Portugal (PRT) and Falkland Islands (FLK) Trade | The Observatory of Economic Complexity

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Portugal-Falkland Islands Trade: In 2023, Portugal exported $12.3k to Falkland Islands. The main products that Portugal exported to Falkland Islands were Iron Blocks ($6.03k), Aluminium Structures ($5.17k), and Other Iron Products ($1.06k). Over the past 5 years the exports of Portugal to Falkland Islands have increased at an annualized rate of 48.2%, from $1.71k in 2018 to $12.3k in 2023.

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

Falkland Islands-Portugal Trade: In 2023, Falkland Islands exported $249k to Portugal. The main products that Falkland Islands exported to Portugal were Non-fillet Frozen Fish ($249k) and Knit Women's Suits ($38). Over the past 5 years the exports of Falkland Islands to Portugal have increased at an annualized rate of 1.16%, from $225k in 2018 to $249k in 2023.

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

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €20 and imported €31.8k from Falkland Islands, resulting in a negative trade balance of €31.8k. Between November 2023 and November 2024 the exports of Portugal have increased by €20 (N/A%) from €0 to €20, while imports decreased by €-48k (-60.1%) from €79.8k to €31.8k.

Trade In November 2024, the top exports of Portugal to Falkland Islands were Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0). In November 2024 the top imports of Portugal from Falkland Islands were Fish, Crustaceans & Molluscs (€21.5k), Live animals (€0), Meat & edible offal (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€20(N/A%)

IMPORT GROWTH (November 2023 - November 2024)€-48k(-60.1%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $12.3k to Falkland Islands. The main products exported from Portugal to Falkland Islands were Iron Blocks ($6.03k), Aluminium Structures ($5.17k), and Other Iron Products ($1.06k). During the last 5 years the exports of Portugal to Falkland Islands have increased at an annualized rate of 48.2%, from $1.71k in 2018 to $12.3k in 2023.

In 2018, Falkland Islands exported $249k to Portugal. The main products exported from Falkland Islands to Portugal were Non-fillet Frozen Fish ($249k) and Knit Women's Suits ($38). During the last 5 years the exports of Falkland Islands to Portugal have increased at an annualized rate of 1.16%, from $225k in 2023 to $249k in 2018.

Exports from Portugal () to Falkland Islands () (2023)

Exports from Falkland Islands () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Falkland Islands
Top DestinationSpain$248M

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

In 2023, countries that imported more from Portugal than Falkland Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Falkland Islands than Portugal included Namibia ($10M).

Difference in imports from Falkland Islands () and Portugal () (2023)

Comparative Advantage Portugal - Falkland Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Falkland Islands in the exports of Metals ($12.3k).

During 2018, Falkland Islands had a large net trade with Portugal in the exports of Animal Products ($249k) and Textiles ($38).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Portugal and Falkland Islands. This means that a dot/product with the flag of Portugal 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 Portugal.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Falkland Islands () (2023)

Exports from Falkland Islands () to Portugal () (2023)

Market Competitiveness

Difference in imports from Falkland Islands () and Portugal () (2023)

Comparative Advantage Portugal - Falkland Islands

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Falkland Islands () (2023)

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