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2022
Flag → Flag
Exports $5.94kRnk 200 / 209
2022
Flag → Flag
Top Product $4.49kSoups and Broths
2022
Flag → Flag
Exports $6.59kRnk 33 / 53
2022
Flag → Flag
Top Product $6.59kMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Falkland Islands Trade: In 2022, Norway exported $5.94k to Falkland Islands. The main products that Norway exported to Falkland Islands were Soups and Broths ($4.49k) and Refined Petroleum ($1.45k). Over the past 5 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 25.7%, from $26.2k in 2017 to $5.94k in 2022.

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

Falkland Islands-Norway Trade: In 2022, Falkland Islands exported $6.59k to Norway. The main products that Falkland Islands exported to Norway were Molluscs ($6.59k). Over the past 5 years the exports of Falkland Islands to Norway have increased at an annualized rate of 92.1%,  from $252 in 2017 to $6.59k in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK2k and imported NOK0 from Falkland Islands, resulting in a positive trade balance of NOK2k. Between September 2023 and September 2024 the exports of Norway have increased by NOK2k (N/A%) from NOK0 to NOK2k, while imports decreased by NOK-3k (-100%) from NOK3k to NOK0.

Trade In September 2024, the top exports of Norway to Falkland Islands were Iron and steel (NOK11k), Professional, scientific and controlling instruments and... (NOK9k), General industrial machinery and equipment, n.e.s.,... (NOK3k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In September 2024 the top imports of Norway from Falkland Islands were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In September 2024, the increase in Norway's year-by-year exports to Falkland Islands was explained primarily by an increase in product exports in . In September 2024, the decrease in Norway's year-by-year imports  from Falkland Islands was explained primarily by an decrease in product imports  in Fish (not marine mammals), crustaceans, molluscs... (NOK-63k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK2k(N/A%)
IMPORT GROWTH (September 2023 - September 2024)NOK-3k(-100%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Falkland Islands and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Falkland Islands and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $5.94k to Falkland Islands. The main products exported from Norway to Falkland Islands were Soups and Broths ($4.49k) and Refined Petroleum ($1.45k). During the last 5 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 25.7%, from $26.2k in 2017 to $5.94k in 2022.

In 2017, Falkland Islands exported $6.59k to Norway. The main products exported from Falkland Islands to Norway were Molluscs ($6.59k). During the last 5 years the exports of Falkland Islands to Norway have increased at an annualized rate of 92.1%, from $252 in 2022 to $6.59k in 2017.

Exports from Norway (Flag) to Falkland Islands (Flag) (2022)

Exports from Falkland Islands (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Falkland Islands
Top DestinationSpain$268M

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

In 2022, countries that imported more from Norway than Falkland Islands included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Falkland Islands than Norway included Namibia ($18.2M).

Difference in imports from Falkland Islands (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Falkland Islands

Flow
Scale

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

During 2022, Norway had a large net trade with Falkland Islands in the exports of Foodstuffs ($4.49k) and Mineral Products ($1.45k).

During 2017, Falkland Islands had a large net trade with Norway in the exports of Animal Products ($6.59k).

Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Falkland Islands (Flag) (2022)

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