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Pricing

2022
Flag → Flag
Exports $26MRnk 144 / 218
2022
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Top Product $25.4MRefined Petroleum
2022
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Exports $268MRnk 1 / 53
2022
Flag → Flag
Top Product $263MMolluscs
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Falkland Islands In 2022, Spain exported $26M to Falkland Islands. The main products that Spain exported to Falkland Islands are Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). During the last 27 years the exports of Spain to Falkland Islands have increased at an annualized rate of 2.02%, from $15.2M in 1995 to $26M in 2022.

In 2022, Spain did not export any services to Falkland Islands.

Falkland Islands-Spain In 2022, Falkland Islands exported $268M to Spain. The main products that Falkland Islands exported to Spain were Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). During the last 27 years the exports of Falkland Islands to Spain have increased at an annualized rate of 11.5%, from $14.3M in 1995 to $268M in 2022.

In 2022, Falkland Islands did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €68.3k and imported €18M from Falkland Islands, resulting in a negative trade balance of €17.9M. Between January 2023 and January 2024 the exports of Spain have decreased by €-17M (-99.6%) from €17.1M to €68.3k, while imports decreased by €-231k (-1.27%) from €18.2M to €18M.

Trade In January 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 January 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 January 2024 the exports of Spain were mainly from Pontevedra (€55.6k), Madrid (€7.56k), A Coruña (€3.94k), and Barcelona (€1.2k), while imports destinations were mainly Pontevedra (€16.5M), Guipúzcoa (€911k), Valencia (€413k), A Coruña (€157k), and Madrid (€20k).

Growth In January 2024, the decrease in Spain's year-by-year exports to Falkland Islands was explained primarily by an decrease in product exports in Commodities not elsewhere specified (€-20.9k or -47%), Fish Fillets (€-1.96k or -55.9%), and Processed Fish (€-36 or -41.7%). In January 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

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-17M(-99.6%)
IMPORT GROWTH (January 2023 - January 2024)€-231k(-1.27%)
MAIN EXPORTER (January 2024)Pontevedra€55.6k

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 2022, Spain exported $26M to Falkland Islands. The main products exported from Spain to Falkland Islands were Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). During the last 27 years the exports of Spain to Falkland Islands have increased at an annualized rate of 2.02%, from $15.2M in 1995 to $26M in 2022.

In 2022, Falkland Islands exported $268M to Spain. The main products exported from Falkland Islands to Spain were Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). During the last 27 years the exports of Falkland Islands to Spain have increased at an annualized rate of 11.5%, from $14.3M in 1995 to $268M in 2022.

Exports from Spain (Flag) to Falkland Islands (Flag) (2022)

Exports from Falkland Islands (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Falkland Islands
Top DestinationSpain$268M

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 2021, countries that imported more from Spain than Falkland Islands were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2019, no countries were registered that imported more from Falkland Islands than from Spain.

Difference in imports from Falkland Islands (Flag) and Spain (Flag) (2022)

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 2022, Spain had a large net trade with Falkland Islands in the exports of Mineral Products ($25.4M), Machines ($211k), and Textiles ($151k).

During 2022, Falkland Islands had a large net trade with Spain in the exports of Animal Products ($267M), Textiles ($106k), and Machines ($99.6k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Falkland Islands. Similarly, the more yellow a dot/product is, the more Falkland Islands has comparative advantage over Spain.

Product Space of Spain (Flag) and Falkland Islands (Flag) (2022)

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