Faroe Islands - Trade Openness 1968
74.76%
−4.21% from 1967
Faroe Islands's trade openness was 74.76% in 1968, decreased +4.21% from 78.97% in 1967. This was the 61st highest globally.
Global Ranking - 1968▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | China | 5.58% | -0.1% |
| 2nd | Türkiye | 8.76% | -3.6% |
| 3rd | India | 8.98% | -10.0% |
| 4th | Argentina | 11.89% | -4.8% |
| 5th | Brazil | 12.59% | 10.9% |
| 6th | Nepal | 14.35% | 3.7% |
| 7th | Mexico | 16.39% | 3.2% |
| 8th | Pakistan | 19.13% | -6.6% |
| 9th | Bangladesh | 19.94% | -9.0% |
| 10th | Burkina Faso | 21.49% | 14.0% |
| 11th | Niger | 22.29% | -2.3% |
| 12th | Greece | 22.97% | -2.5% |
| 13th | Rwanda | 23.88% | -7.9% |
| 14th | Colombia | 24.58% | 14.1% |
| 15th | Ecuador | 24.96% | 12.7% |
| 16th | Indonesia | 26.45% | 3.1% |
| 17th | Chile | 26.45% | -0.7% |
| 18th | Australia | 26.70% | 0.0% |
| 19th | Uruguay | 27.39% | -1.4% |
| 20th | Mali | 28.32% | -19.7% |
| 21st | France | 28.34% | 1.3% |
| 22nd | Benin | 28.41% | 3.5% |
| 23rd | Paraguay | 29.13% | 4.6% |
| 24th | Egypt, Arab Republic of | 29.26% | -18.6% |
| 25th | Tunisia | 31.79% | -11.1% |
| 26th | Sudan | 31.96% | 4.2% |
| 27th | Korea | 32.52% | 13.9% |
| 28th | Chad | 33.63% | 3.4% |
| 29th | Guatemala | 35.15% | -1.6% |
| 30th | Senegal | 35.60% | 27.7% |
| 31st | Somalia, Fed. Rep. | 36.41% | 1.4% |
| 32nd | Peru | 36.98% | 3.9% |
| 33rd | Thailand | 37.62% | -2.0% |
| 34th | Syrian Arab Republic | 37.88% | 8.5% |
| 35th | Iran, Islamic Republic of | 37.99% | 2.8% |
| 36th | Morocco | 38.54% | 1.2% |
| 37th | Sweden | 39.27% | 2.5% |
| 38th | Madagascar | 40.54% | 3.9% |
| 39th | Canada | 40.73% | 4.1% |
| 40th | Ghana | 41.18% | 10.2% |
| 41st | South Africa | 41.29% | -2.8% |
| 42nd | Bolivia, Plurinational State of | 43.82% | -9.7% |
| 43rd | Sri Lanka | 44.21% | 1.0% |
| 44th | Dominican Republic | 45.13% | 4.7% |
| 45th | Mauritania | 45.28% | -7.7% |
| 46th | Uganda | 46.56% | -6.3% |
| 47th | Cameroon | 46.76% | 8.2% |
| 48th | Algeria | 47.32% | 5.0% |
| 49th | Togo | 50.25% | 8.5% |
| 50th | Sierra Leone | 50.53% | -13.5% |
| 51st | El Salvador | 52.45% | -3.4% |
| 52nd | Denmark | 55.33% | -0.4% |
| 53rd | Nicaragua | 57.08% | -7.2% |
| 54th | Kenya | 58.70% | 1.5% |
| 55th | Papua New Guinea | 58.93% | 3.4% |
| 56th | Costa Rica | 60.22% | 7.3% |
| 57th | Lesotho | 67.21% | -2.2% |
| 58th | Côte d'Ivoire | 68.69% | 5.7% |
| 59th | Saudi Arabia | 72.45% | - |
| 60th | Central African Republic | 73.94% | 1.0% |
| 61st | Faroe Islands | 74.76% | -5.3% |
| 62nd | Honduras | 74.92% | 3.7% |
| 63rd | Malaysia | 82.93% | 4.3% |
| 64th | Oman | 84.88% | 51.1% |
| 65th | Botswana | 86.00% | 14.1% |
| 66th | Congo, Republic of | 87.62% | 1.5% |
| 67th | Kuwait | 87.80% | -0.2% |
| 68th | Gambia, The | 90.98% | 3.7% |
| 69th | Gabon | 97.67% | 1.6% |
| 70th | Guyana | 113.38% | -3.3% |
| 71st | Panama | 113.98% | -0.6% |
| 72nd | Hong Kong SAR, China | 175.04% | 11.8% |
| 73rd | Singapore | 256.80% | 8.8% |
FAQ
What was Faroe Islands's trade openness in 1968?▾
Faroe Islands's trade openness in 1968 was 74.76%. This ranked 61st globally.
How did Faroe Islands's trade openness change in 1968?▾
Faroe Islands's trade openness decreased by 5.3% in 1968 compared to 1967.
Which country had the highest trade openness in 1968?▾
Singapore had the highest trade openness in 1968 at 256.80%.
What is the trade openness of Faroe Islands in 1968?▾
The trade openness of Faroe Islands in 1968 was 74.76%. This ranked 61st globally.
How does 1968 compare to 1967 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 78.97% in 1967 to 74.76% in 1968, a 5.3% decrease.
Related
1967
1969
All years
Full ranking 1968
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1993
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Channel Islands
vs Macao SAR, China
vs Netherlands
vs Denmark
Global Ranking