the past 58 years was 5.58 in 1964, while its lowest value was 0.00 in 1962.

Definition: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1962 0.00
1963 0.00
1964 5.58
1965 2.72
1966 3.56
1967 3.92
1968 3.38
1969 2.62
1970 2.93
1971 1.77
1972 3.69
1973 3.49
1974 3.44
1975 3.16
1976 1.49
1977 0.69
1978 0.93
1979 1.89
1980 1.57
1981 1.31
1982 1.63
1983 3.67
1984 3.55
1985 1.94
1986 1.18
1987 1.22
1988 1.64
1989 1.64
1990 2.56
1991 2.76
1992 2.29
1993 1.66
1994 1.17
1995 0.42
1996 0.34
1997 0.43
1998 0.51
1999 0.69
2000 0.00
2001 0.00
2002 0.01
2003 0.00
2004 0.01
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00
2019 0.00
2020 0.00

Merchandise exports by the reporting economy (current US$)

The latest value for Merchandise exports by the reporting economy (current US$) in Faroe Islands was 1,375,717,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 1,668,964,000 in 2019 and 700,000 in 1962.

Definition: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1962 700,000
1963 1,300,000
1964 19,700,000
1965 25,700,000
1966 22,500,000
1967 25,500,000
1968 20,136,000
1969 24,289,000
1970 33,460,000
1971 37,613,000
1972 46,182,000
1973 78,542,000
1974 79,982,000
1975 80,462,000
1976 104,592,000
1977 143,506,000
1978 140,502,000
1979 144,031,000
1980 178,214,000
1981 168,652,000
1982 150,876,000
1983 169,991,000
1984 158,327,000
1985 183,040,000
1986 245,310,000
1987 344,866,900
1988 348,309,800
1989 348,054,600
1990 381,102,400
1991 395,238,400
1992 439,827,000
1993 377,814,000
1994 321,254,000
1995 320,261,300
1996 373,850,500
1997 372,976,600
1998 383,599,500
1999 328,588,800
2000 473,278,400
2001 521,987,700
2002 542,043,400
2003 597,840,500
2004 620,053,700
2005 601,817,700
2006 629,116,900
2007 742,170,000
2008 848,370,800
2009 752,135,300
2010 921,544,200
2011 1,059,917,000
2012 1,010,474,000
2013 1,175,481,000
2014 1,392,334,000
2015 1,426,183,000
2016 1,514,650,000
2017 1,641,258,000
2018 1,569,435,000
2019 1,668,964,000
2020 1,375,717,000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports