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2023
Flag → Flag
Exports $444kRnk 26 / 60
2023
Flag → Flag
Top Product $270kWool
2023
Flag → Flag
Exports $2.05kRnk 218 / 219
2023
Flag → Flag
Top Product $2.05kWine
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Falkland Islands-Italy Trade: In 2023, Falkland Islands exported $444k to Italy. The main products that Falkland Islands exported to Italy were Wool ($270k), Non-fillet Frozen Fish ($113k), and Molluscs ($60.8k). Over the past 5 years the exports of Falkland Islands to Italy have increased at an annualized rate of 4.2%, from $361k in 2018 to $444k in 2023.

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

Italy-Falkland Islands Trade: In 2023, Italy exported $2.05k to Falkland Islands. The main products that Italy exported to Falkland Islands were Wine ($2.05k). Over the past 5 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 1.59%,  from $2.78k in 2018 to $2.05k in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $444k to Italy. The main products exported from Falkland Islands to Italy were Wool ($270k), Non-fillet Frozen Fish ($113k), and Molluscs ($60.8k). During the last 5 years the exports of Falkland Islands to Italy have increased at an annualized rate of 4.2%, from $361k in 2018 to $444k in 2023.

In 2018, Italy exported $2.05k to Falkland Islands. The main products exported from Italy to Falkland Islands were Wine ($2.05k). During the last 5 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 1.59%, from $2.78k in 2023 to $2.05k in 2018.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Falkland Islands
Top DestinationSpain$248M
Italy
Top DestinationGermany$71.4B

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

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

In 2023, countries that imported more from Italy than Falkland Islands included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Falkland Islands - Italy

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Italy in the exports of Textiles ($270k) and Animal Products ($173k).

During 2018, Italy had a large net trade with Falkland Islands in the exports of Foodstuffs ($2.05k).

Economic Complexity

Competitive Landscape

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

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

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