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Faroe Islands - Trade Balance 1975

Name: Faroe Islands Trade Balance 1975
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-32.6M −$7.8M from 1974 Global rank: 77th

Faroe Islands's trade balance was $-32.6M in 1975, decreased +$7.8M from $-24.8M in 1974. This was the 77th highest globally.

Global Ranking - 1975▾

Trade Balance by Country - 1975
Rank	Country	Value	YoY
1st	Germany	$-8.3B	-279.9%
2nd	Spain	$-5.0B	4.0%
3rd	Brazil	$-4.9B	20.5%
4th	United Kingdom	$-3.4B	63.2%
5th	Israel	$-3.4B	-9.8%
6th	Canada	$-3.4B	-2,058.6%
7th	Türkiye	$-3.1B	-59.6%
8th	Mexico	$-2.4B	-54.0%
9th	Egypt, Arab Republic of	$-2.0B	-100.4%
10th	Korea	$-1.9B	12.2%
11th	Norway	$-1.9B	-161.2%
12th	Portugal	$-1.9B	10.7%
13th	Peru	$-1.8B	-82.3%
14th	Puerto Rico (US)	$-1.8B	-96.4%
15th	Finland	$-1.8B	-86.7%
16th	Greece	$-1.8B	-12.5%
17th	Cuba	$-1.5B	-14.2%
18th	Algeria	$-1.4B	-435.2%
19th	Bangladesh	$-1.0B	-21.7%
20th	Pakistan	$-1.0B	-209.1%
21st	India	$-984.6M	16.8%
22nd	Morocco	$-976.9M	-1,901.4%
23rd	South Africa	$-911.4M	-352.0%
24th	New Zealand	$-891.1M	48.1%
25th	Syrian Arab Republic	$-857.5M	-72.0%
26th	Thailand	$-686.4M	-111.7%
27th	Ireland	$-626.2M	45.2%
28th	Singapore	$-525.5M	33.0%
29th	Sudan	$-511.8M	-61.3%
30th	Australia	$-441.1M	-667.4%
31st	Denmark	$-388.4M	66.0%
32nd	China	$-380.5M	24.4%
33rd	Japan	$-316.5M	92.0%
34th	Panama	$-288.4M	11.9%
35th	Sri Lanka	$-283.2M	-6.1%
36th	Senegal	$-262.7M	-15.8%
37th	Ecuador	$-252.3M	-198.0%
38th	Burkina Faso	$-214.3M	-76.7%
39th	Congo, Republic of	$-213.7M	-484.5%
40th	Chile	$-187.4M	-604.9%
41st	Costa Rica	$-166.4M	33.3%
42nd	Austria	$-164.2M	65.2%
43rd	Mali	$-162.8M	-7.4%
44th	Togo	$-157.0M	-212.7%
45th	Kenya	$-152.8M	28.8%
46th	Bolivia, Plurinational State of	$-151.0M	-184.6%
47th	Nicaragua	$-140.7M	31.7%
48th	Lesotho	$-133.9M	-39.9%
49th	Benin	$-127.8M	-51.8%
50th	Uruguay	$-123.8M	-20.6%
51st	Niger	$-123.2M	28.1%
52nd	Dominican Republic	$-120.8M	55.9%
53rd	Iceland	$-117.6M	19.8%
54th	Madagascar	$-114.9M	-28.0%
55th	Honduras	$-109.9M	16.6%
56th	Cyprus	$-103.9M	-
57th	Somalia, Fed. Rep.	$-102.5M	2.7%
58th	Chad	$-99.0M	-80.3%
59th	El Salvador	$-97.4M	30.5%
60th	Papua New Guinea	$-83.9M	-181.2%
61st	Cameroon	$-81.7M	-243.5%
62nd	Argentina	$-81.1M	-118.2%
63rd	Tunisia	$-81.0M	-172.3%
64th	Mauritania	$-79.1M	-384.2%
65th	Zimbabwe	$-73.0M	-
66th	Botswana	$-71.7M	1.7%
67th	Central African Republic	$-71.1M	-62.1%
68th	Nepal	$-70.4M	-13.3%
69th	Paraguay	$-70.2M	-219.0%
70th	Guatemala	$-66.0M	35.9%
71st	Sierra Leone	$-63.6M	-381.5%
72nd	Malta	$-60.0M	39.7%
73rd	Guinea-Bissau	$-58.8M	33.1%
74th	Uganda	$-53.4M	-681.0%
75th	Rwanda	$-48.8M	-72.4%
76th	Afghanistan	$-37.8M	-112.5%
77th	Faroe Islands	$-32.6M	-31.6%
78th	Tonga	$-9.6M	-
79th	Guyana	$-125,000	-101.5%
80th	Gambia, The	$1.3M	127.7%
81st	Côte d'Ivoire	$5.6M	-97.5%
82nd	Kiribati	$21.9M	-43.9%
83rd	Ghana	$26.1M	125.9%
84th	Gabon	$35.0M	-84.1%
85th	Malaysia	$42.1M	87.5%
86th	Italy	$145.9M	101.9%
87th	Indonesia	$174.9M	-91.1%
88th	Sweden	$181.2M	217.5%
89th	Belgium	$202.5M	-29.9%
90th	Colombia	$236.5M	275.4%
91st	Luxembourg	$335.7M	-61.4%
92nd	Oman	$353.5M	-17.3%
93rd	Hong Kong SAR, China	$561.9M	24.9%
94th	Brunei Darussalam	$778.5M	-0.3%
95th	Iraq	$1.3B	-61.3%
96th	Iran, Islamic Republic of	$2.8B	-74.3%
97th	Switzerland	$3.4B	1,151.3%
98th	France	$4.8B	317.2%
99th	Netherlands	$5.3B	9.9%
100th	Kuwait	$6.5B	-29.2%
101st	United States	$16.0B	2,060.2%
102nd	Saudi Arabia	$24.1B	6.9%

FAQ

What was Faroe Islands's trade balance in 1975?▾

Faroe Islands's trade balance in 1975 was $-32.6M. This ranked 77th globally.

How did Faroe Islands's trade balance change in 1975?▾

Faroe Islands's trade balance decreased by 31.6% in 1975 compared to 1974.

Which country had the highest trade balance in 1975?▾

Saudi Arabia had the highest trade balance in 1975 at $24.1B.

What is the trade balance of Faroe Islands in 1975?▾

The trade balance of Faroe Islands in 1975 was $-32.6M. This ranked 77th globally.

How does 1975 compare to 1974 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-24.8M in 1974 to $-32.6M in 1975, a 31.6% decrease.

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