EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 4820, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies. 2 specific rules apply to this code under this agreement.
Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.
50% ex-worksThe EU imported 2.3 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.
EU Imports
2.3 Md€
EU Exports
1.3 Md€
Balance
994 M€
Top supplying countries (extra-EU)