Falkland Isds (Malvinas)

Falkland Isds (Malvinas)

Global Trade Profile β€’ Rank #175 Exporter

$362.93M

Total Exports (2023)

$171.94M

Total Imports (2023)

$190.99M

Trade Surplus

#175

Export Ranking

Trade Flow Visualization

Interactive map showing Falkland Isds (Malvinas)'s top trading partners. Green lines represent exports, red lines represent imports.

#175

Export Rank

$362.93M

Total Exports

$171.94M

Total Imports

+$190.99M

Trade Balance

35

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Molluscs: cuttle fish and squid, whether in shell ...
84.5%$306.61M
#2Fish: frozen, toothfish (Dissostichus spp.), exclu...
8.2%$29.69M
#3Fish: frozen, hake (Merluccius spp., Urophycis spp...
2.5%$9.21M
#4Wool: (not carded or combed), greasy (including fl...
1.7%$6.32M
#5Molluscs: cuttle fish and squid, whether in shell ...
0.6%$2.30M
#6Meat: of sheep (including lamb), cuts with bone in...
0.6%$2.13M
#7Fish: frozen, n.e.c. in heading 0303, excluding fi...
0.3%$1.22M
#8Fish: frozen, of Bregmacerotidae, Euclichthyidae, ...
0.2%$746,130
#9Fish: frozen, rays and skates (Rajidae), excluding...
0.1%$500,231
#10Aircraft and spacecraft: parts of aeroplanes or he...
0.1%$430,360

πŸ“₯ Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
30.5%$52.44M
#2Aircraft and spacecraft: propellers and rotors and...
3.2%$5.46M
#3Aircraft and spacecraft: parts of aeroplanes or he...
2.9%$5.06M
#4Buildings: prefabricated, of wood
2.4%$4.14M
#5Surveying equipment: articles n.e.c. in heading no...
2.4%$4.14M
#6Iron or steel: structures and parts thereof, n.e.c...
1.5%$2.57M
#7Machines: concrete or mortar mixers
1.4%$2.38M
#8Food preparations: n.e.c. in item no. 2106.10
1.4%$2.35M
#9Mechanical shovels, excavators and shovel loaders:...
1.4%$2.32M
#10Vehicles: with only spark-ignition internal combus...
1.3%$2.23M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Falkland Isds (Malvinas) Trade Analysis 2023

πŸ“Š Overview

#175
Global Export Rank
534.87M
Total Trade Volume
0.00%
Share of Global Trade

Falkland Isds (Malvinas) stands as the world's #175 largest exporter and #207 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a robust surplus of 190.99 million, indicating strong export competitiveness.

βœ“
Strong trade surplus exceeding 52.6% of exports provides currency stability and foreign reserve accumulation.
362.93M
Total Exports
171.94M
Total Imports
2.11
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $44.57M, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

Spain
Morocco
USA
Namibia
Germany
Others

Export Market Concentration

68.3%
$247.70M
10.1%$36.57M
7.5%$27.38M
2.8%$10.00M
1.7%$6.16M
1.4%$5.24M
0.8%$2.80M
13 others
5.8%$21.23M

Export concentration shows Spain as the dominant market at 68.3%. The top three markets control 85.9% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Spain (68.3% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
90.3%
Top 5 Markets
94.6%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (United Kingdom, Malaysia, Japan) provide $15.69M in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

67.8%
$116.55M
18.7%
$32.17M
10.9%$18.82M
0.9%$1.49M
0.2%$429,032
0.2%$328,998
0.2%$316,526
13 others
1.0%$1.73M

Falkland Isds (Malvinas) relies heavily on United Kingdom for imports (67.8%),creating supply chain concentration risk.

Energy suppliers including Norway (218,711) collectively provide 218.71 thousand or 0.1% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from , reflecting deep integration into Asian production networks.

