The method suggested by OldPossum works quite nicely in Explorer, and should be available in most browsers.

File - Export, and Favorites will produce an "html document" that's saved wherever you choose to put it on your machine. You can copy that file anywhere you want, including to a backup, so you may want to put it with the "non-system" stuff that gets backed up regularly.

If you have the common problem of "too many favorites" you can export them all, put a link to the exported favorites document into your browser as a "Favorite¹" with a "display name" of something like "More Favorites" and you can then click that link in your browser to open the list of favorites as an html page, where all the links should work just by clicking on them. You can also "edit" the exported page in Word, as long as you don't change the filetype (.htm) when you save the edits.

I'd suggest exporting all your favorites to a backup file, with a distinctive name for backup, and then making a separate export, with a different filename, that you edit down to just the ones you want to keep but don't use often. The ones in the smaller file can then be removed from the main list in your browser once the document itself shows in your browser's listing of links.

¹ Some may not have realized that a "Favorites" link in Explorer can be to any "file," on your own machine, on your network, or somewhere in the great external web. Explorer can "open" a very large variety of filetypes, using embedded "readers" or by opening the appropriate other program, just as it does with a link to a .mid or .mp3 etc. Other browsers should be able to open a "local" html page on your own machine as easily as opening a web page, so the method should work with any browser.

John