2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-Gibraltar Trade: In 2023, Denmark exported $54.9M to Gibraltar. The main products that Denmark exported to Gibraltar were Refined Petroleum ($31.4M), Coal Tar Oil ($14.1M), and Fish Oil ($6.56M). Over the past 5 years the exports of Denmark to Gibraltar have increased at an annualized rate of 85.7%, from $2.48M in 2018 to $54.9M in 2023.

In 2023, Denmark did not export any services to Gibraltar.

Gibraltar-Denmark Trade: In 2023, Gibraltar exported $40.4k to Denmark. The main products that Gibraltar exported to Denmark were Chemical Analysis Instruments ($26.2k), Broadcasting Accessories ($2.93k), and Insulated Wire ($2.07k). Over the past 5 years the exports of Gibraltar to Denmark have decreased at an annualized rate of 4.11%,  from $49.8k in 2018 to $40.4k in 2023.

In 2023, Gibraltar did not export any services to Denmark.

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $54.9M to Gibraltar. The main products exported from Denmark to Gibraltar were Refined Petroleum ($31.4M), Coal Tar Oil ($14.1M), and Fish Oil ($6.56M). During the last 5 years the exports of Denmark to Gibraltar have increased at an annualized rate of 85.7%, from $2.48M in 2018 to $54.9M in 2023.

In 2018, Gibraltar exported $40.4k to Denmark. The main products exported from Gibraltar to Denmark were Chemical Analysis Instruments ($26.2k), Broadcasting Accessories ($2.93k), and Insulated Wire ($2.07k). During the last 5 years the exports of Gibraltar to Denmark have decreased at an annualized rate of 4.11%, from $49.8k in 2023 to $40.4k in 2018.

Exports from Denmark (Flag) to Gibraltar (Flag) (2023)

Exports from Gibraltar (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Gibraltar (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Gibraltar
Top Destination
Netherlands$113M

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

In 2023, countries that imported more from Denmark than Gibraltar included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, no countries were registered that imported more from Gibraltar than from Denmark.

Difference in imports from Gibraltar (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Gibraltar

Flow
Scale

This chart compares trade between Denmark and Gibraltar by product, considering products traded by both, Denmark and Gibraltar.

During 2023, Denmark had a large net trade with Gibraltar in the exports of Mineral Products ($45.5M), Animal and Vegetable Bi-Products ($6.56M), and Machines ($1.05M).

During 2018, Gibraltar had a large net trade with Denmark in the exports of Instruments ($27.7k), Machines ($9.42k), and Metals ($1.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Denmark and Gibraltar. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Gibraltar. Similarly, a dot/product with the flag of Gibraltar indicates it has a comparative advantage over Denmark.

Product Space of Denmark (Flag) and Gibraltar (Flag) (2023)

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