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Pricing

2022
Flag → Flag
Exports $79.4MRnk 109 / 224
2022
Flag → Flag
Top Product $7.24MPrefabricated Buildings
2022
Flag → Flag
Exports $5.59MRnk 6 / 53
2022
Flag → Flag
Top Product $2.41MWool
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Falkland Islands In 2022, United Kingdom exported $79.4M to Falkland Islands. The main products that United Kingdom exported to Falkland Islands are Prefabricated Buildings ($7.24M), Planes, Helicopters, and/or Spacecraft ($6.16M), and Iron Structures ($2.59M). During the last 27 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 4.67%, from $23.1M in 1995 to $79.4M in 2022.

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

Falkland Islands-United Kingdom In 2022, Falkland Islands exported $5.59M to United Kingdom. The main products that Falkland Islands exported to United Kingdom were Wool ($2.41M), Sheep and Goat Meat ($2.15M), and Molluscs ($279k). During the last 27 years the exports of Falkland Islands to United Kingdom have decreased at an annualized rate of 0.5%, from $6.41M in 1995 to $5.59M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38),  and 14 in total exports ($469B). That same year, Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £7.81M and imported £629k from Falkland Islands, resulting in a positive trade balance of £7.18M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-657k (-7.77%) from £8.47M to £7.81M, while imports increased by £501k (392%) from £128k to £629k.

Trade In January 2024, the top exports of United Kingdom to Falkland Islands were Commodities not elsewhere specified (£1.25M), Large Construction Vehicles (£877k), Delivery Trucks (£705k), Other Hand Tools (£463k), and Iron Cloth (£355k). In January 2024 the top imports of United Kingdom from Falkland Islands were Sheep and Goat Meat (£85.7k), Aircraft parts including unmanned craft (£33.5k), Wool (£8.38k), and Collector's Items (£500).

Origins In January 2024 the exports of United Kingdom were mainly from Southampton (£4.92M), London Gateway (£2.24M), Brize Norton (£463k), London Heathrow Airport (£70.2k), and East Midlands Airport (£61.6k), while imports destinations were mainly Southampton (£484k), Brize Norton (£59.8k), London Gateway (£32.3k), and London Heathrow Airport (£6.75k).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Falkland Islands was explained primarily by an decrease in product exports in Prefabricated Buildings (£-365k or -61.2%), Cranes (£-342k or -88.4%), and Low-voltage Protection Equipment (£-331k or -83.2%). In January 2024, the increase in United Kingdom's year-by-year imports  from Falkland Islands was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-657k(-7.77%)
IMPORT GROWTH (January 2023 - January 2024)£501k(392%)
MAIN EXPORTER (January 2024)Southampton£4.92M

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

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

For full datasets download visit Bulk Download page.

Explore Falkland Islands and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $79.4M to Falkland Islands. The main products exported from United Kingdom to Falkland Islands were Prefabricated Buildings ($7.24M), Planes, Helicopters, and/or Spacecraft ($6.16M), and Iron Structures ($2.59M). During the last 27 years the exports of United Kingdom to Falkland Islands have increased at an annualized rate of 4.67%, from $23.1M in 1995 to $79.4M in 2022.

In 2022, Falkland Islands exported $5.59M to United Kingdom. The main products exported from Falkland Islands to United Kingdom were Wool ($2.41M), Sheep and Goat Meat ($2.15M), and Molluscs ($279k). During the last 27 years the exports of Falkland Islands to United Kingdom have decreased at an annualized rate of 0.5%, from $6.41M in 1995 to $5.59M in 2022.

Exports from United Kingdom (Flag) to Falkland Islands (Flag) (2022)

Exports from Falkland Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Falkland Islands
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Falkland Islands (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Falkland Islands

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Falkland Islands in the exports of Machines ($17.7M), Transportation ($13.1M), and Miscellaneous ($9.65M).

During 2022, Falkland Islands had a large net trade with United Kingdom in the exports of Animal Products ($2.62M), Textiles ($2.41M), and Machines ($182k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Falkland Islands (Flag) (2022)

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