EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 7003, 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 from materials of heading 7001.
The EU imported 105 M€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.
EU Imports
105 M€
EU Exports
777 M€
Balance
672 M€
Top supplying countries (extra-EU)