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 9114

EU-Faroe Islands Agreement · Origen de las mercancías

1 reglesTolerance: 10%1997

To qualify for the EU-Faroe Islands preferential rate on HS 9114, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies.

9114Clocks and watches and parts 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 909 M€ (ene 2022 – mar 2026) para este código SA, siendo Switzerland el principal proveedor.

Importaciones UE

909 M€

Exportaciones UE

782 M€

Saldo

127 M€

Principales paises proveedores (extra-UE)

1.Switzerland

80%730 M€

2.China

10%90 M€

3.MU

4%35 M€

4.Hong Kong

2%17 M€

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