2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Falkland Islands-South Africa Trade: In 2022, Falkland Islands exported $3.3M to South Africa. The main products that Falkland Islands exported to South Africa were Molluscs ($3.3M), Motor vehicles; parts and accessories (8701 to 8705) ($62), and Gaskets ($5). Over the past 5 years the exports of Falkland Islands to South Africa have increased at an annualized rate of 50.4%, from $428k in 2017 to $3.3M in 2022.

In 2022, Falkland Islands did not export any services to South Africa.

South Africa-Falkland Islands Trade: In 2022, South Africa exported $46.5k to Falkland Islands. The main products that South Africa exported to Falkland Islands were Delivery Trucks ($35.4k), Combustion Engines ($3.99k), and Additive manufacturing machines ($3.43k). Over the past 5 years the exports of South Africa to Falkland Islands have decreased at an annualized rate of 25.9%,  from $208k in 2017 to $46.5k in 2022.

In 2022, South Africa did not export any services to Falkland Islands.

Comparison In 2022,  Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Falkland Islands exported $3.3M to South Africa. The main products exported from Falkland Islands to South Africa were Molluscs ($3.3M), Motor vehicles; parts and accessories (8701 to 8705) ($62), and Gaskets ($5). During the last 5 years the exports of Falkland Islands to South Africa have increased at an annualized rate of 50.4%, from $428k in 2017 to $3.3M in 2022.

In 2017, South Africa exported $46.5k to Falkland Islands. The main products exported from South Africa to Falkland Islands were Delivery Trucks ($35.4k), Combustion Engines ($3.99k), and Additive manufacturing machines ($3.43k). During the last 5 years the exports of South Africa to Falkland Islands have decreased at an annualized rate of 25.9%, from $208k in 2022 to $46.5k in 2017.

Exports from Falkland Islands (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Falkland Islands (Flag) (2022)

Latest Data

Trade between Falkland Islands (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$268M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Falkland Islands than from South Africa.

In 2022, countries that imported more from South Africa than Falkland Islands included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Falkland Islands (Flag) (2022)

Comparative Advantage Falkland Islands - South Africa

Flow
Scale

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

During 2022, Falkland Islands had a large net trade with South Africa in the exports of Animal Products ($3.3M), Transportation ($62), and Machines ($5).

During 2017, South Africa had a large net trade with Falkland Islands in the exports of Transportation ($36.2k), Machines ($7.64k), and Foodstuffs ($2.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Falkland Islands (Flag) and South Africa (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with