Economy of the Faroe Islands and holding below 3% since 2006, one of the lowest rates in Europe. Since 2000, new information technology and business projects have been fostered in the Faroe Islands to attract new investment. The result from these projects is not yet known but is hoped to bring a better market economy to the Faroe Islands. In 2014 the Faroe Islands had a trade surplus of 401 million DKK, a figure that rose to 1.43 billion DKK in 2016. As of 2016, the Faroe Islands mainly imported goods from Denmark (2,467 million DKK), Germany (877 million DKK), and Norway (610 DKK). The
Faroe Islands the Faroe Islands is dominated by arctic-alpine plants, wildflowers, grasses, moss and lichen. Most of the lowland area is grassland and some is heath, dominated by shrubby heathers, mainly "Calluna vulgaris". Among the herbaceous flora that occur in the Faroe Islands is the cosmopolitan marsh thistle, "Cirsium palustre". Although there are no trees native to the Faroe Islands, limited species were able to be successfully introduced to the region, including the Black Cottonwood, also known as the California Poplar (Populus trichocarpa) A few small plantations consisting of plants collected from similar climates such as Tierra del Fuego in South America