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Faroe Islands - Trade Balance 2006

Name: Faroe Islands Trade Balance 2006
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-278.4M +$18.5M from 2005 Global rank: 86th

Faroe Islands's trade balance was $-278.4M in 2006, increased +$18.5M from $-296.9M in 2005. This was the 86th highest globally.

Global Ranking - 2006▾

Trade Balance by Country - 2006
Rank	Country	Value	YoY
1st	United States	$-786.5B	-6.3%
2nd	Spain	$-72.1B	-29.7%
3rd	United Kingdom	$-51.1B	6.0%
4th	India	$-30.0B	-30.9%
5th	Greece	$-25.7B	-26.8%
6th	Türkiye	$-20.1B	-91.1%
7th	Portugal	$-16.4B	5.6%
8th	Italy	$-16.0B	-771.8%
9th	Romania	$-14.8B	-46.2%
10th	Mexico	$-14.0B	3.9%
11th	Australia	$-13.9B	26.5%
12th	Pakistan	$-12.9B	-64.9%
13th	Poland	$-8.2B	-113.1%
14th	Colombia	$-6.8B	-33.6%
15th	Bulgaria	$-5.9B	-34.2%
16th	Serbia	$-5.9B	-23.2%
17th	Guatemala	$-5.1B	-18.2%
18th	Jordan	$-5.1B	2.0%
19th	South Africa	$-4.8B	-624.3%
20th	Latvia	$-4.5B	-83.2%
21st	Lebanon	$-4.4B	-4.4%
22nd	Croatia	$-4.2B	-6.8%
23rd	Morocco	$-4.1B	-8.5%
24th	Bangladesh	$-3.9B	0.5%
25th	Bosnia and Herzegovina	$-3.5B	12.4%
26th	El Salvador	$-3.5B	-22.4%
27th	Ghana	$-3.2B	-17.0%
28th	Sri Lanka	$-3.1B	-42.7%
29th	Lithuania	$-3.1B	-64.3%
30th	Ukraine	$-3.1B	-523.7%
31st	West Bank and Gaza	$-2.9B	-3.4%
32nd	Iceland	$-2.9B	-47.7%
33rd	Dominican Republic	$-2.8B	-55.2%
34th	Sudan	$-2.7B	-11.2%
35th	Kenya	$-2.4B	-71.2%
36th	Honduras	$-2.3B	-27.3%
37th	Albania	$-2.1B	-6.0%
38th	Viet Nam	$-1.9B	0.0%
39th	Georgia	$-1.9B	-62.2%
40th	Hungary	$-1.9B	44.1%
41st	Senegal	$-1.8B	-8.6%
42nd	Egypt, Arab Republic of	$-1.7B	14.4%
43rd	Estonia	$-1.7B	-140.7%
44th	Slovak Republic	$-1.7B	20.2%
45th	Nicaragua	$-1.7B	-15.9%
46th	Nepal	$-1.6B	-33.4%
47th	Moldova	$-1.6B	-30.7%
48th	Belarus	$-1.5B	-817.7%
49th	Haiti	$-1.5B	-16.4%
50th	New Caledonia	$-1.4B	-19.3%
51st	Uganda	$-1.3B	-32.8%
52nd	North Macedonia	$-1.2B	-14.6%
53rd	Bahamas, The	$-1.1B	-191.5%
54th	Tanzania	$-1.1B	-100.9%
55th	Guam	$-1.1B	-21.1%
56th	Mozambique	$-1.1B	25.7%
57th	Armenia	$-1.1B	-40.6%
58th	Kyrgyz Republic	$-1.1B	-132.7%
59th	Montenegro	$-1.0B	-153.7%
60th	French Polynesia	$-946.6M	7.6%
61st	Cambodia	$-918.9M	-13.4%
62nd	Guinea	$-917.3M	-9,497.7%
63rd	Burkina Faso	$-863.8M	3.0%
64th	Costa Rica	$-723.8M	-57.5%
65th	Mauritius	$-718.3M	-113.0%
66th	Tajikistan	$-703.1M	-64.3%
67th	Congo, Democratic Republic of	$-659.6M	-11.1%
68th	Tunisia	$-647.6M	-419.0%
69th	Zimbabwe	$-594.0M	-15.3%
70th	Cyprus	$-589.1M	-499.8%
71st	Panama	$-575.5M	-26.3%
72nd	Israel	$-575.2M	43.0%
73rd	Madagascar	$-456.0M	25.8%
74th	Curaçao	$-436.8M	-17.0%
75th	New Zealand	$-430.6M	74.1%
76th	Niger	$-418.1M	-0.1%
77th	Togo	$-382.5M	-7.1%
78th	Eritrea	$-381.1M	28.9%
79th	Rwanda	$-380.3M	-0.9%
80th	Timor-Leste	$-364.9M	-30.7%
81st	France	$-314.8M	-102.8%
82nd	Cabo Verde	$-305.2M	-9.0%
83rd	Mali	$-294.2M	42.2%
84th	Aruba	$-292.8M	-39.4%
85th	Greenland	$-283.6M	12.8%
86th	Faroe Islands	$-278.4M	6.2%
87th	Malta	$-275.1M	52.7%
88th	Uruguay	$-271.8M	-181.1%
89th	Benin	$-257.4M	-84.1%
90th	Lao PDR	$-195.3M	48.5%
91st	Guinea-Bissau	$-177.8M	-48.9%
92nd	Micronesia, Federated States of	$-150.0M	-1.4%
