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 8487

Name: EU Trade Statistics - HS 8487 - 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 8487, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

8487Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter

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

2023

100%2 k€

2022

100%672 €

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

Datos comerciales UE (COMEXT)

ene 2022 – mar 2026

Analisis completo

La UE importó 2.8 Md€ (ene 2022 – mar 2026) para este código SA, siendo China el principal proveedor.

Importaciones UE

2.8 Md€

Exportaciones UE

7.2 Md€

Saldo

4.4 Md€

Principales paises proveedores (extra-UE)

1.China

26%740 M€

2.United States

13%362 M€

3.Switzerland

10%286 M€

4.Taiwan

7%197 M€

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