South Korea (KOR) and Falkland Islands (FLK) Trade | The Observatory of Economic Complexity

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South Korea-Falkland Islands Trade: In 2022, South Korea exported $2.26k to Falkland Islands. The main products that South Korea exported to Falkland Islands were Engine Parts ($2.26k). Over the past 5 years the exports of South Korea to Falkland Islands have decreased at an annualized rate of 44.3%, from $42.3k in 2017 to $2.26k in 2022.

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

Falkland Islands-South Korea Trade: In 2022, Falkland Islands exported $15.5k to South Korea. The main products that Falkland Islands exported to South Korea were Knit T-shirts ($8.6k), Computers ($2.56k), and Knit Sweaters ($1.97k). Over the past 5 years the exports of Falkland Islands to South Korea have decreased at an annualized rate of 38.1%, from $170k in 2017 to $15.5k in 2022.

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

Comparison In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, South Korea exported $N/A and imported $N/A from Falkland Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of South Korea have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of South Korea to Falkland Islands were . In N/A the top imports of South Korea from Falkland Islands were .

Growth In N/A, the N/A in South Korea's year-by-year exports to Falkland Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in South Korea's year-by-year imports from Falkland Islands was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, South Korea exported $2.26k to Falkland Islands. The main products exported from South Korea to Falkland Islands were Engine Parts ($2.26k). During the last 5 years the exports of South Korea to Falkland Islands have decreased at an annualized rate of 44.3%, from $42.3k in 2017 to $2.26k in 2022.

In 2017, Falkland Islands exported $15.5k to South Korea. The main products exported from Falkland Islands to South Korea were Knit T-shirts ($8.6k), Computers ($2.56k), and Knit Sweaters ($1.97k). During the last 5 years the exports of Falkland Islands to South Korea have decreased at an annualized rate of 38.1%, from $170k in 2022 to $15.5k in 2017.

Exports from South Korea () to Falkland Islands () (2022)

Exports from Falkland Islands () to South Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

South Korea
Top DestinationChina$150B

Falkland Islands
Top DestinationSpain$268M

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

In 2022, countries that imported more from South Korea than Falkland Islands included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Difference in imports from Falkland Islands () and South Korea () (2022)

Comparative Advantage South Korea - Falkland Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, South Korea had a large net trade with Falkland Islands in the exports of Machines ($2.26k).

During 2017, Falkland Islands had a large net trade with South Korea in the exports of Textiles ($11.2k), Machines ($3.71k), and Footwear and Headwear ($639).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of South Korea and Falkland Islands. This means that a dot/product with the flag of South Korea 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 South Korea.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Falkland Islands () (2022)

Exports from Falkland Islands () to South Korea () (2022)

Market Competitiveness

Difference in imports from Falkland Islands () and South Korea () (2022)

Comparative Advantage South Korea - Falkland Islands

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Falkland Islands () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Falkland Islands () (2022)

Exports from Falkland Islands () to South Korea () (2022)

Market Competitiveness

Difference in imports from Falkland Islands () and South Korea () (2022)

Comparative Advantage South Korea - Falkland Islands

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Falkland Islands () (2022)

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