Armenia vs Faroe Islands: Merchandise exports to low- and middle-income economies in East Asia

Armenia
5.3%
in 2023
Faroe Islands
5.6%
in 2023
Armenia rank
107th
Faroe Islands rank
105th

Merchandise exports to low- and middle-income economies in East Asia over time

  • Armenia
  • Faroe Islands
051015197720002023

How they compare

Faroe Islands currently reports 5.6% against 5.3% in Armenia, a difference of 0.3%.

That makes Faroe Islands's figure about 1.1 times Armenia's.

The two have swapped places 12 times across 28 shared years of data; in 1995 it was Faroe Islands ahead.

Armenia ranks 107th and Faroe Islands ranks 105th of 206 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Faroe Islands in 3.

Head to head by decade

Decade Armenia Faroe Islands Difference Ahead
1990s 0.0% 0.1% 0.0% Faroe Islands
2000s 1.2% 1.5% 0.3% Faroe Islands
2010s 6.0% 9.5% 3.6% Faroe Islands
2020s 9.3% 7.0% 2.3% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in east asia, Armenia or Faroe Islands?
Faroe Islands, at 5.6% against 5.3% in Armenia as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in east asia between Armenia and Faroe Islands?
0.3%, with Faroe Islands ahead.
How many years of comparable data are there for Armenia and Faroe Islands?
28 years are reported by both, from 1995 to 2023.
How do Armenia and Faroe Islands rank globally for merchandise exports to low- and middle-income economies in east asia?
Armenia ranks 107th and Faroe Islands ranks 105th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Faroe Islands: Merchandise exports to low- and middle-income economies in East Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/armenia/faroe-islands/

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<a href="https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/armenia/faroe-islands/">Armenia vs Faroe Islands: Merchandise exports to low- and middle-income economies in East Asia</a> — Statizoid

About this data

Indicator
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,319 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.