Faroe Islands - Merchandise imports

Merchandise imports from economies in the Arab World (% of total merchandise imports)

Merchandise imports from economies in the Arab World (% of total merchandise imports) in Faroe Islands was 0.085 as of 2020. Its highest value over the past 52 years was 0.538 in 1975, while its lowest value was 0.001 in 1987.

Definition: Merchandise imports from economies in the Arab World are the sum of merchandise imports by the reporting economy from economies in the Arab World. Data are expressed as a percentage of total merchandise imports 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
1968 0.028
1969 0.038
1972 0.009
1974 0.116
1975 0.538
1979 0.002
1985 0.008
1986 0.004
1987 0.001
1988 0.004
1997 0.267
2000 0.021
2001 0.037
2002 0.051
2003 0.040
2004 0.063
2005 0.067
2006 0.053
2007 0.056
2008 0.083
2009 0.149
2010 0.115
2011 0.105
2012 0.092
2013 0.096
2014 0.093
2015 0.096
2016 0.099
2017 0.103
2018 0.089
2019 0.085
2020 0.085

Merchandise imports (current US$)

The value for Merchandise imports (current US$) in Faroe Islands was 1,096,199,000 as of 2017. As the graph below shows, over the past 37 years this indicator reached a maximum value of 1,153,117,000 in 2012 and a minimum value of 192,000,000 in 1982.

Definition: Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1980 223,000,000
1981 214,000,000
1982 192,000,000
1983 238,000,000
1984 262,000,000
1985 248,000,000
1986 336,000,000
1987 513,000,000
1988 478,000,000
1989 346,000,000
1990 338,000,000
1991 303,000,000
1992 334,000,000
1993 219,000,000
1994 242,000,000
1995 315,000,000
1996 370,000,000
1997 358,000,000
1998 387,000,000
1999 470,000,000
2000 533,000,000
2001 500,000,000
2002 494,000,000
2003 738,000,000
2004 628,000,000
2005 743,000,000
2006 790,000,000
2007 1,015,837,000
2008 988,076,000
2009 783,440,000
2010 780,024,000
2011 987,201,000
2012 1,153,117,000
2013 1,115,200,000
2014 1,072,552,000
2015 910,313,000
2016 979,286,400
2017 1,096,199,000

Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Faroe Islands was 85.60 as of 2020. Its highest value over the past 58 years was 100.00 in 1963, while its lowest value was 68.76 in 2015.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 95.24
1965 99.62
1966 99.65
1967 99.62
1968 99.31
1969 98.72
1970 99.54
1971 98.57
1972 97.70
1973 97.28
1974 99.33
1975 99.10
1976 99.72
1977 99.69
1978 99.54
1979 99.69
1980 99.79
1981 99.82
1982 99.89
1983 99.85
1984 99.65
1985 98.02
1986 97.84
1987 97.24
1988 95.73
1989 96.80
1990 96.89
1991 96.50
1992 93.90
1993 92.48
1994 92.30
1995 98.42
1996 98.64
1997 98.46
1998 98.84
1999 98.02
2000 88.38
2001 94.31
2002 92.57
2003 95.03
2004 93.45
2005 88.81
2006 91.52
2007 87.23
2008 91.17
2009 90.52
2010 81.89
2011 83.48
2012 85.30
2013 84.56
2014 84.31
2015 68.76
2016 79.80
2017 83.03
2018 84.19
2019 84.94
2020 85.60

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Faroe Islands was 13.56 as of 2020. Its highest value over the past 52 years was 30.44 in 2015, while its lowest value was 0.04 in 1983.

Definition: Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports 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
1968 0.36
1969 0.33
1970 0.18
1971 0.17
1972 0.14
1973 0.11
1974 0.22
1975 0.60
1976 0.09
1977 0.10
1978 0.16
1979 0.13
1980 0.08
1981 0.07
1982 0.04
1983 0.04
1984 0.05
1985 0.75
1986 0.79
1987 0.58
1988 0.72
1989 0.90
1990 0.77
1991 0.86
1992 4.00
1993 4.80
1994 5.09
1995 0.11
1996 0.06
1997 0.50
1998 0.05
1999 0.96
2000 9.72
2001 4.73
2002 5.28
2003 4.17
2004 5.58
2005 10.28
2006 7.26
2007 11.95
2008 7.92
2009 8.77
2010 17.52
2011 15.76
2012 13.77
2013 14.60
2014 14.80
2015 30.44
2016 19.54
2017 16.35
2018 15.16
2019 14.27
2020 13.56

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

Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in Faroe Islands was 10.64 as of 2020. Its highest value over the past 52 years was 16.83 in 2015, while its lowest value was 0.01 in 1995.

