Falkland Islands (FLK) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Falkland Islands-Italy Trade: 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). Over the past 7 years the exports of Falkland Islands to Italy have increased at an annualized rate of 56.1%, from $6.71k in 2015 to $151k in 2022.

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

Italy-Falkland Islands Trade: In 2022, Italy exported $1.68k to Falkland Islands. The main products that Italy exported to Falkland Islands were Neck Ties ($1.68k). Over the past 7 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 54.4%, from $85.8k in 2015 to $1.68k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 7 years the exports of Falkland Islands to Italy have increased at an annualized rate of 56.1%, from $6.71k in 2015 to $151k in 2022.

In 2017, Italy exported $1.68k to Falkland Islands. The main products exported from Italy to Falkland Islands were Neck Ties ($1.68k). During the last 5 years the exports of Italy to Falkland Islands have decreased at an annualized rate of 54.4%, from $85.8k in 2022 to $1.68k in 2017.

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

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

Latest Data

Trade between Falkland Islands () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Falkland Islands
Top DestinationSpain$268M

Italy
Top DestinationGermany$78.5B

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

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

In 2022, countries that imported more from Italy than Falkland Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Falkland Islands - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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).

During 2017, Italy had a large net trade with Falkland Islands in the exports of Textiles ($1.68k).

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 Italy. This means that a dot/product with the flag of Falkland Islands indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Falkland Islands.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Falkland Islands () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Falkland Islands - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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