Imports in Faroe Islands increased to 628442.10 DKK Thousand in June from 606353.50 DKK Thousand in May of 2020.

Imports in Faroe Islands averaged 359890.32 DKK Thousand from 1988 until 2020, reaching an all time high of 1126326.40 DKK Thousand in September of 2019 and a record low of 94548.60 DKK Thousand in April of 1993. This page provides - Faroe Islands Imports- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Imports - values, historical data and charts - was last updated on September of 2020.

Imports in Faroe Islands is expected to be 605482.23 DKK Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Faroe Islands to stand at 605516.30 in 12 months time. In the long-term, the Faroe Islands Imports is projected to trend around 605515.87 DKK Thousand in 2021, according to our econometric models.

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Faroe Islands Imports

Actual Previous Highest Lowest Dates Unit Frequency
628442.10 606353.50 1126326.40 94548.60 1988 - 2020 DKK Thousand Monthly
Current Prices, NSA

Faroe Islands Trade Last Previous Highest Lowest Unit
Exports 602395.30 634852.40 1167158.20 117046.60 DKK Thousand [+]
Imports 628442.10 606353.50 1126326.40 94548.60 DKK Thousand [+]
Balance Of Trade -26046.80 28498.90 432423.10 -696546.90 DKK Thousand [+]

Faroe Islands Imports
In 2017, Faroe Islands imported mostly: machinery and transport equipment (31 percent of total imports), of which road vehicles (8 percent), transport equipment, n.e.s. (7 percent) and general industrial machinery and equipment, n.e.s., and machine parts, n.e.s. (5 percent); food and live animals (18 percent), of which feeding stuff for animals (5 percent) and fish, crustaceans, molluscs and aquatic invertebrate (4 percent); manufactured goods (15 percent), of which metals (5 percent); petroleum, petroleum products and related materials (13 percent); miscellaneous manufactured articles (10 percent); and chemicals and related products (8 percent). Faroe Islands' main import partners were Denmark (37 percent of total imports), Germany and Norway (10 percent each), China (6 percent), the UK (4 percent), Iceland (3 percent), and France, the Netherlands and the US (2 percent each).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category