Iceland (ISL) and Falkland Islands (FLK) Trade | The Observatory of Economic Complexity

About

Iceland-Falkland Islands Trade: In 2021, Iceland exported $2.31k to Falkland Islands. The main products that Iceland exported to Falkland Islands were N/A. Over the past 7 years the exports of Iceland to Falkland Islands have decreased at an annualized rate of 21.7%, from $12.8k in 2014 to $2.31k in 2021.

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

Falkland Islands-Iceland In N/A, Falkland Islands did not export any products to Iceland.

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

Comparison In 2023, Iceland ranked 115 in total exports ($7.31B). That same year, Falkland Islands ranked 175 in total exports ($363M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Iceland exported $2.31k to Falkland Islands. There were not main exports from Iceland to Falkland Islands in 2021. During the last 7 years the exports of Iceland to Falkland Islands have decreased at an annualized rate of 21.7%, from $12.8k in 2014 to $2.31k in 2021.

Falkland Islands does not register exports to Iceland. The main products exported from Falkland Islands to Iceland were Molluscs ($596k).

Exports from Iceland () to Falkland Islands () (2023)

Exports from Falkland Islands () to Iceland () (2023)

Latest Data

Trade between Iceland () and Falkland Islands ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Falkland Islands
Top DestinationSpain$248M

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 2023, countries that imported more from Iceland than Falkland Islands included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Falkland Islands than Iceland included Morocco ($36.6M), Namibia ($10M), and Malaysia ($2.8M).

Difference in imports from Falkland Islands () and Iceland () (2023)

Comparative Advantage Iceland - Falkland Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iceland () to Falkland Islands () (2023)

Exports from Falkland Islands () to Iceland () (2023)

Latest Data

Trade between Iceland () and Falkland Islands ()

Iceland Exports

Market Competitiveness

Difference in imports from Falkland Islands () and Iceland () (2023)

Comparative Advantage Iceland - Falkland Islands

Economic Complexity

Competitive Landscape

Product Space of Iceland () and Falkland Islands () (2023)

Keep Exploring