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2023
Flag → Flag
Exports $22.5kRnk 40 / 60
2023
Flag → Flag
Top Product $8.24kSports Equipment
2023
Flag → Flag
Exports $81.7kRnk 200 / 211
2023
Flag → Flag
Top Product $17.3kElectric Generating Sets
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Falkland Islands-Australia Trade: In 2023, Falkland Islands exported $22.5k to Australia. The main products that Falkland Islands exported to Australia were Sports Equipment ($8.24k), Medical Instruments ($4.96k), and Brochures ($4.27k). Over the past 5 years the exports of Falkland Islands to Australia have increased at an annualized rate of 6.82%, from $16.1k in 2018 to $22.5k in 2023.

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

Australia-Falkland Islands Trade: In 2023, Australia exported $81.7k to Falkland Islands. The main products that Australia exported to Falkland Islands were Electric Generating Sets ($17.3k), Other Inedible Animal Products ($11.6k), and Hormones ($9.85k). Over the past 5 years the exports of Australia to Falkland Islands have increased at an annualized rate of 0.15%,  from $79.4k in 2018 to $81.7k in 2023.

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

Comparison In 2023,  Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $22.5k to Australia. The main products exported from Falkland Islands to Australia were Sports Equipment ($8.24k), Medical Instruments ($4.96k), and Brochures ($4.27k). During the last 5 years the exports of Falkland Islands to Australia have increased at an annualized rate of 6.82%, from $16.1k in 2018 to $22.5k in 2023.

In 2018, Australia exported $81.7k to Falkland Islands. The main products exported from Australia to Falkland Islands were Electric Generating Sets ($17.3k), Other Inedible Animal Products ($11.6k), and Hormones ($9.85k). During the last 5 years the exports of Australia to Falkland Islands have increased at an annualized rate of 0.15%, from $79.4k in 2023 to $81.7k in 2018.

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

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

Latest Data

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

Australia Exports

Market Competitiveness

Color
Falkland Islands
Top DestinationSpain$248M
Australia
Top DestinationChina$137B

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

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

In 2023, countries that imported more from Australia than Falkland Islands included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Falkland Islands - Australia

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Australia in the exports of Miscellaneous ($8.24k), Machines ($4.98k), and Instruments ($4.96k).

During 2018, Australia had a large net trade with Falkland Islands in the exports of Machines ($29.8k), Textiles ($16.4k), and Animal Products ($11.6k).

Economic Complexity

Competitive Landscape

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

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

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