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2023
Flag → Flag
Exports $219kRnk 179 / 205
2023
Flag → Flag
Top Product $193kGravel and Crushed Stone
2023
Flag → Flag
Exports $38.7MRnk 41 / 60
2023
Flag → Flag
Top Product $11.1kPulley Systems
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
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

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 5 years the exports of Norway to Falkland Islands have decreased at an annualized rate of 40.3%, from $2.89M in 2018 to $219k in 2023.

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

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

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK0 and imported NOK0 from Falkland Islands, resulting in a remained the same trade balance of NOK0. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-53k (-100%) from NOK53k to NOK0, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In December 2024, the top exports of Norway to Falkland Islands were Miscellaneous manufactured articles, n.e.s. (NOK932k), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK547k), Machinery specialized for particular industries (NOK19k), Other transport equipment (NOK8k), and Plastics in non-primary forms (NOK5k). In December 2024 the top imports of Norway from Falkland Islands were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In December 2024, the decrease in Norway's year-by-year exports to Falkland Islands was explained primarily by an decrease in product exports in Iron and steel (NOK-11k or -100%), Professional, scientific and controlling instruments and... (NOK-9k or -100%), and General industrial machinery and equipment, n.e.s.,... (NOK-3k or -100%). In December 2024, the change in Norway's year-by-year imports  from Falkland Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK-53k(-100%)
IMPORT GROWTH (December 2023 - December 2024)NOK0(N/A%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Falkland Islands and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Falkland Islands and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 40.3%, from $2.89M in 2018 to $219k in 2023.

Falkland Islands does not register exports 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).

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Norway - Falkland Islands

Flow
Scale

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

During 2023, 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 Norway and Falkland Islands. This means that a dot/product with the flag of Norway 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 Norway.

Product Space of Norway (Flag) and Falkland Islands (Flag) (2023)

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