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Falkland Islands (Malvinas) trade in 2024

In 2024, the Falkland Islands (Malvinas) exported $379 million and imported $239 million, a trade surplus of $140 million. It was the world's 172nd-largest exporter, with 0% of world exports. Its top export was mollusks (squid, mussels, oysters) (85.9% of the total) and its main trading partner was Spain (53.2% of its trade).

Summary

Exports
$379million
Imports
$239million
Trade balance
+$140million
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Mollusks (squid, mussels, oysters) (85.9%) and frozen fish (10.1%) together make up 96% of its exports.

  1. Mollusks (squid, mussels, oysters)$326 million · 85.9%
    Main partner: Spain
  2. Frozen fish$38 million · 10.1%
    Main partner: United States
  3. Raw wool$7 million · 1.7%
    Main partner: Czechia
  4. Printers and printing machines$2 million · 0.63%
    Main partner: United States
  5. Lamb and goat meat$2 million · 0.51%
    Main partner: United Kingdom
  6. Fish fillets$2 million · 0.46%
    Main partner: Thailand
  7. Aircraft parts$723 thousand · 0.19%
    Main partner: Denmark
  8. Airplanes and helicopters$399 thousand · 0.11%
    Main partner: Finland
  9. Pet and animal feed$289 thousand · 0.08%
    Main partner: France
  10. Cables and wire$87 thousand · 0.02%
    Main partner: Namibia

What it imports

Fishing vessels (30.7%) and refined petroleum (10.7%) together make up 41.4% of its imports.

  1. Fishing vessels$73 million · 30.7%
    Main partner: Spain
  2. Refined petroleum$26 million · 10.7%
    Main partner: Greece
  3. Trailers$21 million · 8.8%
    Main partner: United Kingdom
  4. Airplanes and helicopters$21 million · 8.6%
    Main partner: United Kingdom
  5. Aircraft parts$9 million · 3.7%
    Main partner: United Kingdom
  6. Prefabricated buildings$7 million · 2.8%
    Main partner: United Kingdom
  7. Other engines and motors$5 million · 2%
    Main partner: United Kingdom
  8. Cars$3 million · 1.3%
    Main partner: United Kingdom
  9. Surveying instruments$3 million · 1.2%
    Main partner: United Kingdom
  10. Air pumps, compressors and fans$3 million · 1.1%
    Main partner: United States
By Harmonized System chapter (87)
ChapterExportsImports
03 · Fish and seafood$366 million$567 thousand
51 · Wool$7 million$0
84 · Mechanical machinery$3 million$19 million
02 · Meat and offal$2 million$2 million
88 · Aircraft and spacecraft$1 million$29 million
23 · Animal feed and food waste$292 thousand$201 thousand
85 · Electrical and electronic equipment$175 thousand$10 million
74 · Copper$78 thousand$128 thousand
87 · Vehicles$78 thousand$30 million
95 · Toys and sports gear$75 thousand$514 thousand
94 · Furniture and lighting$72 thousand$9 million
39 · Plastics$69 thousand$5 million
56 · Felt, nonwovens and rope$62 thousand$261 thousand
40 · Rubber$45 thousand$865 thousand
83 · Miscellaneous metal goods$29 thousand$194 thousand
90 · Precision and medical instruments$26 thousand$4 million
16 · Prepared meat and fish$25 thousand$975 thousand
72 · Iron and steel$19 thousand$443 thousand
05 · Other animal products$15 thousand$12 thousand
34 · Soap and cleaning products$13 thousand$916 thousand
30 · Pharmaceuticals$12 thousand$2 million
49 · Books and printed matter$10 thousand$160 thousand
21 · Food preparations$10 thousand$2 million
71 · Gems and precious metals$10 thousand$66 thousand
73 · Iron and steel products$9 thousand$5 million
97 · Art and antiques$9 thousand$21 thousand
86 · Railway equipment$7 thousand$16 thousand
33 · Perfumes and cosmetics$7 thousand$153 thousand
35 · Glues, starches and enzymes$7 thousand$62 thousand
63 · Home textiles and used clothing$7 thousand$275 thousand
54 · Synthetic filaments$5 thousand$50
89 · Ships and boats$4 thousand$74 million
61 · Knitted clothing$3 thousand$689 thousand
42 · Leather goods and bags$2 thousand$77 thousand
82 · Tools and cutlery$1 thousand$1 million
69 · Ceramics$1 thousand$237 thousand
38 · Miscellaneous chemicals$1 thousand$247 thousand
96 · Other manufactured goods$844$163 thousand
64 · Footwear$699$62 thousand
62 · Woven clothing$601$242 thousand
27 · Oil, gas and coal$221$27 million
59 · Coated and technical textiles$143$48 thousand
44 · Wood$117$2 million
76 · Aluminum$75$509 thousand
92 · Musical instruments$75$4 thousand
20 · Preserved fruit and vegetables$34$329 thousand
19 · Baked goods and cereal products$23$3 million
41 · Hides and leather$20$0
22 · Beverages and spirits$0$2 million
18 · Cocoa and chocolate$0$687 thousand
25 · Salt, stone and cement$0$600 thousand
48 · Paper and paperboard$0$581 thousand
04 · Dairy, eggs and honey$0$535 thousand
68 · Stone, plaster and cement articles$0$526 thousand
32 · Dyes, paints and tanning agents$0$500 thousand
07 · Vegetables$0$484 thousand
70 · Glass$0$213 thousand
08 · Fruit and nuts$0$129 thousand
57 · Carpets and rugs$0$128 thousand
28 · Inorganic chemicals$0$121 thousand
17 · Sugar and sweets$0$93 thousand
65 · Hats$0$84 thousand
09 · Coffee, tea and spices$0$58 thousand
15 · Fats and oils$0$55 thousand
24 · Tobacco$0$54 thousand
93 · Weapons and ammunition$0$51 thousand
12 · Oilseeds and grains$0$33 thousand
75 · Nickel$0$16 thousand
31 · Fertilizers$0$15 thousand
10 · Cereals$0$14 thousand
11 · Milling products and malt$0$14 thousand
29 · Organic chemicals$0$9 thousand
58 · Special fabrics and lace$0$6 thousand
55 · Synthetic staple fibers$0$6 thousand
52 · Cotton$0$5 thousand
06 · Live plants and flowers$0$5 thousand
67 · Feathers and artificial flowers$0$4 thousand
66 · Umbrellas and canes$0$4 thousand
46 · Wicker and basketware$0$3 thousand
91 · Watches and clocks$0$3 thousand
01 · Live animals$0$3 thousand
47 · Wood pulp$0$3 thousand
81 · Other base metals$0$3 thousand
43 · Fur and fur goods$0$2 thousand
79 · Zinc$0$2 thousand
78 · Lead$0$2 thousand
37 · Photographic goods$0$196

