2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Falkland Islands Trade: In 2018, Russia exported $1.29M to Falkland Islands. The main products that Russia exported to Falkland Islands were N/A. Over the past 5 years the exports of Russia to Falkland Islands have decreased at an annualized rate of 30%, from $7.66M in 2013 to $1.29M in 2018.

In 2020, Russia exported services to Falkland Islands worth $7k, with Computer and information services ($6k) and Insurance services ($1k) being the largest in terms of value.

Falkland Islands-Russia Trade: In 2018, Falkland Islands exported $1.09M to Russia. The main products that Falkland Islands exported to Russia were N/A. Over the past 5 years the exports of Falkland Islands to Russia have increased at an annualized rate of 91%,  from $43k in 2013 to $1.09M in 2018.

In 2018, Falkland Islands did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Russia exported $1.29M to Falkland Islands. There were not main exports from Russia to Falkland Islands in 2018. During the last 5 years the exports of Russia to Falkland Islands have decreased at an annualized rate of 30%, from $7.66M in 2013 to $1.29M in 2018.

In 2016, Falkland Islands exported $1.09M to Russia. There were not main exports from Falkland Islands to Russia in 2016. During the last 5 years the exports of Falkland Islands to Russia have increased at an annualized rate of 91%, from $43k in 2021 to $1.09M in 2016.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Falkland Islands
Top Destination
Spain$268M

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

In 2022, countries that imported more from Russia than Falkland Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Falkland Islands than Russia included Namibia ($18.2M) and Zambia ($9.19k).

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

Comparative Advantage Russia - Falkland Islands

Flow
Scale

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

During 2018, Russia had a large net trade with Falkland Islands in the exports of .

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

Economic Complexity

Competitive Landscape

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

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

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