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Faroe Islands - Trade Balance 2015

Name: Faroe Islands Trade Balance 2015
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$21.2M +$1.2M from 2014 Global rank: 122nd

Faroe Islands's trade balance was $21.2M in 2015, increased +$1.2M from $20.0M in 2014. This was the 122nd highest globally.

Global Ranking - 2015▾

Trade Balance by Country - 2015
Rank	Country	Value	YoY
1st	United States	$-524.3B	-3.0%
2nd	India	$-48.3B	20.7%
3rd	United Kingdom	$-40.3B	25.7%
4th	Canada	$-38.4B	-134.6%
5th	Saudi Arabia	$-29.3B	-130.5%
6th	Egypt, Arab Republic of	$-27.9B	-8.4%
7th	Mexico	$-25.3B	-58.3%
8th	Japan	$-24.6B	80.6%
9th	Algeria	$-22.8B	-465.9%
10th	Brazil	$-20.8B	68.2%
11th	Colombia	$-20.7B	-28.9%
12th	Australia	$-20.7B	-356.5%
13th	Pakistan	$-20.2B	-5.2%
14th	Philippines	$-14.5B	-76.4%
15th	Bangladesh	$-14.5B	-28.0%
16th	Lebanon	$-12.8B	17.9%
17th	Türkiye	$-11.4B	54.9%
18th	Jordan	$-8.6B	9.2%
19th	Iran, Islamic Republic of	$-8.1B	-665.8%
20th	Morocco	$-8.1B	41.8%
21st	Kenya	$-7.1B	21.8%
22nd	Argentina	$-6.4B	-400.5%
23rd	Nepal	$-6.4B	-9.3%
24th	Guatemala	$-6.4B	5.1%
25th	Sri Lanka	$-6.1B	-122.2%
26th	Libya	$-6.1B	12.3%
27th	Mozambique	$-5.4B	40.3%
28th	West Bank and Gaza	$-5.4B	-7.0%
29th	Yemen, Republic of	$-5.2B	-128.3%
30th	Peru	$-4.9B	-49.3%
31st	Tunisia	$-4.8B	6.8%
32nd	South Africa	$-4.5B	21.1%
33rd	Congo, Republic of	$-4.4B	-1,293.8%
34th	Ghana	$-4.4B	-8.6%
35th	El Salvador	$-4.1B	4.0%
36th	Uganda	$-3.9B	-93.7%
37th	Syrian Arab Republic	$-3.7B	57.2%
38th	Zimbabwe	$-3.7B	-47.3%
39th	Turkmenistan	$-3.6B	-431.7%
40th	Honduras	$-3.6B	-0.7%
41st	Tanzania	$-3.1B	32.6%
42nd	Dominican Republic	$-3.0B	6.6%
43rd	Namibia	$-3.0B	3.6%
44th	Bosnia and Herzegovina	$-3.0B	29.3%
45th	France	$-2.9B	86.0%
46th	Sudan	$-2.9B	-2.7%
47th	Serbia	$-2.8B	26.5%
48th	Uzbekistan	$-2.8B	19.8%
49th	Angola	$-2.7B	-140.3%
50th	Haiti	$-2.7B	11.5%
51st	Kyrgyz Republic	$-2.7B	27.8%
52nd	Somalia, Fed. Rep.	$-2.6B	-5.8%
53rd	Guinea	$-2.6B	-26.1%
54th	Lao PDR	$-2.6B	-10.8%
55th	Georgia	$-2.5B	14.5%
56th	Tajikistan	$-2.5B	24.1%
57th	Cambodia	$-2.5B	0.6%
58th	Ukraine	$-2.4B	49.2%
59th	Chile	$-2.3B	-342.0%
60th	Congo, Democratic Republic of	$-2.3B	26.8%
61st	Nicaragua	$-2.3B	-16.0%
62nd	Senegal	$-2.3B	23.1%
63rd	Ecuador	$-2.3B	-271.0%
64th	New Caledonia	$-2.1B	9.8%
65th	Mali	$-2.0B	8.8%
66th	Bolivia, Plurinational State of	$-2.0B	-568.9%
67th	Guam	$-2.0B	10.6%
68th	Moldova	$-2.0B	32.5%
69th	Albania	$-2.0B	21.7%
70th	Kosovo	$-1.8B	13.7%
71st	Greece	$-1.7B	46.7%
72nd	North Macedonia	$-1.6B	16.5%
73rd	Rwanda	$-1.6B	-20.2%
74th	Niger	$-1.6B	-4.2%
75th	Romania	$-1.5B	-73.6%
76th	Armenia	$-1.3B	40.4%
77th	Zambia	$-1.2B	-401.5%
78th	Cameroon	$-1.1B	12.7%
79th	Sierra Leone	$-1.1B	-28.2%
80th	Mauritania	$-1.0B	5.8%
81st	Lesotho	$-1.0B	15.0%
82nd	Panama	$-1.0B	62.3%
83rd	Iraq	$-939.7M	-104.6%
84th	Finland	$-929.8M	66.5%
85th	Botswana	$-909.1M	-291.5%
86th	Togo	$-904.0M	-11.9%
87th	French Polynesia	$-873.6M	15.6%
88th	Timor-Leste	$-858.4M	19.4%
89th	Benin	$-833.1M	-160.6%
90th	Burkina Faso	$-813.3M	-17.6%
91st	Montenegro	$-748.8M	17.8%
92nd	Bhutan	$-581.2M	-42.3%
93rd	Madagascar	$-502.6M	25.7%
94th	Mauritius	$-487.0M	32.7%
95th	Costa Rica	$-430.2M	66.5%
96th	Lithuania	$-409.9M	-144.0%
97th	Curaçao	$-346.4M	9.4%
