2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Falkland Islands-Norway Trade: In 2022, Falkland Islands exported $6.59k to Norway. The main products that Falkland Islands exported to Norway were Molluscs ($6.59k). Over the past 7 years the exports of Falkland Islands to Norway have increased at an annualized rate of 30.5%, from $1.02k in 2015 to $6.59k in 2022.

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

Norway-Falkland Islands Trade: In 2022, Norway exported $5.94k to Falkland Islands. The main products that Norway exported to Falkland Islands were Soups and Broths ($4.49k) and Refined Petroleum ($1.45k). Over the past 7 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 25.7%,  from $26.2k in 2015 to $5.94k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Falkland Islands exported $6.59k to Norway. The main products exported from Falkland Islands to Norway were Molluscs ($6.59k). During the last 7 years the exports of Falkland Islands to Norway have increased at an annualized rate of 30.5%, from $1.02k in 2015 to $6.59k in 2022.

In 2017, Norway exported $5.94k to Falkland Islands. The main products exported from Norway to Falkland Islands were Soups and Broths ($4.49k) and Refined Petroleum ($1.45k). During the last 5 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 25.7%, from $26.2k in 2022 to $5.94k in 2017.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$268M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Falkland Islands than Norway included Namibia ($18.2M).

In 2022, countries that imported more from Norway than Falkland Islands included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Falkland Islands - Norway

Flow
Scale

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

During 2022, Falkland Islands had a large net trade with Norway in the exports of Animal Products ($6.59k).

During 2017, Norway had a large net trade with Falkland Islands in the exports of Foodstuffs ($4.49k) and Mineral Products ($1.45k).

Economic Complexity

Competitive Landscape

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

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

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