2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Falkland Islands-Thailand Trade: In 2023, Falkland Islands exported $2.57M to Thailand. The main products that Falkland Islands exported to Thailand were Molluscs ($2.57M) and Industrial Food Preperation Machinery ($176). Over the past 5 years the exports of Falkland Islands to Thailand have decreased at an annualized rate of 8.12%, from $3.92M in 2018 to $2.57M in 2023.

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

Thailand-Falkland Islands Trade: In 2023, Thailand exported $699 to Falkland Islands. The main products that Thailand exported to Falkland Islands were Other Electrical Machinery ($699). Over the past 5 years the exports of Thailand to Falkland Islands have decreased at an annualized rate of 55.3%,  from $39.3k in 2018 to $699 in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $2.57M to Thailand. The main products exported from Falkland Islands to Thailand were Molluscs ($2.57M) and Industrial Food Preperation Machinery ($176). During the last 5 years the exports of Falkland Islands to Thailand have decreased at an annualized rate of 8.12%, from $3.92M in 2018 to $2.57M in 2023.

In 2018, Thailand exported $699 to Falkland Islands. The main products exported from Thailand to Falkland Islands were Other Electrical Machinery ($699). During the last 5 years the exports of Thailand to Falkland Islands have decreased at an annualized rate of 55.3%, from $39.3k in 2023 to $699 in 2018.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$248M
Thailand
Top Destination
United States$58.5B

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

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

In 2023, countries that imported more from Thailand than Falkland Islands included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Falkland Islands - Thailand

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Thailand in the exports of Animal Products ($2.57M) and Machines ($176).

During 2018, Thailand had a large net trade with Falkland Islands in the exports of Machines ($699).

Economic Complexity

Competitive Landscape

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

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

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