Faroe Islands vs Mali: Net trade in goods

Faroe Islands
56.97 million BoP, current US$
in 2011
Mali
-11.98 million BoP, current US$
in 2024
Faroe Islands rank
64th
Mali rank
67th

Net trade in goods over time

  • Faroe Islands
  • Mali
-750.0M-500.0M-250.0M0250.0M500.0M197519992024

How they compare

Faroe Islands currently reports 56.97 million BoP, current US$ against -11.98 million BoP, current US$ in Mali, a difference of 68.95 million BoP, current US$.

That makes Faroe Islands's figure about 4.8 times Mali's.

The two have swapped places 4 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 64th and Mali ranks 67th of 199 countries.

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

Head to head by decade

Decade Faroe Islands Mali Difference Ahead
1990s 43.28 million BoP, current US$ 52,345 BoP, current US$ 43.23 million BoP, current US$ Faroe Islands
2000s -49.30 million BoP, current US$ -126.20 million BoP, current US$ 76.90 million BoP, current US$ Faroe Islands
2010s 73.69 million BoP, current US$ -499.27 million BoP, current US$ 572.96 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, Faroe Islands or Mali?
Faroe Islands, at 56.97 million BoP, current US$ against -11.98 million BoP, current US$ in Mali as of 2011.
What is the difference in net trade in goods between Faroe Islands and Mali?
68.95 million BoP, current US$, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Mali?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Mali rank globally for net trade in goods?
Faroe Islands ranks 64th and Mali ranks 67th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Mali: Net trade in goods. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 26 August 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-bop-current-us/faroe-islands/mali/

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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
200 places, 7,807 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.