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Pricing

2023
Flag → Flag
Exports $18.8MRnk 150 / 220
2023
Flag → Flag
Top Product $18.4MRefined Petroleum
2023
Flag → Flag
Exports $248MRnk 1 / 60
2023
Flag → Flag
Top Product $239MMolluscs
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Falkland Islands Trade: In 2023, Spain exported $18.8M to Falkland Islands. The main products that Spain exported to Falkland Islands were Refined Petroleum ($18.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($100k), and Engine Parts ($70.5k). Over the past 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 15.4%, from $43.5M in 2018 to $18.8M in 2023.

In 2023, Spain did not export any services to Falkland Islands.

Falkland Islands-Spain Trade: In 2023, Falkland Islands exported $248M to Spain. The main products that Falkland Islands exported to Spain were Molluscs ($239M), Non-fillet Frozen Fish ($8.18M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($109k). Over the past 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 0.94%,  from $236M in 2018 to $248M in 2023.

In 2023, Falkland Islands did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €70M and imported €12.3M from Falkland Islands, resulting in a positive trade balance of €57.7M. Between November 2023 and November 2024 the exports of Spain have increased by €69.9M (85.5k%) from €81.7k to €70M, while imports decreased by €-2.35M (-16%) from €14.7M to €12.3M.

Trade In November 2024, the top exports of Spain to Falkland Islands were Refined Petroleum (€17M), Twine, cordage or rope; knotted netting,... (€49.3k), Commodities not elsewhere specified (€23.5k), Non-fillet Frozen Fish (€4.17k), and Aluminium Cans (€1.67k). In November 2024 the top imports of Spain from Falkland Islands were Molluscs (€18M), Non-fillet Frozen Fish (€183k), Scrap Iron (€5.4k), Aluminium Cans (€2.07k), and Pulley Systems (€400).

Origins In November 2024 the exports of Spain were mainly from Pontevedra (€70M), Barcelona (€5.49k), and Álava (€2.23k), while imports destinations were mainly Pontevedra (€12.1M), A Coruña (€124k), and Asturias (€73.2k).

Growth In November 2024, the increase in Spain's year-by-year exports to Falkland Islands was explained primarily by an increase in product exports in Twine, cordage or rope; knotted netting,... (€48k or 3.69k%), Non-fillet Frozen Fish (€4.07k or 3.78k%), and Crustaceans (€1.28k or 1.17k%). In November 2024, the decrease in Spain's year-by-year imports  from Falkland Islands was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish (€-57.9k or -24%) and Pulley Systems (€-4.6k or -92%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€69.9M(85.5k%)
IMPORT GROWTH (November 2023 - November 2024)€-2.35M(-16%)
MAIN EXPORTER (November 2024)Pontevedra€70M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Falkland Islands and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $18.8M to Falkland Islands. The main products exported from Spain to Falkland Islands were Refined Petroleum ($18.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($100k), and Engine Parts ($70.5k). During the last 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 15.4%, from $43.5M in 2018 to $18.8M in 2023.

In 2018, Falkland Islands exported $248M to Spain. The main products exported from Falkland Islands to Spain were Molluscs ($239M), Non-fillet Frozen Fish ($8.18M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($109k). During the last 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 0.94%, from $236M in 2023 to $248M in 2018.

Exports from Spain (Flag) to Falkland Islands (Flag) (2023)

Exports from Falkland Islands (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Falkland Islands
Top DestinationSpain$248M

This map shows whether countries import more from Spain or Falkland Islands. Each country is colored based on the difference in imports they receive from Spain and Falkland Islands or the difference in the growth in imports.

In 2023, countries that imported more from Spain than Falkland Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, no countries were registered that imported more from Falkland Islands than from Spain.

Difference in imports from Falkland Islands (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Falkland Islands

Flow
Scale

This chart compares trade between Spain and Falkland Islands by product, considering products traded by both, Spain and Falkland Islands.

During 2023, Spain had a large net trade with Falkland Islands in the exports of Mineral Products ($18.4M), Machines ($245k), and Textiles ($104k).

During 2018, Falkland Islands had a large net trade with Spain in the exports of Animal Products ($247M), Textiles ($122k), and Machines ($46.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Falkland Islands. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Falkland Islands. Similarly, a dot/product with the flag of Falkland Islands indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Falkland Islands (Flag) (2023)

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