Falkland Islands (FLK) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Falkland Islands-Spain Trade: In 2022, Falkland Islands exported $268M to Spain. The main products that Falkland Islands exported to Spain were Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). Over the past 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 10.6%, from $162M in 2017 to $268M in 2022.

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

Spain-Falkland Islands Trade: In 2022, Spain exported $26M to Falkland Islands. The main products that Spain exported to Falkland Islands were Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). Over the past 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 4.7%, from $33.1M in 2017 to $26M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Falkland Islands exported $268M to Spain. The main products exported from Falkland Islands to Spain were Molluscs ($263M), Non-fillet Frozen Fish ($4.59M), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($87.5k). During the last 5 years the exports of Falkland Islands to Spain have increased at an annualized rate of 10.6%, from $162M in 2017 to $268M in 2022.

In 2017, Spain exported $26M to Falkland Islands. The main products exported from Spain to Falkland Islands were Refined Petroleum ($25.4M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($113k), and Iron Structures ($77.1k). During the last 5 years the exports of Spain to Falkland Islands have decreased at an annualized rate of 4.7%, from $33.1M in 2022 to $26M in 2017.

Exports from Falkland Islands () to Spain () (2022)

Exports from Spain () to Falkland Islands () (2022)

Latest Data

Trade between Falkland Islands () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Falkland Islands
Top DestinationSpain$268M

Spain
Top DestinationFrance$65.2B

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

In 2022, no countries were registered that imported more from Falkland Islands than from Spain.

In 2022, countries that imported more from Spain than Falkland Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Falkland Islands () (2022)

Comparative Advantage Falkland Islands - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Falkland Islands had a large net trade with Spain in the exports of Animal Products ($267M), Textiles ($106k), and Machines ($99.6k).

During 2017, Spain had a large net trade with Falkland Islands in the exports of Mineral Products ($25.4M), Machines ($211k), and Textiles ($151k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Falkland Islands and Spain. This means that a dot/product with the flag of Falkland Islands indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Falkland Islands.

About

Historical Data

Bilateral Trade by Products

Exports from Falkland Islands () to Spain () (2022)

Exports from Spain () to Falkland Islands () (2022)

Latest Data

Trade between Falkland Islands () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Falkland Islands () (2022)

Comparative Advantage Falkland Islands - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Falkland Islands () and Spain () (2022)

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