Faroe Islands: Ores and metals exports (% of merchandise exports)

Key figures

Since 1976 it is up 0.15 percentage points from 0.000792% in 1976. The World Bank has no value for 39 of the years in between; the chart leaves those gaps open rather than joining across them.

How it compares

In 2025, Faroe Islands had the 100th highest value of the 102 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

• Sri Lanka — 97th of 102: 0.54%
• Brunei Darussalam — 98th of 102: 0.21%
• Kuwait — 99th of 102: 0.2%
• Argentina — 101st of 102: 0.11%
• Bermuda — 102nd of 102: 0.00326%

What this measures

Ores and metals comprise the commodities in SITC (Rev. 3) sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals). Exports of services are services provided by residents to non-residents. 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 11 values

Ores and metals exports (% of merchandise exports) in nearby economies

• Albania — 5.65% (2024)
• Andorra — 2.55% (2025)
• Armenia — 18.33% (2025)
• Austria — 3.59% (2025)
• Azerbaijan — 1.52% (2025)
• Belarus — 1.15% (2021)
• Belgium — 4.06% (2025)
• Bosnia and Herzegovina — 9.7% (2025)
• Bulgaria — 15.43% (2025)
• Croatia

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

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Questions people ask

What is Faroe Islands's ores and metals exports (% of merchandise exports)?

0.15% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 0.15 percentage points from 0.000792% in 1976. The highest value was 0.33% in 1988 and the lowest 0.0000827% in 1987.

How does Faroe Islands rank?

100th highest of 102 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.MMTL.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.

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