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 1702

EU-Faroe Islands Agreement · Origin of Goods

3 rulesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 1702, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies. 3 specific rules apply to this code under this agreement.

1702Other sugars, including chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel ▸ Chemically-pure maltose and fructose

Manufacture from materials of any heading, including other materials of heading 1702.

MaxNOM

Manufacture in which the value of all the materials of chapter 17 used does not exceed 30% of the ex-works price of the product.

30% ex-works

Manufacture in which all the materials used are originating.

EU Trade Data (COMEXT)

Jan 2022 – Mar 2026

Full analysis

The EU imported 1.7 Md€ (Jan 2022 – Mar 2026) for this HS code, with Canada as the main supplier.

EU Imports

1.7 Md€

EU Exports

4.7 Md€

Balance

3.0 Md€

Top supplying countries (extra-EU)

1.Canada

24%404 M€

2.Turkey

18%302 M€

3.United Kingdom

12%206 M€

4.Mexico

12%206 M€

Manufacture from materials of any heading, including other materials of heading 1702.

MaxNOM

Manufacture in which the value of all the materials of chapter 17 used does not exceed 30% of the ex-works price of the product.

30% ex-works

Manufacture in which all the materials used are originating.

EU Trade Data (COMEXT)

Related pages

EU Trade Data (COMEXT)