Merchandise imports in Faroe Islands
Faroe Islands: Merchandise imports was 1.67 billion current US$ in 2025. ◆ Volatile
Latest (2025)
1.67 billion current US$
Change on year
up 11.4%
World rank
170th
of 206 countries
All-time high
1.70 billion current US$
in 2023
All-time low
15.00 million current US$
in 1960
Years of data
66
1960–2025
Merchandise imports in Faroe Islands, 1960–2025
Source: World Trade Organization (WTO). Measured in current US$.
Analysis
Faroe Islands recorded 1.67 billion current US$ for merchandise imports in 2025.
Compared with earlier readings it is up 11.4% on the previous year and up 83.1% over ten years.
Over the whole period, merchandise imports in Faroe Islands peaked at 1.70 billion current US$ in 2023 and was at its lowest, 15.00 million current US$, in 1960.
Faroe Islands ranks 170th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports in Faroe Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 15.00 million current US$ | — |
| 1961 | 19.00 million current US$ | +26.7% |
| 1962 | 20.00 million current US$ | +5.3% |
| 1963 | 20.00 million current US$ | +0.0% |
| 1964 | 23.00 million current US$ | +15.0% |
| 1965 | 26.00 million current US$ | +13.0% |
| 1966 | 28.00 million current US$ | +7.7% |
| 1967 | 27.00 million current US$ | -3.6% |
| 1968 | 28.00 million current US$ | +3.7% |
| 1969 | 33.00 million current US$ | +17.9% |
| 1970 | 30.00 million current US$ | -9.1% |
| 1971 | 41.00 million current US$ | +36.7% |
| 1972 | 47.00 million current US$ | +14.6% |
| 1973 | 68.00 million current US$ | +44.7% |
| 1974 | 100.00 million current US$ | +47.1% |
| 1975 | 113.00 million current US$ | +13.0% |
| 1976 | 131.00 million current US$ | +15.9% |
| 1977 | 152.00 million current US$ | +16.0% |
| 1978 | 184.00 million current US$ | +21.1% |
| 1979 | 204.00 million current US$ | +10.9% |
| 1980 | 223.00 million current US$ | +9.3% |
| 1981 | 214.00 million current US$ | -4.0% |
| 1982 | 192.00 million current US$ | -10.3% |
| 1983 | 238.00 million current US$ | +24.0% |
| 1984 | 262.00 million current US$ | +10.1% |
| 1985 | 248.00 million current US$ | -5.3% |
| 1986 | 336.00 million current US$ | +35.5% |
| 1987 | 513.00 million current US$ | +52.7% |
| 1988 | 478.00 million current US$ | -6.8% |
| 1989 | 346.00 million current US$ | -27.6% |
| 1990 | 338.00 million current US$ | -2.3% |
| 1991 | 303.00 million current US$ | -10.4% |
| 1992 | 334.00 million current US$ | +10.2% |
| 1993 | 219.00 million current US$ | -34.4% |
| 1994 | 242.00 million current US$ | +10.5% |
| 1995 | 315.00 million current US$ | +30.2% |
| 1996 | 370.00 million current US$ | +17.5% |
| 1997 | 358.00 million current US$ | -3.2% |
| 1998 | 387.00 million current US$ | +8.1% |
| 1999 | 470.00 million current US$ | +21.4% |
| 2000 | 533.00 million current US$ | +13.4% |
| 2001 | 500.00 million current US$ | -6.2% |
| 2002 | 494.00 million current US$ | -1.2% |
| 2003 | 738.00 million current US$ | +49.4% |
| 2004 | 628.00 million current US$ | -14.9% |
| 2005 | 743.00 million current US$ | +18.3% |
| 2006 | 790.00 million current US$ | +6.3% |
| 2007 | 1.02 billion current US$ | +28.6% |
| 2008 | 988.00 million current US$ | -2.8% |
| 2009 | 783.00 million current US$ | -20.7% |
| 2010 | 780.00 million current US$ | -0.4% |
| 2011 | 987.00 million current US$ | +26.5% |
| 2012 | 1.15 billion current US$ | +16.8% |
| 2013 | 1.11 billion current US$ | -3.3% |
| 2014 | 1.05 billion current US$ | -5.7% |
| 2015 | 910.00 million current US$ | -13.4% |
| 2016 | 980.00 million current US$ | +7.7% |
| 2017 | 1.10 billion current US$ | +12.2% |
| 2018 | 1.23 billion current US$ | +11.5% |
| 2019 | 1.23 billion current US$ | +0.1% |
| 2020 | 1.25 billion current US$ | +1.8% |
| 2021 | 1.47 billion current US$ | +17.9% |
| 2022 | 1.67 billion current US$ | +13.0% |
| 2023 | 1.70 billion current US$ | +2.3% |
| 2024 | 1.50 billion current US$ | -12.3% |
| 2025 | 1.67 billion current US$ | +11.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.67 billion current US$ is below the median for high income countries, which is 44.50 billion current US$, 4% of the median. (77 countries reporting)
- Faroe Islands's 1.67 billion current US$ is below the median for Europe & Central Asia, which is 64.46 billion current US$, 3% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.90 million current US$ | 15.00 million current US$ | 33.00 million current US$ | 10 |
| 1970s | 107.00 million current US$ | 30.00 million current US$ | 204.00 million current US$ | 10 |
| 1980s | 305.00 million current US$ | 192.00 million current US$ | 513.00 million current US$ | 10 |
| 1990s | 333.60 million current US$ | 219.00 million current US$ | 470.00 million current US$ | 10 |
| 2000s | 721.30 million current US$ | 494.00 million current US$ | 1.02 billion current US$ | 10 |
| 2010s | 1.05 billion current US$ | 780.00 million current US$ | 1.23 billion current US$ | 10 |
| 2020s | 1.54 billion current US$ | 1.25 billion current US$ | 1.70 billion current US$ | 6 |
Countries ranked near Faroe Islands
- 167 Sierra Leone 1.89 billion current US$ compare
- 168 Lesotho 1.88 billion current US$ compare
- 169 Equatorial Guinea 1.70 billion current US$ compare
- 171 Aruba 1.60 billion current US$ compare
- 172 Seychelles 1.52 billion current US$ compare
- 173 Belize 1.43 billion current US$ compare
More private sector data for Faroe Islands
- Merchandise trade 80.8% (2024)
- Food imports 17.1% (2009)
- Manufactures imports 62.3% (2009)
- Food exports 88.0% (2009)
- Manufactures exports 7.4% (2009)
- Merchandise exports 2.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 37,577 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4389 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 15.96 % change on previous year (2025)
- Merchandise imports (current US$), per capita 30,346 current US$ per person (2025)
Frequently asked questions
- What is merchandise imports in Faroe Islands?
- Merchandise imports in Faroe Islands was 1.67 billion current US$ in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise imports recorded in Faroe Islands?
- The highest recorded value was 1.70 billion current US$ in 2023.
- What is the lowest merchandise imports recorded in Faroe Islands?
- The lowest recorded value was 15.00 million current US$ in 1960.
- How does Faroe Islands rank for merchandise imports?
- Faroe Islands ranks 170th out of 206 countries with data for 2025.
- Is merchandise imports rising or falling in Faroe Islands?
- Over the last ten years it is up 83.1%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise imports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.