2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

United States-Falkland Islands Trade: In 2023, United States exported $329k to Falkland Islands. The main products that United States exported to Falkland Islands were Broadcasting Equipment ($118k), Chemical Analysis Instruments ($72.5k), and Gas and Liquid Flow Measuring Instruments ($34.4k). Over the past 5 years the exports of United States to Falkland Islands have increased at an annualized rate of 10.5%, from $200k in 2018 to $329k in 2023.

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

Falkland Islands-United States Trade: In 2023, Falkland Islands exported $27.4M to United States. The main products that Falkland Islands exported to United States were Non-fillet Frozen Fish ($26.2M), Molluscs ($601k), and Fish Fillets ($224k). Over the past 5 years the exports of Falkland Islands to United States have increased at an annualized rate of 15.8%,  from $13.1M in 2018 to $27.4M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Falkland Islands ranked 175 in total exports ($363M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Pernod Ricard (11) were at the forefront of exporting goods from Falkland Islands to the United States. Conversely, Chivas Brothers International (10) and Chivas Brothers Ltd (1) were notable for importing products to Falkland Islands from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $329k to Falkland Islands. The main products exported from United States to Falkland Islands were Broadcasting Equipment ($118k), Chemical Analysis Instruments ($72.5k), and Gas and Liquid Flow Measuring Instruments ($34.4k). During the last 5 years the exports of United States to Falkland Islands have increased at an annualized rate of 10.5%, from $200k in 2018 to $329k in 2023.

In 2018, Falkland Islands exported $27.4M to United States. The main products exported from Falkland Islands to United States were Non-fillet Frozen Fish ($26.2M), Molluscs ($601k), and Fish Fillets ($224k). During the last 5 years the exports of Falkland Islands to United States have increased at an annualized rate of 15.8%, from $13.1M in 2023 to $27.4M in 2018.

Exports from United States (Flag) to Falkland Islands (Flag) (2023)

Exports from Falkland Islands (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
Falkland Islands
Top Destination
Spain$248M

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

In 2023, countries that imported more from United States than Falkland Islands included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Falkland Islands than from United States.

Difference in imports from Falkland Islands (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Falkland Islands

Flow
Scale

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

During 2023, United States had a large net trade with Falkland Islands in the exports of Machines ($190k), Instruments ($116k), and Plastics and Rubbers ($9k).

During 2018, Falkland Islands had a large net trade with United States in the exports of Animal Products ($27M), Machines ($207k), and Textiles ($128k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Falkland Islands (Flag) (2023)

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