Merchandise imports — all countries

Merchandise imports — Faroe Islands

Merchandise imports in the Faroe Islands in 2025 — 1,666,000,000 US$. Ranked 170 in the world out of 205. Since 1960, the indicator has risen by 11,006.7%.

2025 1.67B US$ +11.44% vs 2024
World rank 170of 205
Period maximum 1.7B US$2023
Period minimum 15M US$1960

Trend over time

1960–2025 · US$

Merchandise imports — Faroe Islands, 1960–20250500M1B1.5B2B19601967197419811988199520022009201620231960: 15,000,000 US$1962: 20,000,000 US$1964: 23,000,000 US$1966: 28,000,000 US$1968: 28,000,000 US$1970: 30,000,000 US$1972: 47,000,000 US$1974: 100,000,000 US$1976: 131,000,000 US$1978: 184,000,000 US$1980: 223,000,000 US$1982: 192,000,000 US$1984: 262,000,000 US$1986: 336,000,000 US$1988: 478,000,000 US$1990: 338,000,000 US$1992: 334,000,000 US$1994: 242,000,000 US$1996: 370,000,000 US$1998: 387,000,000 US$2000: 533,000,000 US$2002: 494,000,000 US$2004: 628,000,000 US$2006: 790,000,000 US$2008: 988,000,000 US$2010: 780,000,000 US$2012: 1,153,000,000 US$2014: 1,051,000,000 US$2016: 980,000,000 US$2018: 1,227,000,000 US$2020: 1,250,000,000 US$2022: 1,666,000,000 US$2024: 1,495,000,000 US$2025: 1,666,000,000 US$
Change over the period: +1.65B (+11,006.67%) Average annual rate: 7.52 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Faroe Islands

Faroe Islands 1.67B US$
World 26.69T US$
Northern Europe computed 1.75T US$
High-income countries computed 17.7T US$
Merchandise imports — Faroe Islands, by year Faroe Islands All countries CSV XLSX
Year US$ Change Change, %
2025 1.67B +171M +11.44%
2024 1.5B −209M −12.27%
2023 1.7B +38M +2.28%
2022 1.67B +192M +13.03%
2021 1.47B +224M +17.92%
2020 1.25B +22M +1.79%
2019 1.23B +1M +0.08%
2018 1.23B +127M +11.55%
2017 1.1B +120M +12.24%
2016 980M +70M +7.69%
2015 910M −141M −13.42%
2014 1.05B −64M −5.74%
2013 1.12B −38M −3.3%
2012 1.15B +166M +16.82%
2011 987M +207M +26.54%
2010 780M −3M −0.38%
2009 783M −205M −20.75%
2008 988M −28M −2.76%
2007 1.02B +226M +28.61%
2006 790M +47M +6.33%
2005 743M +115M +18.31%
2004 628M −110M −14.91%
2003 738M +244M +49.39%
2002 494M −6M −1.2%
2001 500M −33M −6.19%
2000 533M +63M +13.4%
1999 470M +83M +21.45%
1998 387M +29M +8.1%
1997 358M −12M −3.24%
1996 370M +55M +17.46%
1995 315M +73M +30.17%
1994 242M +23M +10.5%
1993 219M −115M −34.43%
1992 334M +31M +10.23%
1991 303M −35M −10.36%
1990 338M −8M −2.31%
1989 346M −132M −27.62%
1988 478M −35M −6.82%
1987 513M +177M +52.68%
1986 336M +88M +35.48%
1985 248M −14M −5.34%
1984 262M +24M +10.08%
1983 238M +46M +23.96%
1982 192M −22M −10.28%
1981 214M −9M −4.04%
1980 223M +19M +9.31%
1979 204M +20M +10.87%
1978 184M +32M +21.05%
1977 152M +21M +16.03%
1976 131M +18M +15.93%
1975 113M +13M +13%
1974 100M +32M +47.06%
1973 68M +21M +44.68%
1972 47M +6M +14.63%
1971 41M +11M +36.67%
1970 30M −3M −9.09%
1969 33M +5M +17.86%
1968 28M +1M +3.7%
1967 27M −1M −3.57%
1966 28M +2M +7.69%
1965 26M +3M +13.04%
1964 23M +3M +15%
1963 20M +0 +0%
1962 20M +1M +5.26%
1961 19M +4M +26.67%
1960 15M

About the indicator

The value of imports of goods (excluding services) in current US dollars from WTO data, on a CIF basis. Together with merchandise exports it gives the merchandise trade balance — the indicator most often discussed in the context of a “trade deficit” between particular countries.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.