2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Falkland Islands-Germany Trade: In 2023, Falkland Islands exported $6.16M to Germany. The main products that Falkland Islands exported to Germany were Molluscs ($5.25M), Wool ($617k), and Locomotive Parts ($146k). Over the past 5 years the exports of Falkland Islands to Germany have increased at an annualized rate of 7.63%, from $4.26M in 2018 to $6.16M in 2023.

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

Germany-Falkland Islands Trade: In 2023, Germany exported $289k to Falkland Islands. The main products that Germany exported to Falkland Islands were Other Measuring Instruments ($186k), Computers ($16.1k), and Other Rubber Products ($15.3k). Over the past 5 years the exports of Germany to Falkland Islands have increased at an annualized rate of 28.6%,  from $82.2k in 2018 to $289k in 2023.

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

Comparison In 2023,  Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $6.16M to Germany. The main products exported from Falkland Islands to Germany were Molluscs ($5.25M), Wool ($617k), and Locomotive Parts ($146k). During the last 5 years the exports of Falkland Islands to Germany have increased at an annualized rate of 7.63%, from $4.26M in 2018 to $6.16M in 2023.

In 2018, Germany exported $289k to Falkland Islands. The main products exported from Germany to Falkland Islands were Other Measuring Instruments ($186k), Computers ($16.1k), and Other Rubber Products ($15.3k). During the last 5 years the exports of Germany to Falkland Islands have increased at an annualized rate of 28.6%, from $82.2k in 2023 to $289k in 2018.

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

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

Latest Data

Trade between Falkland Islands (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$248M
Germany
Top Destination
United States$157B

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

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

In 2023, countries that imported more from Germany than Falkland Islands included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Falkland Islands - Germany

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Germany in the exports of Animal Products ($5.25M), Textiles ($617k), and Machines ($150k).

During 2018, Germany had a large net trade with Falkland Islands in the exports of Instruments ($193k), Machines ($46k), and Animal Products ($33k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with