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Faroe Islands - Trade Balance 2007

Name: Faroe Islands Trade Balance 2007
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-356.6M −$78.3M from 2006 Global rank: 86th

Faroe Islands's trade balance was $-356.6M in 2007, decreased +$78.3M from $-278.4M in 2006. This was the 86th highest globally.

Global Ranking - 2007▾

Trade Balance by Country - 2007
Rank	Country	Value	YoY
1st	United States	$-735.9B	6.4%
2nd	Spain	$-85.4B	-18.3%
3rd	United Kingdom	$-60.0B	-17.5%
4th	India	$-49.7B	-65.9%
5th	Greece	$-34.7B	-34.8%
6th	Türkiye	$-25.0B	-24.4%
7th	Romania	$-24.6B	-66.0%
8th	Mexico	$-18.7B	-33.5%
9th	Portugal	$-18.2B	-11.2%
10th	Poland	$-16.3B	-98.1%
11th	Australia	$-14.0B	-1.2%
12th	Pakistan	$-13.9B	-7.8%
13th	France	$-11.6B	-3,574.3%
14th	Viet Nam	$-10.5B	-449.6%
15th	Serbia	$-9.1B	-54.9%
16th	Colombia	$-8.7B	-28.9%
17th	Bulgaria	$-8.4B	-42.3%
18th	Ukraine	$-8.1B	-164.9%
19th	Italy	$-7.5B	53.1%
20th	Morocco	$-7.4B	-79.8%
21st	Jordan	$-6.4B	-25.4%
22nd	Egypt, Arab Republic of	$-6.0B	-243.4%
23rd	Latvia	$-5.9B	-32.9%
24th	Lebanon	$-5.9B	-34.2%
25th	Guatemala	$-5.7B	-11.6%
26th	Lithuania	$-5.2B	-68.0%
27th	Croatia	$-4.9B	-18.2%
28th	Bangladesh	$-4.7B	-22.1%
29th	Bosnia and Herzegovina	$-4.6B	-31.8%
30th	El Salvador	$-4.5B	-30.5%
31st	Ghana	$-4.0B	-27.5%
32nd	South Africa	$-4.0B	15.8%
33rd	Honduras	$-3.5B	-51.1%
34th	Dominican Republic	$-3.4B	-22.2%
35th	Sri Lanka	$-3.4B	-7.9%
36th	West Bank and Gaza	$-3.2B	-9.2%
37th	Kenya	$-3.2B	-34.3%
38th	Albania	$-2.9B	-34.4%
39th	Belarus	$-2.8B	-84.0%
40th	Georgia	$-2.7B	-45.3%
41st	Senegal	$-2.5B	-39.0%
42nd	Israel	$-2.5B	-341.6%
43rd	Moldova	$-2.3B	-42.7%
44th	Tajikistan	$-2.0B	-184.7%
45th	Nicaragua	$-2.0B	-19.2%
46th	Estonia	$-2.0B	-14.7%
47th	Nepal	$-1.9B	-20.6%
48th	Iceland	$-1.9B	33.4%
49th	Armenia	$-1.9B	-77.4%
50th	Tanzania	$-1.8B	-66.0%
51st	Haiti	$-1.6B	-10.5%
52nd	Uganda	$-1.6B	-21.5%
53rd	Yemen, Republic of	$-1.6B	-1,984.5%
54th	Montenegro	$-1.6B	-56.7%
55th	New Caledonia	$-1.5B	-8.7%
56th	Guinea	$-1.5B	-64.5%
57th	North Macedonia	$-1.5B	-27.9%
58th	Guam	$-1.5B	-38.2%
59th	Costa Rica	$-1.4B	-96.6%
60th	Kyrgyz Republic	$-1.2B	-12.3%
61st	Cambodia	$-1.2B	-25.9%
62nd	Cyprus	$-1.1B	-93.6%
63rd	French Polynesia	$-1.1B	-17.0%
64th	Mozambique	$-1.0B	4.4%
65th	Panama	$-1.0B	-77.6%
66th	Congo, Republic of	$-1.0B	-143.1%
67th	Burkina Faso	$-997.6M	-15.5%
68th	Lesotho	$-984.9M	-132.1%
69th	Madagascar	$-947.1M	-107.7%
70th	Bahamas, The	$-831.3M	25.2%
71st	Mauritius	$-749.1M	-4.3%
72nd	Tunisia	$-740.5M	-14.3%
73rd	Mali	$-713.0M	-142.4%
74th	Slovenia	$-638.8M	-3,273.5%
75th	Curaçao	$-631.4M	-44.5%
76th	Timor-Leste	$-590.4M	-61.8%
77th	Niger	$-537.0M	-28.4%
78th	Greenland	$-507.6M	-79.0%
79th	Lao PDR	$-506.1M	-159.2%
80th	Togo	$-471.1M	-23.2%
81st	Namibia	$-465.7M	-249.3%
82nd	Zimbabwe	$-455.5M	23.3%
83rd	Cabo Verde	$-440.7M	-44.4%
84th	Benin	$-410.7M	-59.6%
85th	Sudan	$-358.0M	86.8%
86th	Faroe Islands	$-356.6M	-28.1%
87th	Rwanda	$-351.5M	7.6%
88th	Congo, Democratic Republic of	$-334.5M	49.3%
89th	Eritrea	$-303.3M	20.4%
90th	Aruba	$-263.7M	9.9%
91st	Malta	$-247.1M	10.2%
92nd	Uruguay	$-245.0M	9.8%
93rd	Mauritania	$-218.1M	-386.8%
