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2023
Flag → Flag
Exports $19.9kRnk 41 / 60
2023
Flag → Flag
Top Product $11.1kPulley Systems
2023
Flag → Flag
Exports $219kRnk 179 / 205
2023
Flag → Flag
Top Product $193kGravel and Crushed Stone
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
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GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Falkland Islands-Norway Trade: In 2023, Falkland Islands exported $19.9k to Norway. The main products that Falkland Islands exported to Norway were Pulley Systems ($11.1k), Molluscs ($8.2k), and Low-voltage Protection Equipment ($435). Over the past 7 years the exports of Falkland Islands to Norway have increased at an annualized rate of 42.4%, from $1.68k in 2016 to $19.9k in 2023.

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

Norway-Falkland Islands Trade: In 2023, Norway exported $219k to Falkland Islands. The main products that Norway exported to Falkland Islands were Gravel and Crushed Stone ($193k), Air Pumps ($6.09k), and Broadcasting Equipment ($5k). Over the past 7 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 12.1%,  from $2.89M in 2016 to $219k in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $19.9k to Norway. The main products exported from Falkland Islands to Norway were Pulley Systems ($11.1k), Molluscs ($8.2k), and Low-voltage Protection Equipment ($435). During the last 7 years the exports of Falkland Islands to Norway have increased at an annualized rate of 42.4%, from $1.68k in 2016 to $19.9k in 2023.

In 2018, Norway exported $219k to Falkland Islands. The main products exported from Norway to Falkland Islands were Gravel and Crushed Stone ($193k), Air Pumps ($6.09k), and Broadcasting Equipment ($5k). During the last 5 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 12.1%, from $2.89M in 2023 to $219k in 2018.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
Falkland Islands
Top DestinationSpain$248M
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Norway than Falkland Islands included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

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 2023, Falkland Islands had a large net trade with Norway in the exports of Machines ($11.7k) and Animal Products ($8.2k).

During 2018, Norway had a large net trade with Falkland Islands in the exports of Mineral Products ($193k), Machines ($23.9k), and Metals ($1.04k).

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) (2023)

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