The USA provides 329.00 thousand (0.2%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 99.4% of total imports, with the remaining 1% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Netherlands (1.49M), Germany (288,937), Belgium (58,609) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with emerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

cuttle fish and squid, whether in shell or not, in...
84.5%
$306.61M
frozen, toothfish (Dissostichus spp.), excluding f...
8.2%$29.69M
frozen, hake (Merluccius spp., Urophycis spp.), ex...
2.5%$9.21M
(not carded or combed), greasy (including fleece-w...
1.7%$6.32M
cuttle fish and squid, whether in shell or not, in...
0.6%$2.30M
3 others
1.1%$4.10M

Falkland Isds (Malvinas)'s export economy centers on diversified industrial production, with the leading export being cuttle fish and squid, whether in shell or not, includes flours, meals, and pellets of molluscs, fit for human consumption, frozenat $306.61 million, accounting for 84.5% of total exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Falkland Isds (Malvinas) maintains strong positions in specialized equipment,, and Molluscs, Fish.

The top 20 export products collectively account for 99.5% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
30.5%
$52.44M
propellers and rotors and parts thereof...
3.2%$5.46M
parts of aeroplanes or helicopters n.e.c. in headi...
2.9%$5.06M
prefabricated, of wood
2.4%$4.14M
articles n.e.c. in heading no. 9015, including hyd...
2.4%$4.14M
3 others
4.2%$7.31M

Energy dominates Falkland Isds (Malvinas)'s import profile, with fossil fuels accounting for 52.44 million or 30.5% of total imports. Crude oil leads at 52.44 million (30.5%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $52.44M account for 30.5% of all imports, making Falkland Isds (Malvinas) vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include propellers and rotors and parts thereof (5.46M, 3.2%), parts of aeroplanes or helicopters n.e.c... (5.06M, 2.9%), prefabricated, of wood (4.14M, 2.4%), articles n.e.c. in heading no. 9015, inc... (4.14M, 2.4%), structures and parts thereof, n.e.c. in ... (2.57M, 1.5%).Electronic components and devices total 2.88 million (1.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 2.00 million (1.2%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Falkland Isds (Malvinas)'s economy: integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (7 : 13among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 15 primary products to 2 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

+190.99 million
Trade Surplus β€’ 35.71% of total trade
PartnerExportsImportsBalance
Spain$247.70M$18.82M+$228.88M
United Kingdom$5.24M$116.55M$-111.31M
Morocco$36.57M$316,526+$36.26M
Greece$0$32.17M$-32.17M
USA$27.38M$328,998+$27.05M

Export-to-import ratio of 2.111 means exports cover 211.1% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Spain$247.70M$18.82M+$228.88M
United Kingdom$5.24M$116.55M$-111.31M
Morocco$36.57M$316,526+$36.26M
Greece$0$32.17M$-32.17M
USA$27.38M$328,998+$27.05M
Namibia$10.00M$0+$10.00M
Germany$6.16M$288,937+$5.87M
Malaysia$2.80M$0+$2.80M
Total$335.85M$168.47M+$167.38M

The Falkland Isds (Malvinas)-Spain relationship leads at 266.52 million in bilateral trade.View detailed analysis β†’

Additional major partnerships include Morocco (36.89M total trade), Greece (32.17M total trade), USA (27.71M total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”509.59M across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Falkland Isds (Malvinas) as the #175 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.004%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Falkland Isds (Malvinas)'s global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly incuttle fish and squid, wh, frozen, toothfish (Dissos, frozen, hake (Merluccius . The revealed comparative advantage is strongest in product categories representing95.2% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

Market diversification is critical to reduce dependency on Spain, which accounts for 68.3% of exports.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include consistent trade surpluses supporting macroeconomic stability,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on market diversification and value chain upgrading to enhance trade competitiveness. Opportunities exist in expanding trade with Senegal, South Africa, Albania, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Falkland Isds (Malvinas)'s trade prospects. Success requires balanced policies addressing both maintaining export competitiveness while managing currency appreciation pressures.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Falkland Isds (Malvinas)'s position as the world's #175 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026