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Faroe Islands - Trade Balance 2002

Name: Faroe Islands Trade Balance 2002
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-6.3M +$14.3M from 2001 Global rank: 104th

Faroe Islands's trade balance was $-6.3M in 2002, increased +$14.3M from $-20.6M in 2001. This was the 104th highest globally.

Global Ranking - 2002▾

Trade Balance by Country - 2002
Rank	Country	Value	YoY
1st	United States	$-439.7B	-16.7%
2nd	United Kingdom	$-42.5B	-47.8%
3rd	Spain	$-14.0B	1.4%
4th	Greece	$-14.0B	-0.3%
5th	Mexico	$-12.2B	7.5%
6th	Portugal	$-11.0B	11.5%
7th	Poland	$-7.1B	1.8%
8th	India	$-5.0B	-18.6%
9th	Israel	$-4.7B	-10.6%
10th	Egypt, Arab Republic of	$-3.7B	20.9%
11th	Lebanon	$-3.6B	16.0%
12th	Colombia	$-3.3B	-6.9%
13th	Philippines	$-3.2B	-58.1%
14th	Serbia	$-2.9B	-45.2%
15th	Guatemala	$-2.8B	-13.7%
16th	Bosnia and Herzegovina	$-2.7B	-12.1%
17th	Romania	$-2.6B	16.0%
18th	Viet Nam	$-2.5B	-322.7%
19th	Croatia	$-2.5B	-110.3%
20th	Bangladesh	$-2.3B	21.1%
21st	Slovak Republic	$-2.3B	0.9%
22nd	Chad	$-2.0B	-236.8%
23rd	Dominican Republic	$-2.0B	-14.6%
24th	El Salvador	$-1.9B	3.3%
25th	Jordan	$-1.8B	18.1%
26th	Mozambique	$-1.8B	-147.3%
27th	West Bank and Gaza	$-1.8B	15.6%
28th	Hungary	$-1.4B	-104.2%
29th	Bulgaria	$-1.3B	1.0%
30th	Albania	$-1.2B	-23.9%
31st	Morocco	$-1.1B	3.7%
32nd	Czechia	$-1.1B	-23.7%
33rd	Sri Lanka	$-1.1B	-9.6%
34th	Nicaragua	$-1.1B	-0.1%
35th	Honduras	$-985.1M	2.3%
36th	Senegal	$-974.6M	-4.6%
37th	Latvia	$-967.9M	-11.6%
38th	Ecuador	$-911.1M	-330.9%
39th	Guam	$-894.0M	-
40th	Tunisia	$-873.0M	-1.0%
41st	Uganda	$-855.8M	-19.2%
42nd	Lithuania	$-810.4M	-21.0%
43rd	Timor-Leste	$-773.6M	-8.9%
44th	Haiti	$-767.7M	10.3%
45th	North Macedonia	$-760.7M	-56.8%
46th	Ghana	$-755.8M	27.4%
47th	New Caledonia	$-748.8M	-9.3%
48th	Kenya	$-706.9M	46.0%
49th	Nepal	$-650.9M	-1.5%
50th	Pakistan	$-590.6M	73.9%
51st	Cuba	$-562.7M	38.6%
52nd	Belarus	$-546.9M	-24.7%
53rd	Estonia	$-545.7M	-120.7%
54th	Sudan	$-509.0M	-176.3%
55th	Burkina Faso	$-492.0M	-13.6%
56th	Bolivia, Plurinational State of	$-480.8M	-11.8%
57th	Azerbaijan	$-454.1M	-290.3%
58th	Georgia	$-447.2M	3.6%
59th	Zambia	$-446.6M	24.5%
60th	Cambodia	$-445.2M	-14.1%
61st	Armenia	$-435.4M	4.7%
62nd	Sierra Leone	$-417.4M	-23.9%
63rd	Moldova	$-414.0M	-14.6%
64th	Eritrea	$-386.7M	-1.9%
65th	Peru	$-383.2M	60.4%
66th	Madagascar	$-350.6M	-620.5%
67th	Costa Rica	$-325.8M	-1,340.4%
68th	Montenegro	$-315.0M	-15.2%
69th	Cameroon	$-311.6M	-171.0%
70th	Rwanda	$-299.8M	-4.0%
71st	Mongolia	$-238.3M	-23.8%
72nd	Cabo Verde	$-223.4M	-21.9%
73rd	Togo	$-210.5M	3.1%
74th	Zimbabwe	$-199.3M	-245.4%
75th	Niger	$-194.7M	-30.3%
76th	Benin	$-181.0M	42.1%
77th	Lao PDR	$-171.4M	4.5%
78th	Tajikistan	$-159.5M	-42.3%
79th	Bhutan	$-136.7M	-33.7%
80th	Micronesia, Federated States of	$-130.0M	5.8%
81st	Mauritania	$-128.6M	23.5%
82nd	Guyana	$-88.0M	10.6%
83rd	Aruba	$-80.5M	-364.8%
84th	Guinea-Bissau	$-78.3M	30.8%
85th	Yemen, Republic of	$-77.9M	-187.7%
86th	Comoros	$-77.3M	-14.7%
87th	Guinea	$-73.5M	-80.5%
88th	Belize	$-72.6M	34.0%
89th	Namibia	$-69.6M	69.8%
90th	Tonga	$-68.2M	-5.6%
