2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Falkland Islands-United States Trade: In 2023, Falkland Islands exported $27.4M to United States. The main products that Falkland Islands exported to United States were Non-fillet Frozen Fish ($26.2M), Molluscs ($601k), and Fish Fillets ($224k). Over the past 5 years the exports of Falkland Islands to United States have increased at an annualized rate of 15.8%, from $13.1M in 2018 to $27.4M in 2023.

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

United States-Falkland Islands Trade: In 2023, United States exported $329k to Falkland Islands. The main products that United States exported to Falkland Islands were Broadcasting Equipment ($118k), Chemical Analysis Instruments ($72.5k), and Gas and Liquid Flow Measuring Instruments ($34.4k). Over the past 5 years the exports of United States to Falkland Islands have increased at an annualized rate of 4.25%,  from $200k in 2018 to $329k in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Falkland Islands exported $27.4M to United States. The main products exported from Falkland Islands to United States were Non-fillet Frozen Fish ($26.2M), Molluscs ($601k), and Fish Fillets ($224k). During the last 5 years the exports of Falkland Islands to United States have increased at an annualized rate of 15.8%, from $13.1M in 2018 to $27.4M in 2023.

In 2018, United States exported $329k to Falkland Islands. The main products exported from United States to Falkland Islands were Broadcasting Equipment ($118k), Chemical Analysis Instruments ($72.5k), and Gas and Liquid Flow Measuring Instruments ($34.4k). During the last 5 years the exports of United States to Falkland Islands have increased at an annualized rate of 4.25%, from $200k in 2023 to $329k in 2018.

Exports from Falkland Islands (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Falkland Islands (Flag) (2023)

Latest Data

Trade between Falkland Islands (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
Spain$248M
United States
Top Destination
Canada$269B

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

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

In 2023, countries that imported more from United States than Falkland Islands included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Falkland Islands (Flag) (2023)

Comparative Advantage Falkland Islands - United States

Flow
Scale

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

During 2023, Falkland Islands had a large net trade with United States in the exports of Animal Products ($27M), Machines ($207k), and Textiles ($128k).

During 2018, United States had a large net trade with Falkland Islands in the exports of Machines ($190k), Instruments ($116k), and Plastics and Rubbers ($9k).

Economic Complexity

Competitive Landscape

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

Product Space of Falkland Islands (Flag) and United States (Flag) (2023)

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