2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Falkland Islands-Spain In 2022, Falkland Islands exported $268M to Spain. The main products that Falkland Islands exported to Spain are Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). During the last 27 years the exports of Falkland Islands to Spain have increased at an annualized rate of 11.5%, from $14.3M in 1995 to $268M in 2022.

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

Spain-Falkland Islands In 2022, Spain exported $26M to Falkland Islands. The main products that Spain exported to Falkland Islands were Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). During the last 27 years the exports of Spain to Falkland Islands have increased at an annualized rate of 2.02%, from $15.2M in 1995 to $26M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Falkland Islands exported $268M to Spain. The main products exported from Falkland Islands to Spain were Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). During the last 27 years the exports of Falkland Islands to Spain have increased at an annualized rate of 11.5%, from $14.3M in 1995 to $268M in 2022.

In 2022, Spain exported $26M to Falkland Islands. The main products exported from Spain to Falkland Islands were Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). During the last 27 years the exports of Spain to Falkland Islands have increased at an annualized rate of 2.02%, from $15.2M in 1995 to $26M in 2022.

Exports from Falkland Islands (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Falkland Islands (Flag) (2022)

Latest Data

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

Spain Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$268M
Spain
Top Destination
France$65.2B

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

In 2019, no countries were registered that imported more from Falkland Islands than from Spain.

In 2021, countries that imported more from Spain than Falkland Islands were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain (Flag) and Falkland Islands (Flag) (2022)

Comparative Advantage Falkland Islands - Spain

Flow
Scale

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

During 2022, Falkland Islands had a large net trade with Spain in the exports of Animal Products ($267M), Textiles ($106k), and Machines ($99.6k).

During 2022, Spain had a large net trade with Falkland Islands in the exports of Mineral Products ($25.4M), Machines ($211k), and Textiles ($151k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Falkland Islands has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Falkland Islands.

Product Space of Falkland Islands (Flag) and Spain (Flag) (2022)

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