91st	Kiribati	$-65.4M	-26.5%
92nd	Marshall Islands	$-62.9M	24.3%
93rd	Kyrgyz Republic	$-60.3M	-1,228.7%
94th	Mali	$-55.2M	80.3%
95th	Samoa	$-55.1M	-
96th	Panama	$-46.9M	-121.1%
97th	American Samoa	$-44.0M	-
98th	Central African Republic	$-41.7M	17.5%
99th	Gambia, The	$-30.8M	-36.3%
100th	Seychelles	$-26.5M	73.1%
101st	Vanuatu	$-18.6M	39.2%
102nd	Kazakhstan	$-12.4M	94.7%
103rd	Solomon Islands	$-7.3M	82.3%
104th	Faroe Islands	$-6.3M	69.4%
105th	Australia	$16.7M	-94.9%
106th	Papua New Guinea	$87.4M	-78.3%
107th	Malta	$111.9M	162.3%
108th	Cyprus	$133.5M	-71.9%
109th	Iceland	$148.9M	312.0%
110th	Tanzania	$150.3M	411.3%
111th	Mauritius	$164.3M	-42.5%
112th	Uruguay	$165.2M	129.3%
113th	Congo, Democratic Republic of	$176.8M	322.9%
114th	Bahamas, The	$184.1M	150.8%
115th	Slovenia	$232.8M	207.1%
116th	Uzbekistan	$279.6M	-4.7%
117th	Turkmenistan	$317.6M	799.8%
118th	Virgin Islands (US)	$381.0M	-
119th	Northern Mariana Islands	$387.0M	-
120th	Botswana	$678.7M	26.3%
121st	Congo, Republic of	$836.7M	24.1%
122nd	Iran, Islamic Republic of	$842.7M	134.4%
123rd	Gabon	$1.1B	-12.8%
124th	Paraguay	$1.1B	51.3%
125th	Côte d'Ivoire	$1.2B	301.3%
126th	Brunei Darussalam	$1.3B	-15.7%
127th	Bahrain	$1.3B	-26.5%
128th	Chile	$1.4B	28.6%
129th	Angola	$1.5B	-
130th	Syrian Arab Republic	$1.6B	25.4%
131st	Ukraine	$1.9B	245.8%
132nd	New Zealand	$2.0B	3.6%
133rd	Libya	$2.2B	-35.3%
134th	Macao SAR, China	$2.5B	13.2%
135th	Kuwait	$3.1B	-44.5%
136th	Oman	$4.3B	-1.9%
137th	Brazil	$4.3B	135.0%
138th	South Africa	$4.4B	-8.6%
139th	Luxembourg	$5.2B	12.6%
140th	Türkiye	$5.8B	-37.8%
141st	Algeria	$6.0B	-26.9%
142nd	Qatar	$6.2B	-3.4%
143rd	United Arab Emirates	$6.5B	-25.4%
144th	Korea	$7.0B	-5.7%
145th	Iraq	$7.0B	416.6%
146th	Austria	$7.9B	135.9%
147th	Thailand	$8.5B	13.2%
148th	Italy	$9.7B	-34.5%
149th	Denmark	$12.2B	4.0%
150th	Indonesia	$12.3B	-7.2%
151st	Finland	$12.6B	5.1%
152nd	Hong Kong SAR, China	$13.6B	70.8%
153rd	Sweden	$14.0B	10.4%
154th	Belgium	$14.4B	66.9%
155th	Argentina	$14.7B	318.1%
156th	Switzerland	$16.5B	32.0%
157th	Singapore	$17.1B	15.1%
158th	Malaysia	$17.4B	7.5%
159th	Puerto Rico (US)	$18.2B	2.5%
160th	Ireland	$22.1B	29.4%
161st	Norway	$26.3B	-10.2%
162nd	Saudi Arabia	$32.8B	13.4%
163rd	Canada	$33.5B	-20.9%
164th	France	$34.8B	28.9%
165th	Netherlands	$35.5B	12.8%
166th	Russian Federation	$37.2B	-4.2%
167th	China	$37.4B	33.1%
168th	Japan	$52.9B	103.4%
169th	Germany	$85.1B	177.2%

FAQ

What was Faroe Islands's trade balance in 2002?▾

Faroe Islands's trade balance in 2002 was $-6.3M. This ranked 104th globally.

How did Faroe Islands's trade balance change in 2002?▾

Faroe Islands's trade balance increased by 69.4% in 2002 compared to 2001.

Which country had the highest trade balance in 2002?▾

Germany had the highest trade balance in 2002 at $85.1B.

What is the trade balance of Faroe Islands in 2002?▾

The trade balance of Faroe Islands in 2002 was $-6.3M. This ranked 104th globally.

How does 2002 compare to 2001 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-20.6M in 2001 to $-6.3M in 2002, a 69.4% increase.

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