2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Falkland Islands-United Kingdom In 2022, Falkland Islands exported $5.59M to United Kingdom. The main products that Falkland Islands exported to United Kingdom are 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.

United Kingdom-Falkland Islands In 2022, United Kingdom exported $79.4M to Falkland Islands. The main products that United Kingdom exported 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, United Kingdom did not export any services to Falkland Islands.

Comparison In 2022,  Falkland Islands ranked 178 in total exports ($382M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

Trade between Falkland Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Falkland Islands
Top Destination
N/AN/A
United Kingdom
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Falkland Islands - United Kingdom

Flow
Scale

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

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).

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).

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

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

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