Portugal (PRT) and Falkland Islands (FLK) Trade | The Observatory of Economic Complexity

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Portugal-Falkland Islands In 2022, Portugal exported $64 to Falkland Islands. The main products that Portugal exported to Falkland Islands are Beauty Products ($40) and Cleaning Products ($24). During the last 26 years the exports of Portugal to Falkland Islands have decreased at an annualized rate of 37.4%, from $12.2M in 1996 to $64 in 2022.

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

Falkland Islands-Portugal In 2022, Falkland Islands exported $498 to Portugal. The main products that Falkland Islands exported to Portugal were N/A. During the last 26 years the exports of Falkland Islands to Portugal have decreased at an annualized rate of 24.9%, from $848k in 1996 to $498 in 2022.

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

Comparison In 2022, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

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Overview In January 2024, Portugal exported €0 and imported €236k from Falkland Islands, resulting in a negative trade balance of €236k. Between January 2023 and January 2024 the exports of Portugal have remained the same by €0 (N/A%) from €0 to €0, while imports increased by €214k (994%) from €21.5k to €236k.

Trade In January 2024, the top exports of Portugal to Falkland Islands were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0). In January 2024 the top imports of Portugal from Falkland Islands were Fish, crustaceans, & molluscs (€21.5k), Live animals (€0), Meat & edible offal (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In January 2024, the change in Portugal's year-by-year exports to Falkland Islands was explained primarily by an decrease in product exports in . In January 2024, the increase in Portugal's year-by-year imports from Falkland Islands was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€0(N/A%)

IMPORT GROWTH (January 2023 - January 2024)€214k(994%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $64 to Falkland Islands. The main products exported from Portugal to Falkland Islands were Beauty Products ($40) and Cleaning Products ($24). During the last 26 years the exports of Portugal to Falkland Islands have decreased at an annualized rate of 37.4%, from $12.2M in 1996 to $64 in 2022.

In 2020, Falkland Islands exported $498 to Portugal. There were not main exports from Falkland Islands to Portugal in 2020. During the last 25 years the exports of Falkland Islands to Portugal have decreased at an annualized rate of 24.9%, from $848k in 1995 to $498 in 2020.

Exports from Portugal () to Falkland Islands () (2022)

Exports from Falkland Islands () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Falkland Islands
Top DestinationSpain$268M

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

In 2021, countries that imported more from Portugal than Falkland Islands were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Falkland Islands than Portugal were Namibia ($18.2M).

Difference in imports from Falkland Islands () and Portugal () (2022)

Comparative Advantage Portugal - Falkland Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Falkland Islands in the exports of Chemical Products ($64).

During 2020, Falkland Islands had a large net trade with Portugal in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to Falkland Islands () (2022)

Exports from Falkland Islands () to Portugal () (2022)

Market Competitiveness

Difference in imports from Falkland Islands () and Portugal () (2022)

Comparative Advantage Portugal - Falkland Islands

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Falkland Islands () (2022)

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