Faroe Islands - Trade Balance 2004
$-103.7M
+$117.3M from 2003
Faroe Islands's trade balance was $-103.7M in 2004, increased +$117.3M from $-221.0M in 2003. This was the 93rd highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-634.1B | -21.5% |
| 2nd | United Kingdom | $-56.4B | -28.3% |
| 3rd | Spain | $-39.6B | -97.9% |
| 4th | Greece | $-20.2B | -1.2% |
| 5th | Australia | $-16.5B | -69.0% |
| 6th | Mexico | $-15.0B | -41.3% |
| 7th | Portugal | $-14.9B | -40.9% |
| 8th | India | $-12.7B | -199.1% |
| 9th | Poland | $-7.3B | -22.4% |
| 10th | Romania | $-6.9B | -52.9% |
| 11th | Serbia | $-6.3B | -87.2% |
| 12th | Viet Nam | $-6.2B | -41.8% |
| 13th | Türkiye | $-5.3B | -7,992.6% |
| 14th | Hungary | $-4.7B | -33.6% |
| 15th | Lebanon | $-4.4B | -6.6% |
| 16th | Bosnia and Herzegovina | $-3.7B | -11.5% |
| 17th | Guatemala | $-3.6B | -14.8% |
| 18th | Croatia | $-3.6B | 2.3% |
| 19th | Jordan | $-3.5B | -61.5% |
| 20th | Philippines | $-3.3B | -27.8% |
| 21st | Morocco | $-3.2B | -85.6% |
| 22nd | Bangladesh | $-3.0B | -3.0% |
| 23rd | Bulgaria | $-2.9B | -35.5% |
| 24th | Iraq | $-2.8B | -2,433.3% |
| 25th | Colombia | $-2.7B | 14.6% |
| 26th | Pakistan | $-2.6B | -619.6% |
| 27th | West Bank and Gaza | $-2.5B | -26.9% |
| 28th | El Salvador | $-2.5B | -13.6% |
| 29th | Latvia | $-2.2B | -50.0% |
| 30th | Azerbaijan | $-2.1B | -21.3% |
| 31st | Ghana | $-1.9B | -53.9% |
| 32nd | Sri Lanka | $-1.8B | -60.1% |
| 33rd | Honduras | $-1.7B | -42.7% |
| 34th | Albania | $-1.6B | -14.3% |
| 35th | Lithuania | $-1.6B | -46.9% |
| 36th | Senegal | $-1.6B | -23.5% |
| 37th | Mozambique | $-1.5B | 5.2% |
| 38th | Belarus | $-1.5B | -115.8% |
| 39th | Iran, Islamic Republic of | $-1.5B | 32.3% |
| 40th | Nicaragua | $-1.2B | -10.5% |
| 41st | North Macedonia | $-1.1B | -41.9% |
| 42nd | Egypt, Arab Republic of | $-1.1B | 48.4% |
| 43rd | Haiti | $-1.0B | -9.6% |
| 44th | Kenya | $-1.0B | -13.4% |
| 45th | Estonia | $-949.8M | -13.8% |
| 46th | Guam | $-939.0M | 8.2% |
| 47th | Nepal | $-929.7M | -14.3% |
| 48th | Slovak Republic | $-877.4M | -321.1% |
| 49th | New Caledonia | $-860.3M | 15.3% |
| 50th | Georgia | $-860.2M | -46.4% |
| 51st | Uganda | $-799.2M | 12.4% |
| 52nd | Israel | $-793.2M | 59.9% |
| 53rd | Tunisia | $-788.7M | 16.1% |
| 54th | Moldova | $-787.6M | -18.9% |
| 55th | Iceland | $-775.9M | -129.7% |
| 56th | Burkina Faso | $-747.9M | -32.3% |
| 57th | Mauritania | $-677.6M | -93.5% |
| 58th | Eritrea | $-599.1M | -12.6% |
| 59th | Armenia | $-596.9M | -11.4% |
| 60th | Cambodia | $-571.5M | 2.5% |
| 61st | Panama | $-544.8M | -300.4% |
| 62nd | Madagascar | $-499.4M | -18.0% |
