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

The value for Agricultural raw materials exports (% of merchandise exports) in Faroe Islands was 1.66 as of 2009. As the graph below shows, over the past 33 years this indicator reached a maximum value of 6.42 in 1976 and a minimum value of 0.65 in 1993.

Definition: Agricultural raw materials comprise SITC section 2 (crude materials except fuels) excluding divisions 22, 27 (crude fertilizers and minerals excluding coal, petroleum, and precious stones), and 28 (metalliferous ores and scrap).

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 6.42
1977 1.79
1978 4.21
1979 4.64
1980 3.58
1981 4.26
1982 3.40
1983 2.99
1984 5.60
1985 4.49
1986 2.34
1987 1.57
1988 2.30
1989 2.26
1990 0.90
1991 0.76
1992 1.00
1993 0.65
1994 0.94
1996 2.20
1997 3.61
1998 3.90
1999 1.32
2000 1.83
2001 1.75
2002 1.55
2003 2.96
2004 2.12
2005 1.48
2006 2.24
2007 3.88
2008 2.80
2009 1.66

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 export shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports