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Pricing

2022
Flag → Flag
Exports $26MRnk 144 / 218
2022
Flag → Flag
Top Product $25.4MRefined Petroleum
2022
Flag → Flag
Exports $268MRnk 1 / 53
2022
Flag → Flag
Top Product $263MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Falkland Islands Trade: In 2022, Spain exported $26M to Falkland Islands. The main products that Spain exported 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). Over the past 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 4.7%, from $33.1M in 2017 to $26M in 2022.

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

Falkland Islands-Spain Trade: 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). Over the past 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 10.6%,  from $162M in 2017 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 0.81),  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

July, 2024

About

Overview In July 2024, Spain exported €167k and imported €18.9M from Falkland Islands, resulting in a negative trade balance of €18.7M. Between July 2023 and July 2024 the exports of Spain have increased by €123k (282%) from €43.7k to €167k, while imports decreased by €-5.22M (-21.7%) from €24.1M to €18.9M.

Trade In July 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 July 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 July 2024 the exports of Spain were mainly from Pontevedra (€156k), Álava (€5.62k), and Madrid (€5.48k), while imports destinations were mainly Pontevedra (€17.2M), Guipúzcoa (€700k), Valencia (€395k), Madrid (€358k), and A Coruña (€215k).

Growth In July 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 July 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 (July 2023 - July 2024)€123k(282%)
IMPORT GROWTH (July 2023 - July 2024)€-5.22M(-21.7%)
MAIN EXPORTER (July 2024)Pontevedra€156k

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 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 4.7%, from $33.1M in 2017 to $26M in 2022.

In 2017, 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 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 10.6%, from $162M in 2022 to $268M in 2017.

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 2022, countries that imported more from Spain than Falkland Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, 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 2017, 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 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) (2022)

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