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
Flora of the Faroe Islands from Tierra del Fuego to the Faroe Islands, making it the biggest "Nothofagus" population in Europe. Species from the Alaskan coastline and islands have also adapted well in the Faroe Islands, especially "Pinus contorta", "Picea sitchensis", "Salix alaxensis", "Populus trichocarpa" and "Alnus sinuata". The biggest Alaskan pine tree ("Pinus contorta") in Europe (in width, not in height), is to be found in the Selatrað plantation in the Faroe Islands. Generally, species from the oceanic climates of coastal Alaska, New Zealand, Tierra del Fuego and Tasmania are adapted to Faroe, while species from the more continental climates of Scandinavia and Europe