98th	Central African Republic	$-322.4M	13.8%
99th	Latvia	$-313.2M	64.3%
100th	American Samoa	$-237.0M	10.9%
101st	Uruguay	$-214.9M	82.5%
102nd	Tonga	$-207.7M	-15.2%
103rd	Cabo Verde	$-205.4M	40.2%
104th	Greenland	$-198.5M	31.2%
105th	Gambia, The	$-184.4M	-2.8%
106th	Comoros	$-169.4M	25.9%
107th	Samoa	$-167.7M	16.8%
108th	Micronesia, Federated States of	$-162.0M	-20.9%
109th	Kiribati	$-157.0M	2.1%
110th	Vanuatu	$-153.3M	-683.0%
111th	Northern Mariana Islands	$-153.0M	-24.4%
112th	Mongolia	$-149.4M	74.7%
113th	Seychelles	$-104.6M	49.7%
114th	Solomon Islands	$-97.7M	16.7%
115th	Marshall Islands	$-91.9M	2.4%
116th	Palau	$-59.3M	31.4%
117th	Virgin Islands (US)	$-55.0M	79.6%
118th	Guinea-Bissau	$-49.3M	67.8%
119th	Nauru	$-48.3M	-5,356.3%
120th	Belize	$-20.6M	-124.8%
121st	Aruba	$4.5M	102.9%
122nd	Faroe Islands	$21.2M	5.9%
123rd	Eswatini	$56.9M	235.6%
124th	Belarus	$60.2M	109.9%
125th	Croatia	$107.1M	147.0%
126th	Antigua and Barbuda	$163.0M	58.1%
127th	Bahamas, The	$235.0M	136.3%
128th	Maldives	$377.2M	-38.6%
129th	San Marino	$390.9M	-
130th	Bulgaria	$424.5M	164.9%
131st	Djibouti	$545.0M	41.6%
132nd	Cyprus	$549.1M	123.2%
133rd	Estonia	$830.3M	-4.9%
134th	Côte d'Ivoire	$914.2M	-28.9%
135th	Paraguay	$924.9M	24.1%
136th	South Sudan	$930.0M	-45.2%
137th	Chad	$1.1B	7.2%
138th	Malta	$1.2B	-22.0%
139th	Iceland	$1.4B	16.7%
140th	Portugal	$1.5B	328.6%
141st	Azerbaijan	$1.6B	-87.6%
142nd	Slovak Republic	$1.7B	-58.3%
143rd	Bermuda	$1.8B	7.1%
144th	New Zealand	$1.8B	10.9%
145th	Brunei Darussalam	$1.9B	-67.6%
146th	Equatorial Guinea	$1.9B	-68.2%
147th	Viet Nam	$2.2B	-74.8%
148th	Oman	$2.3B	-87.9%
149th	Cuba	$2.3B	-40.8%
150th	Gabon	$2.6B	-7.8%
151st	Belgium	$3.2B	165.8%
152nd	Indonesia	$3.3B	149.4%
153rd	Slovenia	$3.5B	2.4%
154th	Bahrain	$3.5B	-36.5%
155th	Kazakhstan	$7.3B	-75.8%
156th	Hong Kong SAR, China	$7.4B	1,137.4%
157th	Israel	$8.6B	115.2%
158th	Hungary	$9.5B	18.1%
159th	Poland	$9.9B	349.5%
160th	Kuwait	$10.1B	-83.2%
161st	Czechia	$11.4B	-14.3%
162nd	Austria	$13.9B	-1.1%
163rd	Sweden	$16.3B	-8.8%
164th	Macao SAR, China	$17.1B	-40.7%
165th	Luxembourg	$19.5B	-11.6%
166th	Denmark	$19.6B	-13.9%
167th	Malaysia	$22.7B	-27.7%
168th	Norway	$26.1B	-49.6%
169th	Puerto Rico (US)	$26.4B	33.7%
170th	Qatar	$33.0B	-56.7%
171st	Spain	$36.4B	-13.3%
172nd	Thailand	$41.9B	74.7%
173rd	Italy	$52.6B	-13.2%
174th	Netherlands	$59.4B	-40.4%
175th	Switzerland	$73.0B	-3.9%
176th	Singapore	$84.1B	13.9%
177th	United Arab Emirates	$89.5B	-29.8%
178th	Ireland	$89.6B	76.9%
179th	Korea	$100.8B	39.5%
180th	Russian Federation	$109.7B	-17.0%
181st	Germany	$253.9B	-2.1%
182nd	China	$358.8B	62.0%

FAQ

What was Faroe Islands's trade balance in 2015?▾

Faroe Islands's trade balance in 2015 was $21.2M. This ranked 122nd globally.

How did Faroe Islands's trade balance change in 2015?▾

Faroe Islands's trade balance increased by 5.9% in 2015 compared to 2014.

Which country had the highest trade balance in 2015?▾

China had the highest trade balance in 2015 at $358.8B.

What is the trade balance of Faroe Islands in 2015?▾

The trade balance of Faroe Islands in 2015 was $21.2M. This ranked 122nd globally.

How does 2015 compare to 2014 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $20.0M in 2014 to $21.2M in 2015, a 5.9% increase.

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