The Rational ModerateSearch

Trade by country

Faroe Islands

In 2025, US goods exports to Faroe Islands were $1.9 million and goods imports from Faroe Islands were $268.1 million; imports exceeded exports by $266.2 million.

Goods: the latest figures

2025, full year

Exports
$1.9 million
Imports
$268.1 million
Balance
imports exceeded exports by $266.2 million (a goods trade deficit, in Census's term)
Total goods trade
$270.0 million
Share of US goods trade
0.005%
Rank among partners
No. 140 of 231

Latest 12 months, August 2025 to July 2026

Exports
$2.3 million
Imports
$300.8 million
Balance
imports exceeded exports by $298.5 million (a goods trade deficit, in Census's term)
Total goods trade
$303.1 million
Share of US goods trade
0.005%
Rank among partners
No. 138 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Faroe Islands, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$100M$200M$300M202020212022202320242025

$0$100M$200M$300M20162018202020222024

$0$100M$200M$300M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$1M$183.3MImports exceeded exports by $182.3M$184.4M0.005%135
2025$1.9M$268.1MImports exceeded exports by $266.2M$270M0.005%140
2024$1.4M$249.4MImports exceeded exports by $248M$250.8M0.005%142
2023$3.2M$274MImports exceeded exports by $270.8M$277.2M0.005%140
2022$1.6M$252.8MImports exceeded exports by $251.3M$254.4M0.005%148
2021$3M$184.3MImports exceeded exports by $181.3M$187.3M0.004%154
2020$2.8M$122.8MImports exceeded exports by $120M$125.6M0.003%158
2019$3.2M$141.8MImports exceeded exports by $138.6M$145M0.004%158
2018$2.4M$110.7MImports exceeded exports by $108.3M$113.1M0.003%167
2017$2M$118.6MImports exceeded exports by $116.6M$120.7M0.003%164
2016$2.6M$134.7MImports exceeded exports by $132.1M$137.2M0.004%155
2015$2.3M$98MImports exceeded exports by $95.6M$100.3M0.003%165
2014$2.5M$138.1MImports exceeded exports by $135.6M$140.6M0.004%159
2013$2.5M$126.3MImports exceeded exports by $123.8M$128.7M0.003%160
2012$1.6M$72.6MImports exceeded exports by $71M$74.3M0.002%173
2011$3.6M$106MImports exceeded exports by $102.4M$109.5M0.003%168
2010$2.1M$72.3MImports exceeded exports by $70.2M$74.4M0.002%169
2009$9.9M$61.8MImports exceeded exports by $51.9M$71.6M0.003%165
2008$14.3M$16MImports exceeded exports by $1.7M$30.4M0.001%187
2007$2.8M$7.1MImports exceeded exports by $4.3M$9.9Mless than 0.001%199
2006$4M$4.1MImports exceeded exports by $130K$8.1Mless than 0.001%202
2005$2.5M$4.3MImports exceeded exports by $1.7M$6.8Mless than 0.001%202
2004$9.3M$7.1MExports exceeded imports by $2.2M$16.4M0.001%195
2003$13.4M$17.3MImports exceeded exports by $3.9M$30.6M0.002%175
2002$4.7M$15.5MImports exceeded exports by $10.8M$20.2M0.001%185
2001$19.9M$13.2MExports exceeded imports by $6.7M$33.1M0.002%168
2000$1.3M$31.4MImports exceeded exports by $30.1M$32.7M0.002%164
1999$5.2M$22.3MImports exceeded exports by $17.1M$27.5M0.002%170
1998$3.5M$11.4MImports exceeded exports by $7.9M$14.9M0.001%184
1997$700K$14.3MImports exceeded exports by $13.6M$15M0.001%182
1996$1.7M$8.3MImports exceeded exports by $6.6M$10M0.001%189
1995$400K$8.4MImports exceeded exports by $8M$8.8M0.001%189
1994$200K$9.6MImports exceeded exports by $9.4M$9.8M0.001%182
1993$400K$8.6MImports exceeded exports by $8.2M$9M0.001%189
1992$3M$22.5MImports exceeded exports by $19.5M$25.5M0.003%164

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $1.0 million, imports $183.3 million; imports exceeded exports by $182.3 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Faroe Islands, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$10M$20M$30MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$19K$20.3MImports exceeded exports by $20.3M
Sept. 2024$742K$25.3MImports exceeded exports by $24.5M
Oct. 2024$98K$21.8MImports exceeded exports by $21.7M
Nov. 2024$192K$19.9MImports exceeded exports by $19.7M
Dec. 2024$53K$21.2MImports exceeded exports by $21.1M
Jan. 2025$125K$24.5MImports exceeded exports by $24.4M
Feb. 2025$155K$20.6MImports exceeded exports by $20.5M
March 2025$52K$21.7MImports exceeded exports by $21.6M
April 2025$31K$26.6MImports exceeded exports by $26.5M
May 2025$72K$19.8MImports exceeded exports by $19.8M
June 2025$84K$17.8MImports exceeded exports by $17.7M
July 2025$154K$19.6MImports exceeded exports by $19.5M
Aug. 2025$109K$17.6MImports exceeded exports by $17.5M
Sept. 2025$112K$24.2MImports exceeded exports by $24M
Oct. 2025$31K$25.6MImports exceeded exports by $25.5M
Nov. 2025$117K$23.6MImports exceeded exports by $23.5M
Dec. 2025$876K$26.5MImports exceeded exports by $25.6M
Jan. 2026$43K$26MImports exceeded exports by $25.9M
Feb. 2026$112K$23.5MImports exceeded exports by $23.4M
March 2026$354K$27.6MImports exceeded exports by $27.3M
April 2026$246K$26.4MImports exceeded exports by $26.1M
May 2026$168K$27.5MImports exceeded exports by $27.3M
June 2026$60K$28.8MImports exceeded exports by $28.7M
July 2026$61K$23.6MImports exceeded exports by $23.5M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Faroe Islands, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$61K$154K-60.6%$23.6M$19.6M+20.2%
June 2026$60K$84K-29.0%$28.8M$17.8M+61.9%
May 2026$168K$72K+132.7%$27.5M$19.8M+38.8%
April 2026$246K$31K+682.7%$26.4M$26.6M-0.7%
March 2026$354K$52K+579.9%$27.6M$21.7M+27.3%
Feb. 2026$112K$155K-27.4%$23.5M$20.6M+13.7%
Jan. 2026$43K$125K-66.0%$26M$24.5M+5.9%
Dec. 2025$876K$53K+1552.8%$26.5M$21.2M+25.1%
Nov. 2025$117K$192K-38.9%$23.6M$19.9M+18.9%
Oct. 2025$31K$98K-68.2%$25.6M$21.8M+17.0%
Sept. 2025$112K$742K-84.9%$24.2M$25.3M-4.4%
Aug. 2025$109K$19K+466.9%$17.6M$20.3M-13.1%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

BEA's Table 2.4 has no separate line for Faroe Islands; its services trade is counted within a wider area.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Faroe Islands, and investors in Faroe Islands with a stake in US businesses. Historical cost (book value), not market value.

BEA's detailed country tables have no separate line for Faroe Islands.

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Faroe Islands.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
54,900
GDP, current US dollars, 2024
$4.1 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.