Faroe Islands - Fuel imports (% of merchandise imports)

The value for Fuel imports (% of merchandise imports) in Faroe Islands was 15.73 as of 2009. As the graph below shows, over the past 33 years this indicator reached a maximum value of 24.79 in 1982 and a minimum value of 5.81 in 1988.

Definition: Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).

Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.

See also:

Year Value
1976 14.11
1977 15.41
1978 13.96
1979 16.73
1980 21.68
1981 23.39
1982 24.79
1983 19.17
1984 16.71
1985 17.73
1986 9.65
1987 6.33
1988 5.81
1989 9.99
1990 12.06
1991 12.86
1992 12.52
1993 15.45
1994 11.84
1996 11.66
1997 10.78
1998 7.22
1999 8.09
2000 11.79
2001 11.74
2002 10.63
2003 9.15
2004 14.10
2005 16.24
2006 18.77
2007 15.81
2008 20.96
2009 15.73

Limitations and Exceptions: 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.

Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Merchandise import shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports