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 7308

EU-Faroe Islands Agreement · Origen de las mercancías

1 reglesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 7308, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies.

7308Structures (excluding prefabricated buildings of heading 9406) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel

Manufacture from materials of any heading, except that of the product. However, welded angles, shapes and sections of heading 7301 may not be used.

Datos comerciales UE (COMEXT)

ene 2022 – mar 2026

Analisis completo

La UE importó 22.9 Md€ (ene 2022 – mar 2026) para este código SA, siendo China el principal proveedor.

Importaciones UE

22.9 Md€

Exportaciones UE

37.0 Md€

Saldo

14.1 Md€

Principales paises proveedores (extra-UE)

1.China

34%7.8 Md€

2.Turkey

20%4.7 Md€

3.United Kingdom

12%2.7 Md€

4.Switzerland

5%1.2 Md€

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