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2023
Flag → Flag
Exports $596kRnk 24 / 60
2023
Flag → Flag
Top Product $596kMolluscs
2023
Flag → Flag
Exports $2.31kRnk 119 / 0
2023
Flag
 GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Falkland Islands-Iceland Trade: In 2023, Falkland Islands exported $596k to Iceland. The main products that Falkland Islands exported to Iceland were Molluscs ($596k). Over the past 24 years the exports of Falkland Islands to Iceland have decreased at an annualized rate of 1.71%, from $902k in 1999 to $596k in 2023.

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

Iceland-Falkland Islands Trade: In 2023, Iceland exported $2.31k to Falkland Islands. The main products that Iceland exported to Falkland Islands were N/A. Over the past 24 years the exports of Iceland to Falkland Islands have decreased at an annualized rate of 28.5%,  from $12.4k in 1999 to $2.31k in 2023.

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

Comparison In 2023,  Falkland Islands ranked 175 in total exports ($363M). That same year, Iceland ranked 115 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $596k to Iceland. The main products exported from Falkland Islands to Iceland were Molluscs ($596k). During the last 24 years the exports of Falkland Islands to Iceland have decreased at an annualized rate of 1.71%, from $902k in 1999 to $596k in 2023.

In 2016, Iceland exported $2.31k to Falkland Islands. There were not main exports from Iceland to Falkland Islands in 2016. During the last 5 years the exports of Iceland to Falkland Islands have decreased at an annualized rate of 28.5%, from $12.4k in 2021 to $2.31k in 2016.

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

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

Latest Data

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

Iceland Exports

Market Competitiveness

Color
Falkland Islands
Top DestinationSpain$248M
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Falkland Islands than Iceland included Morocco ($36.6M), Namibia ($10M), and Malaysia ($2.8M).

In 2023, countries that imported more from Iceland than Falkland Islands included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

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

Comparative Advantage Falkland Islands - Iceland

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Iceland in the exports of Animal Products ($596k).

During 2016, Iceland had a large net trade with Falkland Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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