Faroe Islands Trade Balance 1962-2025

Faroe Islands trade balance for 2022 was -4.14 million US dollars, a 123.67% decline from 2021.
  • Faroe Islands trade balance for 2021 was 17.50 million US dollars, a 139.11% decline from 2020.
  • Faroe Islands trade balance for 2020 was -44.74 million US dollars, a 146.97% decline from 2019.
  • Faroe Islands trade balance for 2019 was 95.26 million US dollars, a 341.18% decline from 2018.
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.