2022
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GDP
$27.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.7%CURRENT US$
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2022
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GDP PC 
$72,903CURRENT US$
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2012-2022
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GDP PC GROWTH
58.5%CURRENT US$
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About

Iceland-Falkland Islands In 2021, Iceland exported $2.31k to Falkland Islands. The main products that Iceland exported to Falkland Islands are N/A. During the last 25 years the exports of Iceland to Falkland Islands have increased at an annualized rate of 0.97%, from $1.81k in 1996 to $2.31k in 2021.

In 2021, Iceland did not export any services to Falkland Islands.

Falkland Islands-Iceland In 2021, Falkland Islands exported $18.7k to Iceland. The main products that Falkland Islands exported to Iceland were N/A. During the last 25 years the exports of Falkland Islands to Iceland have decreased at an annualized rate of 11.3%, from $378k in 1996 to $18.7k in 2021.

In 2021, Falkland Islands did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Falkland Islands ranked 178 in total exports ($382M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $2.31k to Falkland Islands. There were not main exports from Iceland to Falkland Islands in 2021. During the last 25 years the exports of Iceland to Falkland Islands have increased at an annualized rate of 0.97%, from $1.81k in 1996 to $2.31k in 2021.

In 2016, Falkland Islands exported $18.7k to Iceland. There were not main exports from Falkland Islands to Iceland in 2016. During the last 21 years the exports of Falkland Islands to Iceland have decreased at an annualized rate of 11.3%, from $378k in 1995 to $18.7k in 2016.

Exports from Iceland (Flag) to Falkland Islands (Flag) (2021)

Exports from Falkland Islands (Flag) to Iceland (Flag) (2021)

Latest Data

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

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Falkland Islands
Top Destination
Spain$268M

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

In 2021, countries that imported more from Iceland than Falkland Islands were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Falkland Islands than Iceland were Morocco ($33.9M), Namibia ($18.2M), and Montenegro ($542k).

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

Comparative Advantage Iceland - Falkland Islands

Flow
Scale

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

During 2021, Iceland had a large net trade with Falkland Islands in the exports of .

During 2016, Falkland Islands had a large net trade with Iceland in the exports of .

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 Iceland has comparative advantage over Falkland Islands. Similarly, the more yellow a dot/product is, the more Falkland Islands has comparative advantage over Iceland.

Product Space of Iceland (Flag) and Falkland Islands (Flag) (2021)

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