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2022
Flag → Flag
Exports $5.59MRnk 6 / 53
2022
Flag → Flag
Top Product $2.41MWool
2022
Flag → Flag
Exports $79.4MRnk 109 / 224
2022
Flag → Flag
Top Product $7.24MPrefabricated Buildings
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Falkland Islands-United Kingdom Trade: In 2022, Falkland Islands exported $5.59M to United Kingdom. The main products that Falkland Islands exported to United Kingdom were Wool ($2.41M), Sheep and Goat Meat ($2.15M), and Molluscs ($279k). Over the past 5 years the exports of Falkland Islands to United Kingdom have increased at an annualized rate of 3.75%, from $4.65M in 2017 to $5.59M in 2022.

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

United Kingdom-Falkland Islands Trade: In 2022, United Kingdom exported $79.4M to Falkland Islands. The main products that United Kingdom exported to Falkland Islands were Prefabricated Buildings ($7.24M), Planes, Helicopters, and/or Spacecraft ($6.16M), and Iron Structures ($2.59M). Over the past 5 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 6.85%,  from $57M in 2017 to $79.4M in 2022.

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

Comparison In 2022,  Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Falkland Islands exported $5.59M to United Kingdom. The main products exported from Falkland Islands to United Kingdom were Wool ($2.41M), Sheep and Goat Meat ($2.15M), and Molluscs ($279k). During the last 5 years the exports of Falkland Islands to United Kingdom have increased at an annualized rate of 3.75%, from $4.65M in 2017 to $5.59M in 2022.

In 2017, United Kingdom exported $79.4M to Falkland Islands. The main products exported from United Kingdom to Falkland Islands were Prefabricated Buildings ($7.24M), Planes, Helicopters, and/or Spacecraft ($6.16M), and Iron Structures ($2.59M). During the last 5 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 6.85%, from $57M in 2022 to $79.4M in 2017.

Exports from Falkland Islands (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Falkland Islands (Flag) (2022)

Latest Data

Trade between Falkland Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Falkland Islands
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Falkland Islands (Flag) (2022)

Comparative Advantage Falkland Islands - United Kingdom

Flow
Scale

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

During 2022, Falkland Islands had a large net trade with United Kingdom in the exports of Animal Products ($2.62M), Textiles ($2.41M), and Machines ($182k).

During 2017, United Kingdom had a large net trade with Falkland Islands in the exports of Machines ($17.7M), Transportation ($13.1M), and Miscellaneous ($9.65M).

Economic Complexity

Competitive Landscape

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

Product Space of Falkland Islands (Flag) and United Kingdom (Flag) (2022)

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