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Faroe Islands - Trade Balance 1973

Name: Faroe Islands Trade Balance 1973
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$9.8M +$10.3M from 1972 Global rank: 66th

Faroe Islands's trade balance was $9.8M in 1973, increased +$10.3M from $-518,038 in 1972. This was the 66th highest globally.

Global Ranking - 1973▾

Trade Balance by Country - 1973
Rank	Country	Value	YoY
1st	United Kingdom	$-4.0B	-2,116.2%
2nd	Germany	$-4.0B	18.5%
3rd	Italy	$-3.3B	-378.5%
4th	Israel	$-2.4B	-160.8%
5th	Greece	$-1.7B	-58.0%
6th	Cuba	$-1.2B	-22.7%
7th	Spain	$-1.1B	-294.9%
8th	Puerto Rico (US)	$-1.0B	9.1%
9th	Brazil	$-975.1M	-5.1%
10th	Portugal	$-808.3M	-102.2%
11th	Mexico	$-582.0M	-67.3%
12th	Denmark	$-581.9M	-513.3%
13th	Ireland	$-538.4M	-48.0%
14th	Türkiye	$-535.7M	-2.7%
15th	Korea	$-530.2M	0.9%
16th	Algeria	$-530.0M	-48.4%
17th	Egypt, Arab Republic of	$-467.2M	-7.7%
18th	India	$-440.0M	-293.3%
19th	Bangladesh	$-429.9M	15.2%
20th	Chile	$-351.0M	17.6%
21st	Singapore	$-334.7M	21.0%
22nd	Finland	$-253.0M	-254.5%
23rd	Japan	$-231.3M	-103.4%
24th	Peru	$-222.3M	-273.8%
25th	Senegal	$-215.8M	-75.2%
26th	Austria	$-182.4M	-90.3%
27th	Thailand	$-156.5M	-92.3%
28th	Panama	$-126.8M	6.7%
29th	Syrian Arab Republic	$-120.2M	29.3%
30th	Burkina Faso	$-112.1M	-30.1%
31st	Nicaragua	$-104.8M	-311.3%
32nd	Dominican Republic	$-103.5M	-54.7%
33rd	Costa Rica	$-92.9M	-17.6%
34th	Norway	$-86.5M	-165.8%
35th	Guinea-Bissau	$-80.5M	-13.0%
36th	Morocco	$-79.2M	-140.6%
37th	Niger	$-77.8M	-66.8%
38th	Madagascar	$-76.6M	-40.5%
39th	Mali	$-71.3M	-53.7%
40th	Sudan	$-66.9M	-316.1%
41st	Somalia, Fed. Rep.	$-65.7M	-227.8%
42nd	Lesotho	$-64.8M	-51.1%
43rd	Congo, Republic of	$-63.7M	33.9%
44th	Cameroon	$-62.8M	26.4%
45th	Malta	$-62.3M	-0.8%
46th	Botswana	$-56.5M	-48.2%
47th	Benin	$-51.9M	-1.9%
48th	Guyana	$-51.3M	-1,280.8%
49th	Chad	$-50.3M	-78.3%
50th	El Salvador	$-43.6M	-456.2%
51st	Togo	$-38.7M	-13.6%
52nd	Nepal	$-36.6M	-58.2%
53rd	Sri Lanka	$-34.8M	13.3%
54th	Kenya	$-32.0M	29.0%
55th	Afghanistan	$-31.1M	41.7%
56th	Iceland	$-24.5M	-55.5%
57th	Central African Republic	$-21.3M	-4.4%
58th	Tunisia	$-9.7M	-171.4%
59th	Bolivia, Plurinational State of	$-7.6M	79.1%
60th	Gambia, The	$-5.5M	-32.5%
61st	Rwanda	$-5.4M	72.7%
62nd	Kiribati	$4.2M	374.0%
63rd	Paraguay	$6.9M	1,342.9%
64th	Sierra Leone	$7.1M	221.1%
65th	Gabon	$8.5M	138.7%
66th	Faroe Islands	$9.8M	1,985.8%
67th	Guatemala	$17.4M	123.1%
68th	New Zealand	$19.5M	-93.3%
69th	Mauritania	$25.3M	51.9%
70th	Honduras	$31.3M	-43.8%
71st	Pakistan	$34.3M	124.8%
72nd	Uruguay	$36.2M	204.7%
73rd	Ecuador	$47.4M	147.4%
74th	Uganda	$57.8M	48.6%
75th	Oman	$61.0M	6.5%
76th	Côte d'Ivoire	$63.3M	-24.1%
77th	Indonesia	$93.3M	135.6%
78th	Papua New Guinea	$130.7M	189.3%
79th	Ghana	$152.0M	30.7%
80th	Switzerland	$178.3M	-19.3%
81st	Colombia	$233.2M	488.7%
82nd	Malaysia	$431.8M	734.1%
83rd	Luxembourg	$479.8M	115.2%
84th	Hong Kong SAR, China	$506.9M	11.8%
85th	China	$701.5M	13.0%
86th	South Africa	$739.2M	40.7%
87th	Belgium	$916.6M	-19.5%
88th	Argentina	$1.0B	700.0%
89th	Iraq	$1.1B	75.5%
90th	Canada	$1.4B	118.7%
91st	Sweden	$1.7B	105.0%
92nd	Australia	$2.0B	351.1%
93rd	France	$2.5B	12.6%
94th	Kuwait	$2.7B	26.2%
95th	Iran, Islamic Republic of	$3.5B	1,300.0%
96th	Netherlands	$3.8B	49.9%
97th	United States	$4.1B	221.8%
98th	Saudi Arabia	$11.8B	181.4%

FAQ

What was Faroe Islands's trade balance in 1973?▾

Faroe Islands's trade balance in 1973 was $9.8M. This ranked 66th globally.

How did Faroe Islands's trade balance change in 1973?▾

Faroe Islands's trade balance increased by 1,985.8% in 1973 compared to 1972.

Which country had the highest trade balance in 1973?▾

Saudi Arabia had the highest trade balance in 1973 at $11.8B.

What is the trade balance of Faroe Islands in 1973?▾

The trade balance of Faroe Islands in 1973 was $9.8M. This ranked 66th globally.

How does 1973 compare to 1972 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-518,038 in 1972 to $9.8M in 1973, a 1,985.8% increase.

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