93rd	American Samoa	$-143.0M	-19.2%
94th	Comoros	$-124.5M	-5.1%
95th	Seychelles	$-123.3M	25.3%
96th	Samoa	$-116.2M	-27.2%
97th	Central African Republic	$-113.5M	-1.7%
98th	Tonga	$-108.8M	-2.6%
99th	Sierra Leone	$-100.1M	66.9%
100th	Solomon Islands	$-96.7M	-46.0%
101st	Marshall Islands	$-88.9M	-8.8%
102nd	Gambia, The	$-87.5M	16.6%
103rd	Kiribati	$-82.7M	23.8%
104th	Palau	$-68.5M	-8.6%
105th	Bhutan	$-42.7M	80.1%
106th	Vanuatu	$-30.7M	17.3%
107th	Slovenia	$-18.9M	91.8%
108th	Belize	$75.1M	431.2%
109th	Mauritania	$76.0M	107.5%
110th	Northern Mariana Islands	$77.0M	-57.7%
111th	Yemen, Republic of	$84.1M	-90.0%
112th	Cuba	$116.7M	-89.8%
113th	Suriname	$192.4M	-
114th	Mongolia	$203.4M	266.4%
115th	Cameroon	$262.2M	365.2%
116th	Namibia	$312.0M	3,047.6%
117th	Côte d'Ivoire	$503.5M	123.5%
118th	Virgin Islands (US)	$703.0M	-28.4%
119th	Zambia	$935.0M	1,246.4%
120th	Uzbekistan	$962.9M	10.5%
121st	Bolivia, Plurinational State of	$1.0B	212.6%
122nd	Paraguay	$1.1B	-3.4%
123rd	Chad	$1.2B	20.5%
124th	Syrian Arab Republic	$1.3B	128.8%
125th	Botswana	$1.7B	-2.3%
126th	Turkmenistan	$1.8B	204.7%
127th	Philippines	$2.1B	240.7%
128th	Congo, Republic of	$2.4B	16.9%
129th	Ecuador	$2.5B	91.4%
130th	Gabon	$3.4B	-2.9%
131st	Bahrain	$4.1B	31.9%
132nd	Macao SAR, China	$4.2B	6.9%
133rd	Czechia	$4.3B	33.2%
134th	Equatorial Guinea	$4.7B	29.2%
135th	Brunei Darussalam	$4.9B	30.8%
136th	Korea	$5.7B	-72.1%
137th	Azerbaijan	$5.8B	337.8%
138th	Thailand	$7.2B	464.6%
139th	Iraq	$8.1B	329.2%
140th	Peru	$8.2B	70.7%
141st	Kazakhstan	$8.5B	72.6%
142nd	Finland	$9.0B	11.2%
143rd	Oman	$9.1B	7.8%
144th	Denmark	$11.2B	-21.3%
145th	Austria	$12.1B	19.3%
146th	Luxembourg	$12.7B	43.0%
147th	Argentina	$13.1B	10.7%
148th	Qatar	$16.5B	4.5%
149th	Belgium	$16.5B	6.0%
150th	Angola	$17.1B	86.4%
151st	Iran, Islamic Republic of	$17.5B	24.7%
152nd	Puerto Rico (US)	$17.5B	-0.8%
153rd	Ireland	$18.7B	-18.9%
154th	Indonesia	$19.7B	66.5%
155th	Chile	$21.6B	112.8%
156th	Hong Kong SAR, China	$21.6B	-2.6%
157th	Libya	$27.6B	59.5%
158th	Sweden	$29.0B	14.0%
159th	Brazil	$30.0B	-1.1%
160th	Switzerland	$30.8B	35.2%
161st	Algeria	$31.5B	34.5%
162nd	Malaysia	$35.5B	12.6%
163rd	Canada	$36.3B	-21.7%
164th	United Arab Emirates	$39.5B	40.0%
165th	Kuwait	$42.0B	45.6%
166th	Singapore	$45.6B	19.5%
167th	Japan	$59.7B	-11.8%
168th	Norway	$60.4B	18.7%
169th	Netherlands	$67.1B	9.4%
170th	Saudi Arabia	$112.0B	6.1%
171st	Russian Federation	$126.0B	20.4%
172nd	Germany	$157.8B	10.1%
173rd	China	$208.9B	67.6%

FAQ

What was Faroe Islands's trade balance in 2006?▾

Faroe Islands's trade balance in 2006 was $-278.4M. This ranked 86th globally.

How did Faroe Islands's trade balance change in 2006?▾

Faroe Islands's trade balance increased by 6.2% in 2006 compared to 2005.

Which country had the highest trade balance in 2006?▾

China had the highest trade balance in 2006 at $208.9B.

What is the trade balance of Faroe Islands in 2006?▾

The trade balance of Faroe Islands in 2006 was $-278.4M. This ranked 86th globally.

How does 2006 compare to 2005 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-296.9M in 2005 to $-278.4M in 2006, a 6.2% increase.

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