EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 3802, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.
Manufacture from materials of any heading, except that of the product. However, materials of the same heading as the product may be used, provided that their total value does not exceed 20% of the ex-works price of the product.
20% ex-worksManufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.
40% ex-worksThe EU imported 2.1 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.
EU Imports
2.1 Md€
EU Exports
1.1 Md€
Balance
1.1 Md€
Top supplying countries (extra-EU)