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 8407

Name: EU Trade Statistics - HS 8407 - EU-Faroe Islands
Creator: Eurostat
License: https://creativecommons.org/licenses/by/4.0/

EU-Faroe Islands Agreement · Origen de las mercancías

1 reglesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 8407, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

8407Spark-ignition reciprocating or rotary internal combustion piston engines

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

Utilizacion de la preferencia en la UE

Parte de las importaciones que aplican un tipo preferencial (fuente: Eurostat COMEXT)

100%FTA

2025

100%450 €

Fuente: Eurostat COMEXT DATA_PREFERENCES - agregado UE27. Actualizacion mensual.

Datos comerciales UE (COMEXT)

ene 2022 – mar 2026

Analisis completo

La UE importó 13.0 Md€ (ene 2022 – mar 2026) para este código SA, siendo United Kingdom el principal proveedor.

Importaciones UE

13.0 Md€

Exportaciones UE

29.7 Md€

Saldo

16.7 Md€

Principales paises proveedores (extra-UE)

1.United Kingdom

26%3.4 Md€

2.China

15%2.0 Md€

3.Japan

13%1.7 Md€

4.United States

11%1.5 Md€

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