Faroe Islands: High tech exports

The latest value from 2009 is 0.36 million U.S. dollars, a decline from 6.44 million U.S. dollars in 2008. In comparison, the world average is 12750.57 million U.S. dollars, based on data from 129 countries. Historically, the average for the Faroe Islands from 2007 to 2009 is 2.31 million U.S. dollars. The minimum value, 0.14 million U.S. dollars, was reached in 2007 while the maximum of 6.44 million U.S. dollars was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.