2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Falkland Islands-Canada Trade: In 2023, Falkland Islands exported $29.9k to Canada. The main products that Falkland Islands exported to Canada were Non-fillet Frozen Fish ($26.8k), Motor vehicles; parts and accessories (8701 to 8705) ($1.64k), and Metal Mountings ($625). Over the past 5 years the exports of Falkland Islands to Canada have decreased at an annualized rate of 46.9%, from $712k in 2018 to $29.9k in 2023.

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

Canada-Falkland Islands Trade: In 2023, Canada exported $66k to Falkland Islands. The main products that Canada exported to Falkland Islands were Broadcasting Equipment ($38.8k), Computers ($13.2k), and Hats ($11.7k). Over the past 5 years the exports of Canada to Falkland Islands have decreased at an annualized rate of 19.4%,  from $194k in 2018 to $66k in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $29.9k to Canada. The main products exported from Falkland Islands to Canada were Non-fillet Frozen Fish ($26.8k), Motor vehicles; parts and accessories (8701 to 8705) ($1.64k), and Metal Mountings ($625). During the last 5 years the exports of Falkland Islands to Canada have decreased at an annualized rate of 46.9%, from $712k in 2018 to $29.9k in 2023.

In 2018, Canada exported $66k to Falkland Islands. The main products exported from Canada to Falkland Islands were Broadcasting Equipment ($38.8k), Computers ($13.2k), and Hats ($11.7k). During the last 5 years the exports of Canada to Falkland Islands have decreased at an annualized rate of 19.4%, from $194k in 2023 to $66k in 2018.

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

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

Latest Data

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

Canada Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$248M
Canada
Top Destination
United States$410B

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

In 2023, no countries were registered that imported more from Falkland Islands than from Canada.

In 2023, countries that imported more from Canada than Falkland Islands included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Falkland Islands - Canada

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with Canada in the exports of Animal Products ($26.9k), Transportation ($1.64k), and Metals ($686).

During 2018, Canada had a large net trade with Falkland Islands in the exports of Machines ($52k), Footwear and Headwear ($11.7k), and Miscellaneous ($2.29k).

Economic Complexity

Competitive Landscape

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

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

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