94th	Guinea-Bissau	$-180.8M	-1.7%
95th	Central African Republic	$-158.9M	-40.0%
96th	Samoa	$-142.1M	-22.3%
97th	Micronesia, Federated States of	$-138.0M	8.0%
98th	Solomon Islands	$-135.2M	-39.9%
99th	Sierra Leone	$-134.8M	-34.7%
100th	Tonga	$-130.7M	-20.1%
101st	Côte d'Ivoire	$-129.1M	-125.7%
102nd	Comoros	$-121.0M	2.8%
103rd	American Samoa	$-120.0M	16.1%
104th	Gambia, The	$-105.3M	-20.3%
105th	Marshall Islands	$-93.8M	-5.5%
106th	Kiribati	$-90.1M	-8.9%
107th	Palau	$-59.4M	13.3%
108th	Vanuatu	$-36.1M	-17.5%
109th	Bhutan	$-27.8M	34.9%
110th	Seychelles	$-13.4M	89.2%
111th	Northern Mariana Islands	$48.0M	-37.7%
112th	Mongolia	$57.1M	-71.9%
113th	Hungary	$60.1M	103.2%
114th	Belize	$88.8M	18.2%
115th	Slovak Republic	$151.1M	108.8%
116th	New Zealand	$166.1M	138.6%
117th	Cameroon	$177.5M	-32.3%
118th	Zambia	$198.3M	-78.8%
119th	Suriname	$201.8M	4.9%
120th	Syrian Arab Republic	$327.5M	-74.6%
121st	Bolivia, Plurinational State of	$987.9M	-4.2%
122nd	Uzbekistan	$1.1B	14.2%
123rd	Chad	$1.3B	6.2%
124th	Paraguay	$1.4B	31.2%
125th	Cuba	$1.5B	1,158.2%
126th	Virgin Islands (US)	$1.5B	109.7%
127th	Botswana	$1.5B	-9.1%
128th	Turkmenistan	$2.2B	19.7%
129th	Ecuador	$3.0B	20.0%
130th	Philippines	$3.7B	77.5%
131st	Gabon	$4.0B	18.5%
132nd	Brunei Darussalam	$4.4B	-9.8%
133rd	Czechia	$4.6B	8.3%
134th	Bahrain	$4.7B	14.3%
135th	Macao SAR, China	$5.0B	18.7%
136th	Equatorial Guinea	$5.6B	21.3%
137th	Kazakhstan	$6.8B	-20.3%
138th	Oman	$6.9B	-23.9%
139th	Peru	$7.5B	-8.7%
140th	Denmark	$8.8B	-21.2%
141st	Korea	$9.3B	63.8%
142nd	Finland	$12.3B	35.9%
143rd	Argentina	$12.6B	-3.6%
144th	Azerbaijan	$13.1B	124.9%
145th	Puerto Rico (US)	$14.7B	-15.7%
146th	Iraq	$15.7B	94.5%
147th	Luxembourg	$16.3B	28.6%
148th	Austria	$17.1B	41.3%
149th	Indonesia	$17.5B	-11.5%
150th	Angola	$18.4B	7.9%
151st	Brazil	$19.0B	-36.5%
152nd	Belgium	$19.5B	18.0%
153rd	Qatar	$19.5B	18.2%
154th	United Arab Emirates	$20.6B	-48.0%
155th	Thailand	$20.7B	186.0%
156th	Ireland	$22.4B	19.6%
157th	Hong Kong SAR, China	$22.6B	4.6%
158th	Chile	$22.9B	6.2%
159th	Iran, Islamic Republic of	$27.3B	56.3%
160th	Sweden	$28.9B	-0.3%
161st	Libya	$30.0B	8.8%
162nd	Algeria	$31.2B	-1.0%
163rd	Canada	$32.0B	-12.0%
164th	Malaysia	$38.5B	8.5%
165th	Kuwait	$40.2B	-4.3%
166th	Switzerland	$48.0B	55.7%
167th	Norway	$56.3B	-6.9%
168th	Singapore	$56.6B	24.0%
169th	Netherlands	$65.1B	-3.0%
170th	Japan	$80.7B	35.0%
171st	Saudi Arabia	$104.0B	-7.1%
172nd	Russian Federation	$112.1B	-11.1%
173rd	Germany	$222.6B	41.1%
174th	China	$308.0B	47.4%

FAQ

What was Faroe Islands's trade balance in 2007?▾

Faroe Islands's trade balance in 2007 was $-356.6M. This ranked 86th globally.

How did Faroe Islands's trade balance change in 2007?▾

Faroe Islands's trade balance decreased by 28.1% in 2007 compared to 2006.

Which country had the highest trade balance in 2007?▾

China had the highest trade balance in 2007 at $308.0B.

What is the trade balance of Faroe Islands in 2007?▾

The trade balance of Faroe Islands in 2007 was $-356.6M. This ranked 86th globally.

How does 2007 compare to 2006 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-278.4M in 2006 to $-356.6M in 2007, a 28.1% decrease.

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