Faroe Islands recorded a trade surplus of 211978.20 DKK Thousand in May of 2026. Balance of Trade in Faroe Islands averaged 26456.27 DKK Thousand from 1988 until 2026, reaching an all time high of 569059.70 DKK Thousand in January of 2026 and a record low of -696449.70 DKK Thousand in June of 2012. source: Statistics Faroe Islands

Related	Last	Previous	Unit	Reference
Balance of Trade	211978.20	10581.00	DKK Thousand	May 2026
Exports	1267722.40	1047377.40	DKK Thousand	May 2026
Imports	1055744.20	1036796.40	DKK Thousand	May 2026

Faroe Islands Balance Of Trade

In 2017, the Faroe Islands trade surplus widened by 2.4 percent from the previous year to DKK 1,491 million, the largest trade surplus on record. Exports rose by 7.4 percent to an all-time high of DKK 8,650 million and imports increased by 10 percent to a record DKK 7,257 million, the biggest gain since 2012. The largest trade surpluses were recorded with Russia, the US, the UK, the Netherlands, Italy and Spain, while the biggest trade deficits were recorded with Denmark, Norway, Sweden, Iceland, Finland and Belgium.