Faroe Islands vs Thailand: Merchandise exports to low- and middle-income economies outside region

Faroe Islands
11.6%
in 2023
Thailand
11.0%
in 2023
Faroe Islands rank
100th
Thailand rank
103rd

Merchandise exports to low- and middle-income economies outside region over time

  • Faroe Islands
  • Thailand
05101520196019912023

How they compare

Faroe Islands currently reports 11.6% against 11.0% in Thailand, a difference of 0.6%.

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

The two have swapped places 2 times across 47 shared years of data; in 1964 it was Faroe Islands ahead.

Faroe Islands ranks 100th and Thailand ranks 103rd of 206 countries.

Across the 7 decades both report, Faroe Islands averaged higher in 2 and Thailand in 5.

Head to head by decade

Decade Faroe Islands Thailand Difference Ahead
1960s 6.8% 10.4% 3.5% Thailand
1970s 0.5% 7.6% 7.1% Thailand
1980s 0.6% 9.3% 8.8% Thailand
1990s 0.3% 5.3% 5.0% Thailand
2000s 3.7% 8.0% 4.3% Thailand
2010s 15.7% 11.0% 4.6% Faroe Islands
2020s 14.9% 10.4% 4.5% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Faroe Islands or Thailand?
Faroe Islands, at 11.6% against 11.0% in Thailand as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Faroe Islands and Thailand?
0.6%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Thailand?
47 years are reported by both, from 1964 to 2023.
How do Faroe Islands and Thailand rank globally for merchandise exports to low- and middle-income economies outside region?
Faroe Islands ranks 100th and Thailand ranks 103rd of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Thailand: Merchandise exports to low- and middle-income economies outside region. 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-outside-region-percent-of-total/faroe-islands/thailand/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.