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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Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.