>>> 'åéîøü'.encode('utf16')
b'\xff\xfe\xe5\x00\xe9\x00\xee\x00\xf8\x00\xfc\x00'
(Note that there is a specification at the beginning. Use the encoding 'utf_16_be'or 'utf_16_le'if the end element is fixed.)
If you need hexadecimal digits, use binascii.hexlify.
>>> import binascii
>>> binascii.hexlify('åéîøü'.encode('utf16'))
b'fffee500e900ee00f800fc00'
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