Imports by region of origin in Faroe Islands
Faroe Islands: Imports by region of origin was 6.57 million current US$ in 2024. ◆ Volatile
Imports by region of origin in Faroe Islands, 1962–2024
Source: International Monetary Fund (2025) – with major processing by Our World in Data. Measured in current US$.
Analysis
Faroe Islands recorded 6.57 million current US$ for imports by region of origin in 2024.
The figure is down 21.1% on the previous year and down 20.9% over ten years.
Over the whole period, imports by region of origin in Faroe Islands peaked at 67.45 million current US$ in 2005 and was at its lowest, 67,000 current US$, in 1969.
Faroe Islands ranks 197th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 254,500 current US$ | 67,000 current US$ | 660,000 current US$ | 6 |
| 1970s | 334,800 current US$ | 84,000 current US$ | 971,000 current US$ | 10 |
| 1980s | 4.19 million current US$ | 261,000 current US$ | 10.44 million current US$ | 10 |
| 1990s | 6.00 million current US$ | 300,333 current US$ | 18.54 million current US$ | 10 |
| 2000s | 20.65 million current US$ | 7.13 million current US$ | 67.45 million current US$ | 10 |
| 2010s | 7.61 million current US$ | 6.81 million current US$ | 8.65 million current US$ | 10 |
| 2020s | 7.59 million current US$ | 6.57 million current US$ | 8.33 million current US$ | 5 |
Countries ranked near Faroe Islands
More economy & growth data for Faroe Islands
- External balance on goods and services 938.80 million current LCU (2024)
- Gross capital formation 28.2% (2024)
- Imports of goods and services 2.07 billion current US$ (2024)
- Imports of goods and services 14.31 billion current LCU (2024)
- Imports of goods and services 51.2% (2024)
- External balance on goods and services 136.17 million current US$ (2024)
- Trade 105.8% (2024)
- Manufacturing, value added 383.50 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 4.49 billion current LCU (2024)
- Gross capital formation 7.87 billion current LCU (2024)
Frequently asked questions
- What is imports by region of origin in Faroe Islands?
- Imports by region of origin in Faroe Islands was 6.57 million current US$ in 2024, according to International Monetary Fund (2025) – with major processing by Our World in Data.
- What is the highest imports by region of origin recorded in Faroe Islands?
- The highest recorded value was 67.45 million current US$ in 2005.
- What is the lowest imports by region of origin recorded in Faroe Islands?
- The lowest recorded value was 67,000 current US$ in 1969.
- How does Faroe Islands rank for imports by region of origin?
- Faroe Islands ranks 197th out of 209 countries with data for 2024.
- Is imports by region of origin rising or falling in Faroe Islands?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from International Monetary Fund (2025) – with major processing by Our World in Data, published as part of Imports by region of origin. Statizoid updates them automatically from the source API.
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About this data
Total value of goods a country imports from North America in US dollars, including freight and insurance costs. This data is not adjusted for inflation.