| 63rd | Slovenia | $-498.0M | -429.4% |
| 64th | Sudan | $-488.0M | -18.1% |
| 65th | Mali | $-414.5M | -29.9% |
| 66th | Zimbabwe | $-412.3M | -27.1% |
| 67th | Timor-Leste | $-407.2M | 23.5% |
| 68th | Congo, Democratic Republic of | $-399.3M | 25.9% |
| 69th | Lao PDR | $-384.7M | -40.1% |
| 70th | Malta | $-347.6M | -75.2% |
| 71st | Cabo Verde | $-347.4M | -18.5% |
| 72nd | Togo | $-342.2M | -28.2% |
| 73rd | Montenegro | $-333.1M | -19.1% |
| 74th | South Africa | $-328.8M | -107.9% |
| 75th | Niger | $-317.6M | -36.9% |
| 76th | Rwanda | $-301.2M | -2.4% |
| 77th | Sierra Leone | $-286.6M | 26.8% |
| 78th | Tanzania | $-253.2M | -533.9% |
| 79th | Zambia | $-232.2M | 56.7% |
| 80th | Tajikistan | $-225.2M | -47.6% |
| 81st | Bhutan | $-218.8M | -39.1% |
| 82nd | Mongolia | $-194.3M | 21.9% |
| 83rd | Kyrgyz Republic | $-192.5M | -52.7% |
| 84th | Benin | $-178.0M | 23.1% |
| 85th | Greenland | $-174.6M | 4.3% |
| 86th | Costa Rica | $-156.5M | 54.3% |
| 87th | Micronesia, Federated States of | $-151.0M | -7.1% |
| 88th | Namibia | $-149.8M | 66.6% |
| 89th | Cameroon | $-139.8M | 36.1% |
| 90th | Mauritius | $-119.9M | -208.7% |
| 91st | Comoros | $-112.6M | -13.9% |
| 92nd | American Samoa | $-110.0M | -80.3% |
| 93rd | Faroe Islands | $-103.7M | 53.1% |
| 94th | Guinea-Bissau | $-100.9M | -28.6% |
| 95th | Gambia, The | $-84.1M | -158.9% |
| 96th | Tonga | $-80.4M | -15.4% |
| 97th | Kiribati | $-80.2M | -17.1% |
| 98th | Guyana | $-75.6M | -3.8% |
| 99th | Marshall Islands | $-71.0M | 4.3% |
| 100th | Aruba | $-69.9M | 53.4% |
| 101st | Central African Republic | $-66.8M | -2,527.8% |
| 102nd | Solomon Islands | $-61.1M | -22.3% |
| 103rd | Samoa | $-58.7M | -25.1% |
| 104th | Guinea | $-43.3M | -262.8% |
| 105th | Seychelles | $-33.7M | -172.3% |
| 106th | Vanuatu | $-27.4M | -73.7% |
| 107th | Belize | $-25.4M | 62.8% |
| 108th | Cyprus | $-21.5M | -109.7% |
| 109th | Turkmenistan | $4.6M | -96.1% |
| 110th | Chad | $11.0M | 101.2% |
| 111th | Bahamas, The | $38.8M | -21.5% |
| 112th | Yemen, Republic of | $127.3M | 171.9% |
| 113th | Dominican Republic | $210.6M | 785.7% |
| 114th | Cuba | $279.7M | 214.0% |
| 115th | Northern Mariana Islands | $281.0M | -18.3% |
| 116th | New Zealand | $298.5M | -80.8% |
| 117th | Uruguay | $376.1M | 0.5% |
| 118th | Bolivia, Plurinational State of | $422.2M | 781.7% |
| 119th | Côte d'Ivoire | $508.8M | -43.3% |
| 120th | Papua New Guinea | $520.2M | -4.4% |
| 121st | Virgin Islands (US) | $685.0M | 26.2% |
| 122nd | Syrian Arab Republic | $698.2M | 11.5% |
| 123rd | Botswana | $737.2M | -17.0% |
| 124th | Ecuador | $747.8M | 82.1% |
| 125th | Czechia | $750.9M | 149.4% |
