Faroe Islands Highest Trade Balance
External balance on goods and services · World Bank
The highest trade balance in Faroe Islands was $163.7M in 2017. The top 5 years were: 2017 ($163.7M), 2025 ($145.0M), 1991 ($137.1M), 2024 ($136.2M), 2016 ($127.2M).
Top 5 Highest Years▾
Faroe Islands Top 5 Highest Trade Balance Years
| Rank | Year | Value |
|---|
| 1st |
2017 |
$163.7M |
| 2nd |
2025 |
$145.0M |
| 3rd |
1991 |
$137.1M |
| 4th |
2024 |
$136.2M |
| 5th |
2016 |
$127.2M |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
|---|
| 2017 |
$163.7M |
+$36.5M |
113th |
| 2025 |
$145.0M |
+$8.8M |
73rd |
| 1991 |
$137.1M |
+$52.8M |
99th |
| 2024 |
$136.2M |
+$94.6M |
92nd |
| 2016 |
$127.2M |
+$106.0M |
117th |
| 1993 |
$113.4M |
+$4.5M |
105th |
| 1992 |
$108.8M |
−$28.3M |
100th |
| 2019 |
$95.3M |
+$134.8M |
110th |
| 1994 |
$86.5M |
−$26.9M |
104th |
| 1990 |
$84.3M |
+$80.0M |
94th |
| 1995 |
$51.9M |
−$34.5M |
115th |
| 2023 |
$41.5M |
+$45.7M |
97th |
| 2015 |
$21.2M |
+$1.2M |
122nd |
| 2014 |
$20.0M |
+$105.4M |
113th |
| 1998 |
$18.7M |
+$20.0M |
122nd |
| 2021 |
$17.5M |
+$62.2M |
106th |
| 1973 |
$9.8M |
+$10.3M |
66th |
| 1996 |
$9.1M |
−$42.8M |
113th |
| 1989 |
$4.4M |
+$129.8M |
83rd |
| 1970 |
$3.0M |
+$10.0M |
69th |
| 1972 |
$-518,038 |
+$2.5M |
62nd |
| 1967 |
$-1.3M |
+$6.2M |
51st |
| 1997 |
$-1.4M |
−$10.5M |
109th |
| 1965 |
$-2.1M |
– |
50th |
| 1971 |
$-3.0M |
−$6.0M |
71st |
| 2022 |
$-4.1M |
−$21.6M |
114th |
| 2002 |
$-6.3M |
+$14.3M |
104th |
| 1969 |
$-7.0M |
+$666,667 |
49th |
| 1966 |
$-7.4M |
−$5.3M |
50th |
| 1968 |
$-7.6M |
−$6.4M |
50th |
| 1977 |
$-8.1M |
+$18.0M |
73rd |
| 2001 |
$-20.6M |
+$63.4M |
103rd |
| 2011 |
$-24.5M |
+$62.6M |
111th |
| 1974 |
$-24.8M |
−$34.5M |
68th |
| 1976 |
$-26.2M |
+$6.4M |
72nd |
| 1975 |
$-32.6M |
−$7.8M |
77th |
| 1999 |
$-33.5M |
−$52.2M |
104th |
| 1978 |
$-38.3M |
−$30.2M |
71st |
| 2018 |
$-39.5M |
−$203.2M |
111th |
| 1980 |
$-43.4M |
+$11.6M |
81st |
| 2020 |
$-44.7M |
−$140.0M |
110th |
| 1981 |
$-47.8M |
−$4.3M |
87th |
| 1982 |
$-52.8M |
−$5.1M |
80th |
| 1979 |
$-55.1M |
−$16.8M |
66th |
| 1985 |
$-65.0M |
+$35.3M |
62nd |
| 1983 |
$-69.5M |
−$16.6M |
65th |
| 2000 |
$-84.0M |
−$50.6M |
92nd |
| 2013 |
$-85.4M |
+$206.8M |
112th |
| 2010 |
$-87.1M |
+$132.0M |
109th |
| 1984 |
$-100.4M |
−$30.9M |
56th |
| 2004 |
$-103.7M |
+$117.3M |
93rd |
| 1986 |
$-103.7M |
−$38.7M |
58th |
| 1987 |
$-119.6M |
−$15.9M |
53rd |
| 1988 |
$-125.4M |
−$5.8M |
57th |
| 2009 |
$-219.1M |
+$68.4M |
96th |
| 2003 |
$-221.0M |
−$214.7M |
79th |
| 2006 |
$-278.4M |
+$18.5M |
86th |
| 2008 |
$-287.5M |
+$69.1M |
100th |
| 2012 |
$-292.2M |
−$267.7M |
97th |
| 2005 |
$-296.9M |
−$193.2M |
84th |
| 2007 |
$-356.6M |
−$78.3M |
86th |
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