The statistic shows the trade balance of goods of the Faroe Islands from 2007 to 2017. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2017, the trade surplus of the Faroe Islands amounted to around 0.24 billion U.S. dollars.
Faroe Islands: Trade balance of goods from 2007 to 2017
(in billion U.S. dollars)
This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.
The values have been rounded to provide a better understanding of the statistic.
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WTO, & Statista. (April 15, 2019). Faroe Islands: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/
WTO, und Statista. "Faroe Islands: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars)." Chart. April 15, 2019. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/
WTO, Statista. (2019). Faroe Islands: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/
WTO, and Statista. "Faroe Islands: Trade Balance of Goods from 2007 to 2017 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2019, https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/
WTO & Statista, Faroe Islands: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/ (last visited October 31, 2024)
Faroe Islands: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars) [Graph], WTO, & Statista, April 15, 2019. [Online]. Available: https://www.statista.com/statistics/510415/trade-balance-of-faroe-islands/
