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Factsheet on trade and investment statistics between Falklands and UK in 2022
Total trade in goods and services (exports plus imports) between UK and Falklands was £128 million, in current prices, in the four quarters to the end of Q3 2022, The following factsheet provides the latest statistics on trade and investment between the UK and Falkland Islands.
Total trade in goods and services (exports plus imports) between the UK and Falkland Islands was £128 million, in current prices, in the four quarters to the end of Q3 2022, an increase of 21.9% or £23 million from the four quarters to the end of Q3 2021.
Of this £128 million:
• Total UK exports to Falkland Islands amounted to £103 million, in current prices, in the four quarters to the end of Q3 2022 (an increase of 15.7% or £14 million compared to the four quarters to the end of Q3 2021);
• Total UK imports from Falkland Islands amounted to £25 million, in current prices, in the four quarters to the end of Q3 2022 (an increase of 56.3% or £9 million compared to the four quarters to the end of Q3 2021).
Falkland Islands was the UK’s joint 140th largest trading partner in the four quarters to the end of Q3 2022 accounting for less than 0.1% of total UK trade.
In 2021, the outward stock of foreign direct investment (FDI) from the UK in Falkland Islands was £820.1 thousand. In 2021, the inward stock of foreign direct investment (FDI) in the UK from Falkland Islands are not available due to data disclosure.
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Read all commentsThe GDP per person in the Falklands (2010 figures) was about $70,000 USD, the GDP per person in Tierra del Fuego province, about $20,500 USD.
Feb 12th, 2023 - 05:26 pm +2What is there to sell? Agricultural products (wool/meat), fishery products (squid, fish), and tourism services. Seems to keep the place going OK for now. Apart from defence from an aggressive neighbour, the economy is self-sustaining.
Falklands Islands GDP U$S250millons; Tierra del Fuego Province GDP U$S 2.800millon.-
Feb 11th, 2023 - 01:24 pm 0Bra, the gdp difference between the two south atlantic islands is the cost of the conflict for kelper businesman. Kelper nation could easily have a gdp 10x times bigger in a non conflict situation.
Feb 11th, 2023 - 03:18 pm 0Commenting for this story is now closed.
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