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

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Falkland Islands-Russia Trade: In 2021, Falkland Islands exported $1.14M 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 91.1%, from $44.6k in 2016 to $1.14M 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 2023, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Falkland Islands exported $1.14M to Russia. There were not main exports from Falkland Islands to Russia in 2021. During the last 5 years the exports of Falkland Islands to Russia have increased at an annualized rate of 91.1%, from $44.6k in 2016 to $1.14M in 2021.

In 2013, Russia exported $1.29M to Falkland Islands. There were not main exports from Russia to Falkland Islands in 2013. During the last 5 years the exports of Russia to Falkland Islands have decreased at an annualized rate of 30%, from $7.66M in 2018 to $1.29M in 2013.

Exports from Falkland Islands () to Russia () (2021)

Exports from Russia () to Falkland Islands () (2021)

Latest Data

Trade between Falkland Islands () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Falkland Islands
Top DestinationSpain$248M

Russia
Top DestinationChina$129B

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 2023, countries that imported more from Falkland Islands than Russia included Cape Verde ($1.15M).

In 2023, countries that imported more from Russia than Falkland Islands included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Falkland Islands () (2023)

Comparative Advantage Falkland Islands - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Falkland Islands had a large net trade with Russia in the exports of .

During 2013, Russia had a large net trade with Falkland Islands in the exports of .

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Falkland Islands () to Russia () (2021)

Exports from Russia () to Falkland Islands () (2021)

Latest Data

Trade between Falkland Islands () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Falkland Islands () (2023)

Comparative Advantage Falkland Islands - Russia

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Falkland Islands () and Russia () (2021)

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