EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 2403, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies. 2 specific rules apply to this code under this agreement.
Manufacture in which at least 70% by weight of the unmanufactured tobacco or tobacco refuse of heading 2401 used is originating.
The EU imported 542 M€ (Jan 2022 – Mar 2026) for this HS code, with Switzerland as the main supplier.
EU Imports
542 M€
EU Exports
6.9 Md€
Balance
6.4 Md€
Top supplying countries (extra-EU)