Faroe Islands: Agricultural raw materials exports (% of merchandise exports)

Key figures

Since 1976 it is down 4.05 percentage points from 6.42% in 1976. The World Bank has no value for 16 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

On record, the biggest yearly rise was 2.61 percentage points in 1984 and the biggest yearly fall was 4.63 percentage points in 1977. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Faroe Islands had the 28th highest value of the 103 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Faroe Islands in the 2025 ranking

• Guatemala — 24th of 103: 2.69%
• Tanzania — 25th of 103: 2.58%
• Lithuania — 26th of 103: 2.44%
• South Africa — 28th of 103: 2.03%
• Bhutan — 29th of 103: 1.97%
• Suriname — 30th of 103: 1.97%

What this measures

Agricultural raw materials comprise section 2 of SITC Rev. 3 (crude materials, inedible, except fuels) excluding divisions 22 (oil-seeds and oleaginous fruits), 27 (crude fertilizers and minerals excluding coal, petroleum, and precious stones), and 28 (metalliferous ores and scrap). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.

Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 34 values

Agricultural raw materials exports (% of merchandise exports) in nearby economies

• Albania — 0.48% (2024)
• Andorra — 0.74% (2025)
• Armenia — 0.76% (2025)
• Austria — 1.61% (2025)
• Azerbaijan — 0.69% (2025)
• Belarus — 3.58% (2021)
• Belgium — 1.17% (2025)
• Bosnia and Herzegovina — 4.18% (2025)
• Bulgaria — 0.65% (2025)

More private sector & trade data for Faroe Islands

• Merchandise imports (current US$) — US$1.67 billion (2025)
• Merchandise exports (current US$) — US$2.06 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 84.12% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0.000386% (2023)
• Merchandise imports by the reporting economy (current US$) — US$1.93 billion (2023)
• Merchandise exports to high-income economies (% of total merchandise exports) — 87.79% (2023)
• Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
• Merchandise exports by the reporting economy (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Faroe Islands's agricultural raw materials exports (% of merchandise exports)?

2.37% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is down 4.05 percentage points from 6.42% in 1976. The highest value was 6.42% in 1976 and the lowest 0.65% in 1993.

How does Faroe Islands rank?

28th highest of 103 economies with data for 2025.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator TX.VAL.AGRI.ZS.UN, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.