Overview In December 2022, Spain exported €111M and imported €394k from Gibraltar, resulting in a positive trade balance of €111M. Between December 2021 and December 2022 the exports of Spain have decreased by €-27.7M (-19.9%) from €139M to €111M, while imports decreased by €-39.7k (-9.15%) from €434k to €394k.
Trade In December 2022, the top exports of Spain to Gibraltar were Refined Petroleum (€16.9M), Petroleum Gas (€13.5M), Cars (€2.65M), Iron Structures (€860k), and Other Furniture (€500k). In December 2022 the top imports of Spain from Gibraltar were Special purpose motor vehicles (€50k), Scrap Iron (€49.3k), House Linens (€30.8k), Gravel and Crushed Stone (€27.2k), and Other Floating Structures (€18k).
Origins In December 2022 the exports of Spain were mainly from Cádiz (€22.6M), Vizcaya (€21M), Castellón (€16.5M), La Coruña (€15.4M), and Tarragona (€15.1M), while imports destinations were mainly Cádiz (€241k), Sevilla (€91k), Madrid (€19.6k), Pontevedra (€17.8k), and Málaga (€16k).
Growth In December 2022, the decrease in Spain's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Refined Petroleum (€-12.9M or -43.3%), Felt or Coated Fabric Garments (€-185k or -95%), and Other Cloth Articles (€-181k or -78.7%). In December 2022, the decrease in Spain's year-by-year imports from Gibraltar was explained primarily by an decrease in product imports in Engine Parts (€-6.97k or -96.1%), Air Pumps (€-3.35k or -84.8%), and Computers (€-2.9k or -96%).