Country exposure · FK
Falkland Islands (Islas Malvinas)
South America · Stanley · parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK
What Falkland Islands (Islas Malvinas) means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.
$21M
U.S. imports, 2025
-8.3%
change in one year
$2M
U.S. exports, 2025
3K
Population
$206M
GDP
In your house
What you buy that Falkland Islands (Islas Malvinas) makes
America bought $21M in goods from Falkland Islands (Islas Malvinas) in 2025. Of every $100 of it, here's where the money went.
Fish and shellfish
fish, shrimp, shellfish
Minimum value shipments
U.s. goods returned, and reimports
Farming materials, livestock
2026 so far (through April): $6K in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Falkland Islands (Islas Malvinas)
$2M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Telecommunications equipment
$994Kphones, routers, networking gear
Measuring, testing, control instruments
$559KMinimum value shipments
$175KComputer accessories
$93Kkeyboards, drives, computer parts
Other parts and accessories of vehicles
$90Kcar parts and accessories
Medicinal equipment
$44Kmedical devices and equipment
Electric apparatus
$36KPassenger cars, new and used
$35Knew and used cars
Computers
$24Klaptops, desktops, monitors
Where you stand
U.S. tariff posture toward Falkland Islands (Islas Malvinas)
The Falkland Islands — a tiny British Overseas Territory whose economy is roughly 40% fisheries (toothfish and squid, much of it sold to the U.S.) — were assigned 41% in April 2025, among the surprising high rates applied to remote territories under the reciprocal formula. The rate was cut to the 10% baseline in the August reshuffle. Executive Order 14389 (Ending Certain Tariff Actions, Feb 20, 2026) terminated the IEEPA reciprocal duties, and Proclamation 11012 replaced it with a 10% Section 122 temporary import surcharge effective February 24, 2026 — leaving the effective rate at 10%. The Falklands have no Section 232 steel/aluminum exposure.
Reciprocal tariff (assigned — terminated)
41%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward Falkland Islands (Islas Malvinas) has changed 4 times since 2025. This page tracks it.
2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties effective February 24, 2026, replacing the reciprocal regime with a 10% Section 122 temporary import surcharge (Proclamation 11012) — leaving the Falklands' effective rate unchanged at 10%.
91 FR 9437 →2025-08-07
Rate cut to the 10% baseline
In effectExecutive Order 14326 set the post-pause Annex I reciprocal rates; the Falkland Islands' rate was reduced from 41% to the 10% baseline effective August 7, 2025 — sharp relief for its toothfish and squid exporters.
90 FR 37963 →2025-04-10
Elevated reciprocal rates paused to 10% for 90 days
In effectExecutive Order 14266 suspended the higher country-specific reciprocal rates — including the Falklands' 41% — back to the 10% baseline for 90 days.
90 FR 15625 →2025-04-05
Reciprocal tariff regime begins — Falkland Islands assigned 41%
In effectExecutive Order 14257 imposed a 10% universal reciprocal duty effective April 5 and a 41% country-specific rate for the Falkland Islands scheduled to take effect April 9 — a striking figure for a territory of a few thousand people, driven by its fisheries trade surplus with the U.S.
90 FR 15041 →
Made for America
What Falkland Islands (Islas Malvinas) makes for America
Falkland Islands (Islas Malvinas) is a direct U.S. source of 1 essential good Americans rely on — the items themselves, shipped finished off the line.
Reference
The country itself
South America · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later, and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands in 1982. The British responded with an expeditionary force and after fierce fighting forced an Argentine surrender on 14 June 1982. With hostilities ended and Argentine forces withdrawn, UK administration resumed. In response to renewed calls from Argentina for Britain to relinquish control of the islands, a referendum was held in 2013 that resulted in 99.8% of the population voting to remain a part of the UK.
Geography
- Location
- Southern South America, islands in the South Atlantic Ocean, about 500 km east of southern Argentina
- Area
- 12,173 sq km
- Climate
- cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 60 cm in Stanley; occasional snow all year, except in January and February, but typically does not accumulate
- Terrain
- rocky, hilly, mountainous with some boggy, undulating plains
- Natural resources
- fish, squid, wildlife, calcified seaweed, sphagnum moss
- Coastline
- 1,288 km
- Natural hazards
- strong winds persist throughout the year
People & society
- Population
- 3,142 (2021)
- Nationality
- Falkland Islander(s)
- Ethnic groups
- Falkland Islander 48.3%, British 23.1%, St. Helenian 7.5%, Chilean 4.6%, mixed 6%, other 8.5%, unspecified 2% (2016 est.)
- Languages
- English 89%, Spanish 7.7%, other 3.3% (2006 est.)
- Religions
- Christian 57.1%, other 1.6%, none 35.4%, unspecified 6% (2016 est.)
- Life expectancy at birth
- (2017 est.) 77.9
Economy
- Economic overview
- British South American territorial economy; longstanding fishing industry; surging tourism prior to COVID-19 and Brexit; recent offshore hydrocarbon discoveries threaten ecotourism industries; no central bank and must have British approval on currency shifts
- Industries
- fish and wool processing; tourism
- Agricultural products
- fodder and vegetable crops; venison, sheep, dairy products; fish, squid
- Exports - partners
- Spain 68%, Morocco 10%, USA 8%, Namibia 3%, Germany 2% (2023)
- Imports - partners
- UK 68%, Greece 19%, Spain 11%, Netherlands 1%, NZ 0% (2023)
Government
- Government type
- parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK
- Capital
- Stanley
- Independence
- none (overseas territory of the UK; also claimed by Argentina)
- Constitution
- previous 1985; latest entered into force 1 January 2009 (The Falkland Islands Constitution Order 2008)
- Executive branch
- King CHARLES III (since 8 September 2022); represented by Governor Colin MARTIN-REYNOLDS (since 29 July 2025)
- Legislative branch
- Legislative Assembly
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.