Trading partners

Its main destination is Spain (67.3% of exports) and its main source is the United Kingdom (55.7% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Spain25567.3%Sea
Morocco5314%Sea
United States22.86%Sea
Germany5.91.6%Sea
Namibia5.61.5%Sea
United Kingdom4.61.2%Sea
Czechia3.70.97%Sea
Ukraine3.20.84%Sea
Japan2.30.6%Sea
South Africa2.20.58%Sea

Who it buys from

PartnerValue (USD millions)ShareMode
United Kingdom13355.7%Air
Spain73.931%Sea
Greece23.89.9%Sea
United States3.21.4%Sea
Netherlands20.83%Sea
Morocco0.390.16%—
New Zealand0.390.16%—
Germany0.320.13%—
Namibia0.30.13%—
Latvia0.250.1%—

Overview 1995–2024

In 2024, the Falkland Islands (Malvinas) accounted for 0% of world exports, compared with 0% in 1995.

Exports and imports

Exports grew 14-fold since 1995

USD millions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 379
  • Imports 239
  • Balance +140

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$27 million$42 million-$15 million
1996$52 million$54 million-$2 million
1997$62 million$50 million$12 million
1998$100 million$64 million$36 million
1999$103 million$40 million$63 million
2000$91 million$58 million$33 million
2001$78 million$55 million$23 million
2002$87 million$42 million$46 million
2003$154 million$72 million$82 million
2004$130 million$75 million$55 million
2005$165 million$57 million$109 million
2006$154 million$62 million$92 million
2007$174 million$88 million$86 million
2008$192 million$76 million$116 million
2009$140 million$55 million$85 million
2010$176 million$100 million$76 million
2011$183 million$185 million-$3 million
2012$210 million$130 million$80 million
2013$190 million$129 million$61 million
2014$207 million$192 million$15 million
2015$197 million$250 million-$53 million
2016$261 million$82 million$179 million
2017$211 million$114 million$97 million
2018$305 million$129 million$176 million
2019$317 million$96 million$220 million
2020$418 million$110 million$307 million
2021$333 million$137 million$195 million
2022$403 million$109 million$294 million
2023$364 million$172 million$192 million
2024$379 million$239 million$140 million

World rank

The Falkland Islands (Malvinas) rose from 188th to 172nd among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 188th in 1995
  • 172nd in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995188th
1996179th
1997178th
1998171st
1999169th
2000179th
2001182nd
2002177th
2003173rd
2004180th
2005181st
2006184th
2007185th
2008184th
2009186th
2010183rd
2011188th
2012186th
2013187th
2014184th
2015188th
2016183rd
2017185th
2018176th
2019177th
2020171st
2021174th
2022177th
2023175th
2024172nd

What it sells

Its top export group is still fish and seafood: 96% in 2024

% of exports by Harmonized System chapter.

  • Other 0%
  • Copper 0%
  • Electrical and electronic equipment 0%
  • Animal feed and food waste 0%
  • Aircraft and spacecraft 0%
  • Meat and offal 1%
  • Mechanical machinery 1%
  • Wool 2%
  • Fish and seafood 96%

Source: CEPII BACI

Show the numbers
Chapter19952024
Fish and seafood67.4%96.5%
Wool13.5%1.7%
Mechanical machinery9.9%0.66%
Meat and offal0.04%0.51%
Aircraft and spacecraft0%0.3%
Animal feed and food waste0%0.08%
Electrical and electronic equipment2.7%0.05%
Copper0%0.02%
Other6.5%0.16%

Who it trades with

The United Kingdom went from 44% to 22% of the Falkland Islands (Malvinas)'s trade

% of total trade (exports + imports) with each partner.

  • Spain 53%
  • United Kingdom 22%
  • Morocco 9%
  • United States 4%
  • Greece 4%

Source: CEPII BACI

Show the numbers
Partner19952024
Spain44.3%53.2%
United Kingdom43.5%22.3%
Morocco0%8.6%
United States0.69%4.2%
Greece0%3.8%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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