Imports of goods

17. Mar 2025
Stone and sand imports approaching 400 tonnes

The graphs below show import figures in February 2024 - January 2025 compared with the previous 12-month period.

The drop in imports is driven by lower import values of fuels and ships. Imports of fuels and other oils fell by DKK 203 million.

Imports of machinery, engines, ships and vehicles fell by DKK 616 million (20%). The decline was largely attributable to ships.

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The table below shows a considerable decline in imports from North America. This is mostly due to lower imports of medicines, technical equipment and vehicles from the US. There has been a notable decline in imports from the EU and a rise in imports from non-EU Europe. This is largely due to oil now being imported from Norway (non-EU) rather than the Netherlands (EU).

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Imports from the EU have returned to pre-2022 levels, at about DKK 400 million per month. In 2022 and 2023, imports from EU countries ranged between DKK 500 million and DKK 600 million per month. Meanwhile, imports from non-EU countries have been increasing, rising from DKK 100 million to DKK 150-200 million per month. Imports from Asia have remained steady in recent years.

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In terms of import volume, two types of goods stand out: oil and stone. The Faroes imported almost 300,000 tonnes of oil extracts and almost 400,000 tonnes of sand and stone in February 2024 - January 2025. Sand and stone imports have increased by more than 72,000 tonnes (22%). For comparison, imports of fish for processing fell by 34,000 tonnes year-on-year.

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