Definition: Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.04
1969 0.04
1970 0.01
1971 0.01
1972 0.02
1973 0.02
1974 0.03
1975 0.02
1976 0.02
1977 0.03
1978 0.03
1979 0.02
1980 0.02
1981 0.02
1982 0.02
1983 0.01
1984 0.02
1985 0.32
1986 0.45
1987 0.25
1988 0.33
1989 0.36
1990 0.37
1991 0.51
1992 0.91
1993 1.24
1994 1.60
1995 0.01
1996 0.04
1997 0.03
1998 0.03
1999 0.72
2000 6.44
2001 1.94
2002 2.44
2003 2.23
2004 3.16
2005 5.30
2006 3.88
2007 8.95
2008 4.48
2009 4.96
2010 14.79
2011 13.17
2012 11.39
2013 11.99
2014 11.61
2015 16.83
2016 12.77
2017 12.69
2018 11.36
2019 10.95
2020 10.64

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

Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in Faroe Islands was 1.53 as of 2020. Its highest value over the past 52 years was 11.98 in 2015, while its lowest value was 0.00 in 1978.

Definition: Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.05
1969 0.00
1974 0.00
1977 0.00
1978 0.00
1985 0.00
1986 0.00
1987 0.02
1988 0.02
1989 0.21
1990 0.07
1991 0.04
1992 2.79
1993 2.36
1994 2.02
1996 0.02
1997 0.06
1999 0.13
2000 2.53
2001 1.52
2002 1.52
2003 0.82
2004 0.90
2005 0.70
2006 0.93
2007 1.05
2008 1.06
2009 0.77
2010 0.86
2011 0.85
2012 0.79
2013 0.81
2014 1.49
2015 11.98
2016 5.12
2017 2.07
2018 2.22
2019 1.81
2020 1.53

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

Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Faroe Islands was 1.10 as of 2020. Its highest value over the past 52 years was 2.22 in 2009, while its lowest value was 0.00 in 1975.

Definition: Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.01
1969 0.06
1970 0.02
1971 0.01
1972 0.00
1974 0.01
1975 0.00
1976 0.01
1977 0.02
1978 0.03
1979 0.03
1980 0.01
1981 0.02
1982 0.01
1983 0.01
1984 0.02
1985 0.24
1986 0.16
1987 0.14
1988 0.20
1989 0.20
1990 0.22
1991 0.19
1992 0.14
1993 0.96
1994 0.54
1995 0.09
1997 0.03
1999 0.09
2000 0.41
2001 0.83
2002 0.84
2003 0.64
2004 0.91
2005 0.94
2006 1.82
2007 1.37
2008 1.69
2009 2.22
2010 1.45
2011 1.33
2012 1.17
2013 1.22
2014 1.19
2015 1.23
2016 1.28
2017 1.27
2018 1.15
2019 1.09
2020 1.10

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

Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in Faroe Islands was 0.089 as of 2020. Its highest value over the past 52 years was 0.538 in 1975, while its lowest value was 0.002 in 1986.

Definition: Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.028
1969 0.038
1972 0.009
1974 0.116
1975 0.538
1979 0.002
1985 0.005
1986 0.002
1987 0.008
1988 0.010
1997 0.267
2000 0.026
2001 0.060
2002 0.065
2003 0.045
2004 0.067
2005 0.111
2006 0.083
2007 0.060
2008 0.087
2009 0.150
2010 0.117
2011 0.108
2012 0.097
2013 0.100
2014 0.097
2015 0.100
2016 0.102
2017 0.106
2018 0.092
2019 0.089
2020 0.089

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

Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in Faroe Islands was 0.090 as of 2020. Its highest value over the past 52 years was 0.929 in 1994, while its lowest value was 0.008 in 1984.

