Best Faeroe Trade Data For 2022 - Data Pro by CIC

The Faroe Islands, or simply the Faroes or Faeroes, are a North Atlantic archipelago located 320 kilometres (200 mi) north-northwest of Scotland, and about halfway between Norway and Iceland. Like Greenland, it is a constituent country of the Kingdom of Denmark. The islands have a total area of about 1,400 square kilometres (540 sq mi) with a population of 52,703 as of September 2020.
In 2011, 13% of the Faroe Islands' national income came as economic aid from Denmark. This corresponds to roughly 5% of GDP.
Since 2000, the government has fostered new information technology and business projects to attract new investment. The introduction of Burger King in Tórshavn was widely publicized as a sign of the globalization of Faroese culture.