| 126th | Uzbekistan | $840.2M | 37.8% |
| 127th | Paraguay | $1.1B | 7.2% |
| 128th | Congo, Republic of | $1.4B | 728.6% |
| 129th | Bahrain | $2.2B | 22.0% |
| 130th | Gabon | $2.2B | 43.4% |
| 131st | Peru | $2.6B | 992.2% |
| 132nd | Brunei Darussalam | $2.6B | 32.8% |
| 133rd | Oman | $3.1B | -15.6% |
| 134th | Angola | $3.2B | 249.2% |
| 135th | Kazakhstan | $3.7B | 123.9% |
| 136th | Macao SAR, China | $4.3B | 50.1% |
| 137th | Ukraine | $5.0B | 283.8% |
| 138th | Luxembourg | $7.8B | 26.9% |
| 139th | Thailand | $7.8B | -19.0% |
| 140th | Austria | $8.9B | 22.8% |
| 141st | Chile | $9.4B | 177.3% |
| 142nd | Libya | $10.4B | 64.7% |
| 143rd | Italy | $10.6B | 48.1% |
| 144th | Argentina | $11.5B | -19.4% |
| 145th | Indonesia | $12.0B | -30.4% |
| 146th | Qatar | $12.0B | 54.1% |
| 147th | Finland | $12.4B | 9.5% |
| 148th | Algeria | $14.2B | 42.2% |
| 149th | Denmark | $14.2B | -4.2% |
| 150th | Kuwait | $14.6B | 72.8% |
| 151st | Hong Kong SAR, China | $14.7B | 0.3% |
| 152nd | United Arab Emirates | $15.5B | 30.9% |
| 153rd | Puerto Rico (US) | $16.2B | -24.5% |
| 154th | Belgium | $18.1B | 6.0% |
| 155th | Brazil | $22.8B | 84.2% |
| 156th | Malaysia | $25.4B | 17.1% |
| 157th | Sweden | $25.8B | 44.4% |
| 158th | Korea | $27.1B | 154.0% |
| 159th | Ireland | $27.9B | 11.9% |
| 160th | France | $28.0B | -9.0% |
| 161st | Switzerland | $28.6B | 54.7% |
| 162nd | Singapore | $30.3B | 11.2% |
| 163rd | Norway | $35.9B | 20.3% |
| 164th | Canada | $45.8B | 31.5% |
| 165th | China | $51.2B | 42.9% |
| 166th | Netherlands | $54.4B | 30.3% |
| 167th | Saudi Arabia | $69.6B | 47.4% |
| 168th | Russian Federation | $72.4B | 48.0% |
| 169th | Japan | $93.4B | 28.7% |
| 170th | Germany | $141.6B | 54.3% |
FAQ
What was Faroe Islands's trade balance in 2004?▾
Faroe Islands's trade balance in 2004 was $-103.7M. This ranked 93rd globally.
How did Faroe Islands's trade balance change in 2004?▾
Faroe Islands's trade balance increased by 53.1% in 2004 compared to 2003.
Which country had the highest trade balance in 2004?▾
Germany had the highest trade balance in 2004 at $141.6B.
What is the trade balance of Faroe Islands in 2004?▾
The trade balance of Faroe Islands in 2004 was $-103.7M. This ranked 93rd globally.
How does 2004 compare to 2003 for Faroe Islands's trade balance?▾
Faroe Islands's trade balance went from $-221.0M in 2003 to $-103.7M in 2004, a 53.1% increase.
Related
2003
2005
All years
Full ranking 2004
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 2017
Lowest: 2007
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
Highest ever
Lowest ever
Average
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