Faroe Islands exports outpace imports at DKK 14.5 billion

The Faroe Islands imported goods worth nearly DKK 12 billion and exported more than DKK 14.5 billion from September last year to August this year, according to figures reported by KVF.

Imports increased by nearly DKK 1.3 billion compared with the same period a year earlier. Exports rose by DKK 1.4 billion, Statistics Faroe Islands said.

Imports from the EU grew by nearly DKK 220 million. Oil products cost DKK 148 million more, while vehicle imports rose by DKK 107 million.

Exports of fish products increased by nearly DKK 1.6 billion. Export values rose for most fish products, with mackerel and fishmeal the exceptions. Exports to China increased particularly sharply.