Djibouti vs Faroe Islands: Net trade in goods

Djibouti
41.45 million BoP, current US$
in 2024
Faroe Islands
56.97 million BoP, current US$
in 2011
Djibouti rank
65th
Faroe Islands rank
64th

Net trade in goods over time

  • Djibouti
  • Faroe Islands
-750.0M-500.0M-250.0M0250.0M199120072024

How they compare

Faroe Islands currently reports 56.97 million BoP, current US$ against 41.45 million BoP, current US$ in Djibouti, a difference of 15.52 million BoP, current US$.

That makes Faroe Islands's figure about 1.4 times Djibouti's.

Across all 14 years both countries report, Faroe Islands has been ahead every year.

Djibouti ranks 65th and Faroe Islands ranks 64th of 200 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Djibouti Faroe Islands Difference Ahead
1990s -166.89 million BoP, current US$ 43.28 million BoP, current US$ 210.18 million BoP, current US$ Faroe Islands
2000s -273.69 million BoP, current US$ -49.30 million BoP, current US$ 224.40 million BoP, current US$ Faroe Islands
2010s -353.32 million BoP, current US$ 73.69 million BoP, current US$ 427.01 million BoP, current US$ Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net trade in goods, Djibouti or Faroe Islands?
Faroe Islands, at 56.97 million BoP, current US$ against 41.45 million BoP, current US$ in Djibouti as of 2011.
What is the difference in net trade in goods between Djibouti and Faroe Islands?
15.52 million BoP, current US$, with Faroe Islands ahead.
How many years of comparable data are there for Djibouti and Faroe Islands?
14 years are reported by both, from 1998 to 2011.
How do Djibouti and Faroe Islands rank globally for net trade in goods?
Djibouti ranks 65th and Faroe Islands ranks 64th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Djibouti vs Faroe Islands: Net trade in goods. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-bop-current-us/djibouti/faroe-islands/

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About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
201 places, 7,829 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. 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.