Flag United Kingdom / Falkland Islands Flag

2020
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Exports
: $63.8M, Rnk 111 / 221

2020
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Top Product
: $3.02M, Iron Structures

2020
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Exports
: $126M, Rnk 2 / 51

2020
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Top Product
: $123M, Planes, Helicopters, and/or Spacecraft

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
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GDP
: $2.76T, CURRENT US$
Rnk 5 / 204

2010-2020
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GDP GROWTH
: 10.7%, CURRENT US$
Rnk 139 / 204

2020
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GDP PC 
: $41,098, CURRENT US$
Rnk 27 / 204

2010-2020
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 127 / 204

United Kingdom-Falkland Islands In 2020, United Kingdom exported $63.8M to Falkland Islands. The main products that United Kingdom exported to Falkland Islands are Iron Structures ($3.02M), Cars ($2.4M), and Other Edible Preparations ($2.09M). During the last 25 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 4.14%, from $23.1M in 1995 to $63.8M in 2020.

In 2020, United Kingdom did not export any services to Falkland Islands.

Falkland Islands-United Kingdom In 2020, Falkland Islands exported $126M to United Kingdom. The main products that Falkland Islands exported to United Kingdom were Planes, Helicopters, and/or Spacecraft ($123M), Sheep and Goat Meat ($1.74M), and Wool ($533k). During the last 25 years the exports of Falkland Islands to United Kingdom have increased at an annualized rate of 12.7%, from $6.38M in 1995 to $126M in 2020.

In 2020, Falkland Islands did not export any services to United Kingdom.

Comparison In 2020,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42),  and 11 in total exports ($371B). That same year, Falkland Islands ranked 169 in total exports ($406M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United Kingdom exported $63.8M to Falkland Islands. The main products exported from United Kingdom to Falkland Islands were Iron Structures ($3.02M), Cars ($2.4M), and Other Edible Preparations ($2.09M). During the last 25 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 4.14%, from $23.1M in 1995 to $63.8M in 2020.

In 2020, Falkland Islands exported $126M to United Kingdom. The main products exported from Falkland Islands to United Kingdom were Planes, Helicopters, and/or Spacecraft ($123M), Sheep and Goat Meat ($1.74M), and Wool ($533k). During the last 25 years the exports of Falkland Islands to United Kingdom have increased at an annualized rate of 12.7%, from $6.38M in 1995 to $126M in 2020.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $51.7B

Falkland Islands
Top Destination
: Spain, $226M

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

In 2019, countries that imported more from United Kingdom than Falkland Islands were United States ($51.7B), Germany ($39.9B), and Ireland ($26.8B).

In 2019, no countries were registered that imported more from Falkland Islands than from United Kingdom.

Comparative Advantage United Kingdom - Falkland Islands

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Flow
Scale

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

During 2020, United Kingdom had a large net trade with Falkland Islands in the exports of Machines ($13.5M), Transportation ($9.23M), and Foodstuffs ($8.4M).

During 2020, Falkland Islands had a large net trade with United Kingdom in the exports of Transportation ($123M), Animal Products ($1.87M), and Textiles ($535k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Falkland Islands. Similarly, the more yellow a dot/product is, the more Falkland Islands has comparative advantage over United Kingdom.