EU-Faroe Islands Agreement · Origin of Goods
To qualify for the EU-Faroe Islands preferential rate on HS 7007, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies.
Manufacture from materials of heading 7001.
The EU imported 5.3 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.
EU Imports
5.3 Md€
EU Exports
4.5 Md€
Balance
789 M€
Top supplying countries (extra-EU)
Share of imports claiming a preferential rate (source: Eurostat COMEXT)
Source: Eurostat COMEXT DATA_PREFERENCES - EU27 aggregate. Updated monthly.