Flag Russia / Falkland Islands Flag

Exports FlagFlag  (2018): $1.29M, Rnk 165 / 187

Top Product FlagFlag (2018): $1.29M, Refined Petroleum

Exports FlagFlag (2018): $279k, Rnk 22 / 51

Top Product FlagFlag (2018): $209k, Molluscs

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Russia-Falkland Islands: In 2018, Russia exported $1.29M to Falkland Islands. The main products exported from Russia to Falkland Islands were Refined Petroleum ($1.29M). During the last 21 years the exports of Russia to Falkland Islands have increased at an annualized rate of 12.8%, from $102k in 1997 to $1.29M in 2018. In 2009, Russia exported services to Falkland Islands worth $2.5k, with Communications services ($2.5k) and Financial services ($2) being the largest in terms of value.

Falkland Islands-Russia: In 2018, Falkland Islands exported $279k to Russia. The main products exported from Falkland Islands to Russia were Molluscs ($209k) and Non-fillet Frozen Fish ($70.4k). During the last 15 years the exports of Falkland Islands to Russia have increased at an annualized rate of 26.5%, from $2k in 2003 to $279k in 2018.

Comparison: In 2018, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). That same year, Falkland Islands ranked 168 in total exports ($283M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Russia was ranked 69 with a GDP Per Capita of $11,289, while Falkland Islands has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Russia exported $1.29M to Falkland Islands. The main products exported from Russia to Falkland Islands were Refined Petroleum ($1.29M). During the last 21 years the exports of Russia to Falkland Islands have increased at an annualized rate of 12.8%, from $102k in 1997 to $1.29M in 2018.

In 2018, Falkland Islands exported $279k to Russia. The main products exported from Falkland Islands to Russia were Molluscs ($209k) and Non-fillet Frozen Fish ($70.4k). During the last 15 years the exports of Falkland Islands to Russia have increased at an annualized rate of 26.5%, from $2k in 2003 to $279k in 2018.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $55.2B

Falkland Islands
Top Destination
: Spain, $218M

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

In 2018, countries that imported more from Russia than Falkland Islands were China ($55.2B), Netherlands ($41B), and Germany ($23.3B).

In 2018, countries that imported more from Falkland Islands than Russia were Samoa ($12.3k).

Comparative Advantage Russia - Falkland Islands

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Depth

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

During 2018, Russia had a large net trade with Falkland Islands in the exports of Mineral Products ($1.29M).

During 2018, Falkland Islands had a large net trade with Russia in the exports of Animal Products ($279k).

Trade Forecasts

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This section shows a forecast for total trade between Russia 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

Bilateral Service Trade

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Rus Year

In 2009, Russia exported services to Falkland Islands worth $2.5k, with Communications services ($2.5k) and Financial services ($2) being the largest in terms of value.

Service trade data is presented based on availability.

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 Russia has comparative advantage over Falkland Islands. Similarly, the more red a dot/product is, the more Falkland Islands has comparative advantage over Russia.