Falkland Islands (FLK) and Russia (RUS) Trade | The Observatory of Economic Complexity

2021

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Exports $1.09MRnk 130 / 0

2021

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Exports $1.29MRnk 98 / 0

2022

Economic Complexity (ECI) ECI 0.43Rnk 47 / 133

2022

GDP$2.24TCURRENT US$
Rnk 8 / 186

2012-2022

GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186

2022

GDP PC$15,345CURRENT US$
Rnk 63 / 186

2012-2022

GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Falkland Islands-Russia Trade: In 2021, Falkland Islands exported $1.09M to Russia. The main products that Falkland Islands exported to Russia were N/A. Over the past 5 years the exports of Falkland Islands to Russia have increased at an annualized rate of 91%, from $43k in 2016 to $1.09M in 2021.

In 2021, Falkland Islands did not export any services to Russia.

Russia-Falkland Islands Trade: In 2021, Russia exported $1.29M to Falkland Islands. The main products that Russia exported to Falkland Islands were N/A. Over the past 5 years the exports of Russia to Falkland Islands have decreased at an annualized rate of 30%, from $7.66M in 2016 to $1.29M in 2021.

In 2020, Russia exported services to Falkland Islands worth $7k, with Computer and information services ($6k) and Insurance services ($1k) being the largest in terms of value.

Comparison In 2022, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Latest Data

Trade between Falkland Islands () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Falkland Islands
Top DestinationSpain$268M

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Falkland Islands than Russia included Namibia ($18.2M) and Zambia ($9.19k).

In 2022, countries that imported more from Russia than Falkland Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Falkland Islands () (2022)

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Falkland Islands worth $7k, with Computer and information services ($6k) and Insurance services ($1k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Falkland Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

About

Historical Data

Latest Data

Trade between Falkland Islands () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Falkland Islands () (2022)

Bilateral Service Trade

Services Exports from Russia () to Falkland Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Falkland Islands () and Russia () (NaN)

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