Exporting guide to

Faroe Islands

Overview

The Faroe Islands, located in the North Atlantic Ocean, comprise 18 islands. Fishing and related activities are the mains industries, but the Faroes are working towards a more diversified economy.

Business environment

Faroe Islands is an autonomous territory within the Kingdom of Denmark, so shares a lot of the same characteristics regarding ease of doing business.

Boats docked at a Faroe Islands waterfront

Faroe Islands: at a glance

Currency

Faroese króna and Danish krone

Business language

Faroese, Danish, English

You may need a translator

Value of total UK exports

£34 million

(ONS, 2020)

Time zone

GMT +0

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