Definition: Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.217
1969 0.176
1970 0.145
1971 0.150
1972 0.111
1973 0.086
1974 0.064
1975 0.037
1976 0.044
1977 0.041
1978 0.063
1979 0.049
1980 0.031
1981 0.017
1982 0.012
1983 0.019
1984 0.008
1985 0.153
1986 0.157
1987 0.153
1988 0.138
1989 0.135
1990 0.107
1991 0.122
1992 0.161
1993 0.235
1994 0.929
1995 0.018
1996 0.009
1997 0.102
1998 0.023
1999 0.020
2000 0.279
2001 0.311
2002 0.338
2003 0.351
2004 0.428
2005 0.360
2006 0.421
2007 0.414
2008 0.491
2009 0.527
2010 0.183
2011 0.181
2012 0.188
2013 0.351
2014 0.295
2015 0.192
2016 0.159
2017 0.118
2018 0.233
2019 0.215
2020 0.090

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

Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in Faroe Islands was 0.11 as of 2020. Its highest value over the past 52 years was 2.88 in 2005, while its lowest value was 0.00 in 1975.

Definition: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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
1968 0.01
1969 0.01
1970 0.00
1973 0.00
1975 0.00
1976 0.01
1977 0.01
1978 0.03
1979 0.02
1980 0.01
1981 0.01
1984 0.00
1985 0.02
1986 0.02
1987 0.01
1988 0.01
2000 0.04
2001 0.07
2002 0.07
2003 0.09
2004 0.11
2005 2.88
2006 0.13
2007 0.10
2008 0.10
2009 0.15
2010 0.12
2011 0.13
2012 0.13
2013 0.12
2014 0.12
2015 0.12
2016 0.11
2017 0.11
2018 0.10
2019 0.11
2020 0.11

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

Merchandise imports by the reporting economy, residual (% of total merchandise imports) in Faroe Islands was 0.84 as of 2020. Its highest value over the past 58 years was 4.76 in 1964, while its lowest value was 0.00 in 1962.

Definition: Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from 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 imports 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 4.76
1965 0.38
1966 0.35
1967 0.38
1968 0.33
1969 0.95
1970 0.28
1971 1.26
1972 2.16
1973 2.61
1974 0.45
1975 0.30
1976 0.19
1977 0.21
1978 0.30
1979 0.18
1980 0.13
1981 0.11
1982 0.07
1983 0.12
1984 0.30
1985 1.23
1986 1.37
1987 2.17
1988 3.55
1989 2.30
1990 2.34
1991 2.64
1992 2.10
1993 2.72
1994 2.61
1995 1.47
1996 1.30
1997 1.04
1998 1.12
1999 1.02
2000 1.90
2001 0.96
2002 2.15
2003 0.81
2004 0.97
2005 0.91
2006 1.22
2007 0.82
2008 0.91
2009 0.71
2010 0.59
2011 0.77
2012 0.94
2013 0.84
2014 0.89
2015 0.80
2016 0.66
2017 0.62
2018 0.65
2019 0.79
2020 0.84

Merchandise imports by the reporting economy (current US$)

The latest value for Merchandise imports by the reporting economy (current US$) in Faroe Islands was $1,415,583,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between $1,415,583,000 in 2020 and $100,000 in 1962.

Definition: Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

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

See also:

Year Value
1962 $100,000
1963 $19,800,000
1964 $23,100,000
1965 $26,200,000
1966 $28,200,000
1967 $26,600,000
1968 $28,571,000
1969 $31,263,000
1970 $30,442,000
1971 $40,637,000
1972 $46,709,000
1973 $68,455,000
1974 $99,860,000
1975 $113,380,000
1976 $130,964,000
1977 $152,053,000
1978 $183,769,000
1979 $204,857,000
1980 $222,796,000
1981 $214,037,000
1982 $196,622,000
1983 $237,482,000
1984 $261,053,000
1985 $253,772,000
1986 $327,698,000
1987 $515,638,900
1988 $481,434,800
1989 $344,004,000
1990 $333,693,000
1991 $294,902,000
1992 $333,158,000
1993 $253,238,000
1994 $238,274,000
1995 $251,399,600
1996 $304,548,900
1997 $342,539,000
1998 $361,465,800
1999 $416,124,400
2000 $532,820,300
2001 $499,838,600
2002 $495,689,000
2003 $739,889,000
2004 $628,549,900
2005 $768,123,100
2006 $783,239,900
2007 $1,015,837,000
2008 $988,075,800
2009 $783,439,900
2010 $1,011,733,000
2011 $1,131,295,000
2012 $1,314,825,000
2013 $1,249,975,000
2014 $1,294,978,000
2015 $1,242,785,000
2016 $1,182,109,000
2017 $1,189,974,000
2018 $1,330,305,000
2019 $1,407,165,000
2020 $1,415,583,000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports