Country exposure · FO
Faroe Islands
Europe · Torshavn · parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark
What Faroe Islands means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.
$268M
U.S. imports, 2025
+7.5%
change in one year
$2M
U.S. exports, 2025
53K
Population
$3.9B
GDP
In your house
What you buy that Faroe Islands makes
America bought $268M in goods from Faroe Islands in 2025. Of every $100 of it, here's where the money went.
Fish and shellfish
fish, shrimp, shellfish
Computer accessories
keyboards, drives, computer parts
Nonagricultural foods, etc.
Telecommunications equipment
phones, routers, networking gear
Industrial supplies, other
Wine, beer, and related products
wine and beer
Minimum value shipments
Alcoholic beverages, excluding wine
spirits and liquor
Materials, excluding chemicals
Iron and steel, advanced
2026 so far (through April): $103M in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Faroe Islands
$2M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Generators, accessories
$698KAgricultural machinery, equipment
$199KMedicinal equipment
$184Kmedical devices and equipment
Measuring, testing, control instruments
$110KMinimum value shipments
$70KPhoto, service industry machinery
$68KMarine engines, parts
$64KApparel,household goods-nontextile
$56Kleather goods and accessories
Pharmaceutical preparations
$46Kmedicines and pharmacy items
Where you stand
U.S. tariff posture toward Faroe Islands
No U.S. tariff action singles this country out. Its goods face the universal 10% temporary import surcharge under Section 122 of the Trade Act (which replaced the IEEPA reciprocal baseline in February 2026) plus the sectoral Section 232 duties — steel and aluminum at 50% — that apply to all countries. The Section 122 surcharge is statutorily temporary — scheduled to lapse on or about July 23, 2026 (a 150-day cap) unless extended or replaced.
Reciprocal tariff (universal baseline)
10%
The universal 10% floor — a Section 122 import surcharge since February 2026, previously the EO 14257 reciprocal baseline — applies to nearly all U.S. imports. This country has no higher assigned rate of its own.
Policy in motion
Tariff status: a moving target
No U.S. tariff action names Faroe Islands. These are the universal measures — applied to every country without a country-specific arrangement — that set its treatment.
2026-04-06
Section 232 metals coverage expanded
In effectThe April 2026 proclamation strengthening Section 232 actions on aluminum, steel, and copper expanded derivative-product coverage for all countries, keeping the general metals rate at 50%.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122 surcharge
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including the EO 14257 reciprocal baseline — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them, leaving the universal rate unchanged at 10% on a different statutory basis. Section 122 caps such surcharges at 150 days, so this 10% surcharge is scheduled to lapse on or about July 23, 2026 absent further action (the administration has signaled it could raise the rate toward the 15% statutory maximum).
91 FR 9437 →2025-11-13
Agricultural products exempted from reciprocal tariffs
In effectExecutive Order 14360 of November 14, 2025 removed reciprocal duties from certain agricultural products listed in its annexes (coffee, cocoa, bananas, and other goods the U.S. does not produce in sufficient quantity), retroactive to November 13, 2025 — for all countries subject to the reciprocal tariff.
90 FR 54091 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% for all countries, effective June 4, 2025.
90 FR 24199 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, effective April 5, 2025. Countries without a higher Annex I rate remain at this baseline.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum duties set at 25% for all countries
In effectProclamations of February 10, 2025 terminated all country exemptions and quota arrangements and applied 25% Section 232 duties to steel and aluminum imports from every country, effective March 12, 2025.
90 FR 9817 →
Made for America
What Faroe Islands makes for America
Faroe Islands is a direct U.S. source of 1 essential good Americans rely on — the items themselves, shipped finished off the line.
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
The Faroe Islands were already populated by about A.D. 500, but whether the original settlers were Celtic or early Norse (or someone else) has yet to be determined. Viking settlers arrived on the islands in the 9th century, and the islands served as an important stepping stone for medieval Viking exploration of the North Atlantic. The islands have been connected politically to Denmark since the 14th century, and today the Faroe Islands are a self-governing dependency of Denmark. The Home Rule Act of 1948 granted a high degree of self-government to the Faroese, who have autonomy over most internal affairs and external trade, while Denmark is responsible for justice, defense, and some foreign affairs. The Faroe Islands are not part of the European Union.
Geography
- Location
- Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway
- Area
- 1,393 sq km
- Climate
- mild winters, cool summers; usually overcast; foggy, windy
- Terrain
- rugged, rocky, some low peaks; cliffs along most of coast
- Natural resources
- fish, whales, hydropower, possible oil and gas
- Coastline
- 1,117 km
- Natural hazards
- strong winds and heavy rains can occur throughout the year
People & society
- Population
- 52,933 (2024 est.)
- Nationality
- Faroese (singular and plural)
- Ethnic groups
- Faroese 83.8% (Scandinavian and Anglo-Saxon descent), Danish 8.3%, Filipino 1.2%, other Nordic 0.9%, other 4.5% (includes Polish and Romanian) (2024 est.)
- Languages
- Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.)
- Religions
- Christian 87% (predominantly Evangelical Lutheran), other 0.9%, none 3.7%, unspecified 8.9% (2011 est.)
- Median age
- 37 years (2025 est.)
- Life expectancy at birth
- 81.7 years (2024 est.)
Economy
- Economic overview
- high-income Danish territorial economy; party neither to the EU nor the Schengen Area; associate Nordic Council member; very low unemployment; unique foreign ownership allowance in fishing industry; known salmon exporter; growing IT industries
- Industries
- fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts
- Agricultural products
- milk, potatoes, lamb/mutton, sheepskins, sheep offal, beef, sheep fat, beef offal, cattle hides, beef suet (2023)
- Exports - partners
- Russia 26.4%, UK 14.1%, Germany 8.4%, China 7.9%, Spain 6.8%, Denmark 6.2%, US 4.7%, Poland 4.4%, Norway 4.1% (2017)
- Imports - partners
- Denmark 33%, China 10.7%, Germany 7.6%, Poland 6.8%, Norway 6.7%, Ireland 5%, Chile 4.3% (2017)
Government
- Government type
- parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark
- Capital
- Torshavn
- Independence
- none (self-governing overseas administrative division of Denmark)
- Constitution
- 5 June 1953 (Danish Constitution), 23 March 1948 (Home Rule Act), and 24 June 2005 (Takeover Act) serve as the Faroe Islands' constitutional position in the Unity of the Realm
- Executive branch
- King FREDERIK X of Denmark (since 14 January 2024), represented by High Commissioner Lene Moyell JOHANSEN, chief administrative officer (since 15 May 2017) (2024)
- Legislative branch
- Faroese Parliament (Logting)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
CDC - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Tuesday, June 04, 2024