EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 2402, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies.
Manufacture in which at least 70% by weight of the unmanufactured tobacco or tobacco refuse of heading 2401 used is originating.
The EU imported 1.7 Md€ (Jan 2022 – Mar 2026) for this HS code, with CU as the main supplier.
EU Imports
1.7 Md€
EU Exports
9.5 Md€
Balance
7.7 Md€
Top supplying countries (extra-EU)