Faroe Islands Imports 1998-2023
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 2021 was $1.91B, a 19.36% increase from 2020.
- Faroe Islands imports for 2020 was $1.60B, a 7.52% decline from 2019.
- Faroe Islands imports for 2019 was $1.73B, a 0.16% increase from 2018.
- Faroe Islands imports for 2018 was $1.72B, a 13.69% increase from 2017.
| Faroe Islands Imports - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2021 |
$1.91B |
52.21% |
| 2020 |
$1.60B |
49.14% |
| 2019 |
$1.73B |
52.70% |
| 2018 |
$1.72B |
54.06% |
| 2017 |
$1.52B |
50.87% |
| 2016 |
$1.41B |
50.02% |
| 2015 |
$1.35B |
52.39% |
| 2014 |
$1.54B |
52.73% |
| 2013 |
$1.58B |
58.62% |
| 2012 |
$1.57B |
64.60% |
| 2011 |
$1.34B |
53.41% |
| 2010 |
$1.18B |
50.46% |
| 2009 |
$1.22B |
53.20% |
| 2008 |
$1.43B |
57.52% |
| 2007 |
$1.34B |
57.38% |
| 2006 |
$1.12B |
55.60% |
| 2005 |
$1.04B |
58.92% |
| 2004 |
$0.86B |
49.71% |
| 2003 |
$0.92B |
61.49% |
| 2002 |
$0.63B |
49.56% |
| 2001 |
$0.62B |
53.34% |
| 2000 |
$0.63B |
59.21% |
| 1999 |
$0.58B |
51.73% |
| 1998 |
$0.50B |
44.96% |
