2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Finland-Falkland Islands Trade: In 2023, Finland exported $4.51k to Falkland Islands. The main products that Finland exported to Falkland Islands were Audio Alarms ($4.51k). Over the past 6 years the exports of Finland to Falkland Islands have increased at an annualized rate of 17.5%, from $1.71k in 2017 to $4.51k in 2023.

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

Falkland Islands-Finland Trade: In 2023, Falkland Islands exported $927 to Finland. The main products that Falkland Islands exported to Finland were Low-voltage Protection Equipment ($483) and Molluscs ($444). Over the past 6 years the exports of Falkland Islands to Finland have increased at an annualized rate of 72.3%,  from $61 in 2017 to $927 in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). That same year, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $4.51k to Falkland Islands. The main products exported from Finland to Falkland Islands were Audio Alarms ($4.51k). During the last 6 years the exports of Finland to Falkland Islands have increased at an annualized rate of 17.5%, from $1.71k in 2017 to $4.51k in 2023.

In 2018, Falkland Islands exported $927 to Finland. The main products exported from Falkland Islands to Finland were Low-voltage Protection Equipment ($483) and Molluscs ($444). During the last 5 years the exports of Falkland Islands to Finland have increased at an annualized rate of 72.3%, from $61 in 2023 to $927 in 2018.

Exports from Finland (Flag) to Falkland Islands (Flag) (2023)

Exports from Falkland Islands (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Falkland Islands (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Falkland Islands
Top Destination
Spain$248M

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

In 2023, countries that imported more from Finland than Falkland Islands included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Falkland Islands than Finland included Cape Verde ($1.15M).

Difference in imports from Falkland Islands (Flag) and Finland (Flag) (2023)

Comparative Advantage Finland - Falkland Islands

Flow
Scale

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

During 2023, Finland had a large net trade with Falkland Islands in the exports of Machines ($4.51k).

During 2018, Falkland Islands had a large net trade with Finland in the exports of Machines ($483) and Animal Products ($444).

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Falkland Islands (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with