Flag Norway / Falkland Islands Flag

Exports FlagFlag  (2018): $2.88M, Rnk 116 / 199

Top Product FlagFlag (2018): $2.82M, Non-fillet Frozen Fish

Exports FlagFlag (2016): $1.67k, Rnk 43 / 44

Top Product FlagFlag (2016): $1.67k, Video and Card Games

Economic Complexity of Flag (2018): ECI 0.85, Rnk 34 / 137

Norway-Falkland Islands: In 2018, Norway exported $2.88M to Falkland Islands. The main products exported from Norway to Falkland Islands were Non-fillet Frozen Fish ($2.82M), Knit Women's Coats ($15.1k), and Felt or Coated Fabric Garments ($10.9k). During the last 22 years the exports of Norway to Falkland Islands have increased at an annualized rate of 14.7%, from $142k in 1996 to $2.88M in 2018.

Falkland Islands-Norway: In 2016, Falkland Islands exported $1.67k to Norway. The main products exported from Falkland Islands to Norway were Video and Card Games ($1.67k). During the last 20 years the exports of Falkland Islands to Norway have decreased at an annualized rate of 24%, from $703k in 1996 to $1.67k in 2016.

Comparison: In 2018, Norway ranked 34 in the Economic Complexity Index (ECI 0.85), and 33 in total exports ($127B). That same year, Falkland Islands ranked 168 in total exports ($283M), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Norway exported $2.88M to Falkland Islands. The main products exported from Norway to Falkland Islands were Non-fillet Frozen Fish ($2.82M), Knit Women's Coats ($15.1k), and Felt or Coated Fabric Garments ($10.9k). During the last 22 years the exports of Norway to Falkland Islands have increased at an annualized rate of 14.7%, from $142k in 1996 to $2.88M in 2018.

In 2016, Falkland Islands exported $1.67k to Norway. The main products exported from Falkland Islands to Norway were Video and Card Games ($1.67k). During the last 20 years the exports of Falkland Islands to Norway have decreased at an annualized rate of 24%, from $703k in 1996 to $1.67k in 2016.

Market Competitiveness

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Measure

Norway
Top Destination
: United Kingdom, $25.8B

Falkland Islands
Top Destination
: Spain, $218M

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 2018, countries that imported more from Norway than Falkland Islands were United Kingdom ($25.8B), Germany ($20.2B), and Netherlands ($12.4B).

In 2018, no countries were registered that imported more from Falkland Islands than from Norway.

Comparative Advantage Norway - Falkland Islands

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Depth

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

During 2018, Norway had a large net trade with Falkland Islands in the exports of Animal Products ($2.82M), Textiles ($31k), and Footwear and Headwear ($11.8k).

During 2016, Falkland Islands had a large net trade with Norway in the exports of Miscellaneous ($1.67k).

Trade Forecasts

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This section shows a forecast for total trade between Norway and Falkland Islands. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 red.  This mean that the more blue a dot/product is, the more Norway has comparative advantage over Falkland Islands. Similarly, the more red a dot/product is, the more Falkland Islands has comparative advantage over Norway.