2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Falkland Islands In 2022, Italy exported $1.68k to Falkland Islands. The main products that Italy exported to Falkland Islands are Neck Ties ($1.68k). During the last 27 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 23.3%, from $2.19M in 1995 to $1.68k in 2022.

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

Falkland Islands-Italy In 2022, Falkland Islands exported $151k to Italy. The main products that Falkland Islands exported to Italy were Molluscs ($122k), Wool ($25.5k), and Iron Chains ($2.46k). During the last 27 years the exports of Falkland Islands to Italy have decreased at an annualized rate of 4.13%, from $473k in 1995 to $151k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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 2022, Italy exported $1.68k to Falkland Islands. The main products exported from Italy to Falkland Islands were Neck Ties ($1.68k). During the last 27 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 23.3%, from $2.19M in 1995 to $1.68k in 2022.

In 2022, Falkland Islands exported $151k to Italy. The main products exported from Falkland Islands to Italy were Molluscs ($122k), Wool ($25.5k), and Iron Chains ($2.46k). During the last 26 years the exports of Falkland Islands to Italy have decreased at an annualized rate of 4.13%, from $473k in 1996 to $151k in 2022.

Exports from Italy (Flag) to Falkland Islands (Flag) (2022)

Exports from Falkland Islands (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Falkland Islands
Top Destination
Spain$268M

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

In 2021, countries that imported more from Italy than Falkland Islands were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from Falkland Islands than from Italy.

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

Comparative Advantage Italy - Falkland Islands

Flow
Scale

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

During 2022, Italy had a large net trade with Falkland Islands in the exports of Textiles ($1.68k).

During 2022, Falkland Islands had a large net trade with Italy in the exports of Animal Products ($122k), Textiles ($25.5k), and Metals ($2.46k).

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

Product Space of Italy (Flag) and Falkland Islands (Flag) (2022)

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