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Faroe Islands - Trade Balance 1976

Name: Faroe Islands Trade Balance 1976
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-26.2M +$6.4M from 1975 Global rank: 72nd

Faroe Islands's trade balance was $-26.2M in 1976, increased +$6.4M from $-32.6M in 1975. This was the 72nd highest globally.

Global Ranking - 1976▾

Trade Balance by Country - 1976
Rank	Country	Value	YoY
1st	Germany	$-11.6B	-39.7%
2nd	Spain	$-5.8B	-17.8%
3rd	Brazil	$-3.7B	25.4%
4th	Norway	$-3.0B	-58.0%
5th	Türkiye	$-3.0B	4.7%
6th	Italy	$-2.5B	-1,798.8%
7th	Israel	$-2.4B	29.2%
8th	France	$-2.1B	-144.6%
9th	Portugal	$-2.1B	-14.2%
10th	Puerto Rico (US)	$-2.1B	-15.1%
11th	Denmark	$-2.0B	-420.0%
12th	United Kingdom	$-1.9B	45.2%
13th	Canada	$-1.9B	44.8%
14th	Greece	$-1.8B	-4.9%
15th	Morocco	$-1.8B	-84.6%
16th	United States	$-1.6B	-110.2%
17th	Cuba	$-1.6B	-5.9%
18th	Egypt, Arab Republic of	$-1.4B	29.2%
19th	Bangladesh	$-1.3B	-28.8%
20th	Peru	$-1.3B	29.8%
21st	Mexico	$-1.2B	49.0%
22nd	Syrian Arab Republic	$-1.1B	-31.5%
23rd	Austria	$-1.0B	-530.9%
24th	Pakistan	$-1.0B	0.5%
25th	Sweden	$-1.0B	-655.9%
26th	Korea	$-875.6M	54.4%
27th	Jordan	$-809.7M	-
28th	Ireland	$-795.8M	-27.1%
29th	Algeria	$-720.5M	50.1%
30th	Finland	$-692.4M	61.3%
31st	Sudan	$-476.2M	7.0%
32nd	Singapore	$-439.0M	16.5%
33rd	South Africa	$-433.6M	52.4%
34th	Thailand	$-419.5M	38.9%
35th	New Zealand	$-350.7M	60.6%
36th	Senegal	$-320.4M	-21.9%
37th	Panama	$-294.3M	-2.1%
38th	Dominican Republic	$-271.9M	-125.1%
39th	Guatemala	$-262.4M	-297.6%
40th	Tunisia	$-222.3M	-174.3%
41st	Congo, Republic of	$-197.5M	7.6%
42nd	Mauritania	$-183.8M	-132.5%
43rd	Burkina Faso	$-183.6M	14.3%
44th	Lesotho	$-178.3M	-33.1%
45th	Ecuador	$-176.6M	30.0%
46th	Costa Rica	$-144.8M	13.0%
47th	Cameroon	$-136.8M	-67.6%
48th	Niger	$-128.5M	-4.3%
49th	Benin	$-126.0M	1.4%
50th	Guyana	$-113.3M	-90,524.0%
51st	Somalia, Fed. Rep.	$-111.5M	-8.8%
52nd	Mali	$-94.2M	42.2%
53rd	Chad	$-89.2M	9.9%
54th	Togo	$-86.6M	44.8%
55th	Sri Lanka	$-83.8M	70.4%
56th	Cyprus	$-74.2M	28.6%
57th	Guinea-Bissau	$-66.2M	-12.6%
58th	Bolivia, Plurinational State of	$-60.4M	60.0%
59th	Botswana	$-59.3M	17.4%
60th	Malta	$-58.5M	2.5%
61st	Paraguay	$-57.4M	18.2%
62nd	Madagascar	$-51.5M	55.1%
63rd	Nepal	$-49.4M	29.7%
64th	Mauritius	$-48.5M	-
65th	Sierra Leone	$-43.9M	30.9%
66th	Afghanistan	$-42.2M	-11.8%
67th	Central African Republic	$-32.2M	54.7%
68th	Honduras	$-31.1M	71.7%
69th	Rwanda	$-30.7M	37.0%
70th	Seychelles	$-30.5M	-
71st	El Salvador	$-29.6M	69.6%
72nd	Faroe Islands	$-26.2M	19.7%
73rd	Uruguay	$-19.0M	84.6%
74th	Gabon	$-15.5M	-144.2%
75th	Ghana	$-9.3M	-135.8%
76th	Tonga	$-8.9M	7.0%
77th	Gambia, The	$-5.9M	-571.7%
78th	Iceland	$4.4M	103.8%
79th	Kiribati	$8.5M	-61.2%
80th	Papua New Guinea	$15.0M	117.9%
81st	Nicaragua	$21.2M	115.0%
82nd	Kenya	$24.1M	115.8%
83rd	Uganda	$43.6M	181.6%
84th	China	$90.8M	123.9%
85th	Zimbabwe	$102.1M	239.9%
86th	Australia	$146.2M	133.2%
87th	Belgium	$208.4M	2.9%
88th	Côte d'Ivoire	$256.1M	4,474.2%
89th	Chile	$375.8M	300.5%
90th	Luxembourg	$405.5M	20.8%
91st	Oman	$418.9M	18.5%
92nd	Colombia	$483.4M	104.4%
93rd	Indonesia	$500.0M	185.8%
94th	India	$587.4M	159.7%
95th	Brunei Darussalam	$1.1B	37.8%
96th	Malaysia	$1.2B	2,645.0%
97th	Hong Kong SAR, China	$1.4B	144.7%
98th	Argentina	$1.7B	2,153.5%
99th	Iraq	$3.8B	190.2%
100th	Japan	$3.9B	1,336.2%
101st	Switzerland	$4.0B	18.0%
102nd	Netherlands	$5.5B	5.2%
103rd	Kuwait	$6.0B	-9.0%
104th	Iran, Islamic Republic of	$6.1B	120.3%
105th	Saudi Arabia	$22.7B	-5.9%

FAQ

What was Faroe Islands's trade balance in 1976?▾

Faroe Islands's trade balance in 1976 was $-26.2M. This ranked 72nd globally.

How did Faroe Islands's trade balance change in 1976?▾

Faroe Islands's trade balance increased by 19.7% in 1976 compared to 1975.

Which country had the highest trade balance in 1976?▾

Saudi Arabia had the highest trade balance in 1976 at $22.7B.

What is the trade balance of Faroe Islands in 1976?▾

The trade balance of Faroe Islands in 1976 was $-26.2M. This ranked 72nd globally.

How does 1976 compare to 1975 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-32.6M in 1975 to $-26.2M in 1976, a 19.7% increase.

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