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 8713-8714

EU-Faroe Islands Agreement · Origen de las mercancías

1 reglesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 8713-8714, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

8713-8714Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

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

Datos comerciales UE (COMEXT)

ene 2022 – mar 2026

Analisis completo

La UE importó 1.2 Md€ (ene 2022 – mar 2026) para este código SA, siendo China el principal proveedor.

Importaciones UE

1.2 Md€

Exportaciones UE

698 M€

Saldo

497 M€

Principales paises proveedores (extra-UE)

1.China

66%785 M€

2.India

11%132 M€

3.United Kingdom

6%66 M€

4.Taiwan

4%53 M€

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