What is the tolerance threshold under the EU-Faroe Islands?

The general tolerance is 10% of the ex-works value of the finished product.

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EU-Faroe Islands - HS 9002

EU-Faroe Islands Agreement · Warenursprung

1 RegelnToleranz: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 9002, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

9002Lenses, prisms, mirrors and other optical elements, of any material, mounted, being parts of or fittings for instruments or apparatus, other than such elements of glass not optically worked

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

EU-Handelsdaten (COMEXT)

Jan 2022 – Mar 2026

Vollständige Analyse

The EU imported 7.5 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.

EU-Einfuhren

7.5 Md€

EU-Ausfuhren

6.2 Md€

Saldo

1.3 Md€

Wichtigste Lieferländer (Extra-EU)

1.China

31%2.3 Md€

2.Japan

23%1.7 Md€

3.United States

10%715 M€

4.Thailand

5%349 M€

EU-Handelsdaten (COMEXT)

Jan 2022 – Mar 2026

Vollständige Analyse

The EU imported 7.5 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.

EU-Einfuhren

7.5 Md€

EU-Ausfuhren

6.2 Md€

Saldo

1.3 Md€

Wichtigste Lieferländer (Extra-EU)

1.China

31%2.3 Md€

2.Japan

23%1.7 Md€

3.United States

10%715 M€

4.Thailand

5%349 M€

EU-Handelsdaten (COMEXT)

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EU-Handelsdaten (COMEXT)