What is the tolerance threshold under the EU-Faroe Islands?

The general tolerance is 10% of the ex-works value of the finished product.

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EU-Faroe Islands - HS 7116

EU-Faroe Islands Agreement · Origen de las mercancías

1 reglesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 7116, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

7116Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)

MaxNOM

Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.

50% ex-works

Datos comerciales UE (COMEXT)

ene 2022 – mar 2026

Analisis completo

La UE importó 835 M€ (ene 2022 – mar 2026) para este código SA, siendo China el principal proveedor.

Importaciones UE

835 M€

Exportaciones UE

493 M€

Saldo

342 M€

Principales paises proveedores (extra-UE)

1.China

39%327 M€

2.Thailand

23%194 M€

3.Vietnam

13%112 M€

4.Switzerland

4%31 M€

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