Private Sector in Faroe Islands 73 indicators covering private sector for Faroe Islands. IndicatorLatest Year10-yr change Rank Merchandise trade 80.8% 2024 up 8.9% 49th Food imports 17.1% 2009 down 16.1% 83rd Manufactures imports 62.3% 2009 down 5.6% 93rd Merchandise imports 1.67 billion current US$ 2025 up 83.1% 170th Food exports 88.0% 2009 down 5.8% 13th Manufactures exports 7.4% 2009 up 40.4% 159th Merchandise exports 2.06 billion current US$ 2025 up 101.7% 145th Merchandise exports (current US$), per capita 37,577 current US$ per person 2025 up 79.6% 9th Merchandise exports (current US$), per unit of GDP 0.4389 current US$ per US$ of GDP 2024 up 15.2% 37th Merchandise exports (current US$), annual growth rate 15.96 % change on previous year 2025 up 303.7% 44th Merchandise imports (current US$), per capita 30,346 current US$ per person 2025 up 63.1% 9th Merchandise imports (current US$), per unit of GDP 0.3689 current US$ per US$ of GDP 2024 up 2.3% 85th Merchandise imports (current US$), annual growth rate 11.44 % change on previous year 2025 up 185.3% 55th Commercial service exports (current US$), per capita 4,260 current US$ per person 2011 up 249.8% 51st Commercial service exports 206.81 million current US$ 2011 up 264.1% 172nd Commercial service exports (current US$), per unit of GDP 0.0825 current US$ per US$ of GDP 2011 up 68.6% 107th Transport services 23.8% 2011 down 28.1% 130th Commercial service imports (current US$), per capita 8,121 current US$ per person 2011 up 261.7% 24th Computer, communications and other services 50.9% 2011 up 116.4% 45th Commercial service imports 394.20 million current US$ 2011 up 276.5% 170th Computer, communications and other services 38.7% 2011 up 168.7% 81st Commercial service imports (current US$), per unit of GDP 0.1573 current US$ per US$ of GDP 2011 up 74.3% 52nd Travel services 24.4% 2011 down 26.5% 71st Travel services 19.9% 2011 down 48.1% 140th Transport services 40.6% 2011 up 3.6% 22nd Commercial service exports (current US$), annual growth rate 8.46 % change on previous year 2011 up 60.1% 103rd Commercial service imports (current US$), annual growth rate 7.67 % change on previous year 2011 down 8.4% 93rd Insurance and financial services 0.8% 2011 down 91.9% 195th Merchandise imports from economies in the Arab World 0.1% 2023 down 28.5% 189th Merchandise imports from high-income economies 84.1% 2023 down 1.6% 27th Merchandise imports from low- and middle-income economies outside 9.1% 2023 down 34.8% 151st Merchandise imports from low- and middle-income economies in East 7.8% 2023 down 35.6% 168th Merchandise imports from low- and middle-income economies in Europe & 6.8% 2023 up 1,016.5% 37th Merchandise imports from low- and middle-income economies in Latin 0.8% 2023 down 35.3% 147th Merchandise imports from low- and middle-income economies in Middle 0.1% 2023 down 26.8% 171st Merchandise imports from low- and middle-income economies in South 0.3% 2023 down 19.2% 189th Merchandise imports from low- and middle-income economies in 0.1% 2023 up 2.9% 168th Merchandise imports by the reporting economy, residual 0.0% 2023 down 2.5% 104th Merchandise imports by the reporting economy 1.93 billion current US$ 2023 up 56.2% 167th Merchandise imports from low- and middle-income economies within 6.8% 2023 up 1,016.5% 139th Merchandise exports to economies in the Arab World 0.1% 2023 down 54.3% 185th Merchandise exports to high-income economies 87.8% 2023 up 5.3% 33rd Merchandise exports to low- and middle-income economies outside region 11.6% 2023 down 26.6% 100th Merchandise exports to low- and middle-income economies in East Asia 5.6% 2023 down 42.1% 105th Merchandise exports to low- and middle-income economies in Europe & 0.6% 2023 down 27.6% 122nd Merchandise exports to low- and middle-income economies in Latin 1.0% 2023 down 52.5% 100th Merchandise exports to low- and middle-income economies in Middle 0.1% 2023 down 53.7% 152nd Merchandise exports to low- and middle-income economies in South Asia 0.0% 2023 up 172.2% 200th Merchandise exports to low- and middle-income economies in 5.0% 2023 up 25.0% 58th Merchandise exports by the reporting economy, residual 0.0% 2023 — 123rd Merchandise exports by the reporting economy 2.35 billion current US$ 2023 up 106.8% 138th Merchandise exports to low- and middle-income economies within region 0.6% 2023 down 27.6% 199th Merchandise exports (current US$), per square kilometre 1.34 million current US$ per square kilometre 2023 up 72.7% 33rd Merchandise imports (current US$), per square kilometre 1.24 million current US$ per square kilometre 2023 up 55.7% 50th Merchandise exports by the reporting economy (current US$), per capita 43,136 current US$ per person 2023 up 83.4% 6th Merchandise exports by the reporting economy (current US$), per unit 0.5951 current US$ per US$ of GDP 2023 up 41.1% 20th Merchandise exports by the reporting economy (current US$), per 1.71 million current US$ per square kilometre 2023 up 110.7% 31st Merchandise exports by the reporting economy (current US$), annual 10.76 % change on previous year 2023 down 38.4% 26th Merchandise imports by the reporting economy (current US$), per capita 35,479 current US$ per person 2023 up 38.5% 10th Merchandise imports by the reporting economy (current US$), per unit 0.4895 current US$ per US$ of GDP 2023 up 6.5% 48th Page 1 of 2 Next →