Falkland Islands (FLK) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Falkland Islands-Australia Trade: In 2022, Falkland Islands exported $7.93k to Australia. The main products that Falkland Islands exported to Australia were Non-Knit Men's Suits ($1.71k), Thermostats ($1.63k), and Centrifuges ($1.43k). Over the past 5 years the exports of Falkland Islands to Australia have decreased at an annualized rate of 20.6%, from $25.2k in 2017 to $7.93k in 2022.

In 2022, Falkland Islands did not export any services to Australia.

Australia-Falkland Islands Trade: In 2022, Australia exported $162k to Falkland Islands. The main products that Australia exported to Falkland Islands were Animal Food ($34.6k), Medical Instruments ($32.9k), and Plastic Building Materials ($26k). Over the past 5 years the exports of Australia to Falkland Islands have decreased at an annualized rate of 2.43%, from $188k in 2017 to $162k in 2022.

In 2022, Australia did not export any services to Falkland Islands.

Comparison In 2022, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Falkland Islands exported $7.93k to Australia. The main products exported from Falkland Islands to Australia were Non-Knit Men's Suits ($1.71k), Thermostats ($1.63k), and Centrifuges ($1.43k). During the last 5 years the exports of Falkland Islands to Australia have decreased at an annualized rate of 20.6%, from $25.2k in 2017 to $7.93k in 2022.

In 2017, Australia exported $162k to Falkland Islands. The main products exported from Australia to Falkland Islands were Animal Food ($34.6k), Medical Instruments ($32.9k), and Plastic Building Materials ($26k). During the last 5 years the exports of Australia to Falkland Islands have decreased at an annualized rate of 2.43%, from $188k in 2022 to $162k in 2017.

Exports from Falkland Islands () to Australia () (2022)

Exports from Australia () to Falkland Islands () (2022)

Latest Data

Trade between Falkland Islands () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Falkland Islands
Top DestinationN/AN/A

Australia
Top DestinationN/AN/A

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.

N/A

Difference in imports from Australia () and Falkland Islands () (2022)

Comparative Advantage Falkland Islands - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Falkland Islands had a large net trade with Australia in the exports of Instruments ($2.8k), Textiles ($1.71k), and Machines ($1.43k).

During 2017, Australia had a large net trade with Falkland Islands in the exports of Foodstuffs ($34.6k), Plastics and Rubbers ($33k), and Instruments ($32.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Falkland Islands () to Australia () (2022)

Exports from Australia () to Falkland Islands () (2022)

Latest Data

Trade between Falkland Islands () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Falkland Islands () (2022)

Comparative Advantage Falkland Islands - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Falkland Islands () and Australia () (2022)

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