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Pricing

2022
Flag → Flag
Exports $2.2BRnk 29 / 218
2022
Flag → Flag
Top Product $1.24BRefined Petroleum
2022
Flag → Flag
Exports $18.5MRnk 7 / 89
2022
Flag → Flag
Top Product $12.9MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Gibraltar In 2022, Spain exported $2.2B to Gibraltar. The main products that Spain exported to Gibraltar are Refined Petroleum ($1.24B), Passenger and Cargo Ships ($529M), and Recreational Boats ($90.4M). During the last 27 years the exports of Spain to Gibraltar have increased at an annualized rate of 9.59%, from $186M in 1995 to $2.2B in 2022.

In 2022, Spain did not export any services to Gibraltar.

Gibraltar-Spain In 2022, Gibraltar exported $18.5M to Spain. The main products that Gibraltar exported to Spain were Refined Petroleum ($12.9M), Scrap Iron ($1.03M), and House Linens ($805k). During the last 27 years the exports of Gibraltar to Spain have increased at an annualized rate of 6.07%, from $3.76M in 1995 to $18.5M in 2022.

In 2022, Gibraltar did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €56.5M and imported €483k from Gibraltar, resulting in a positive trade balance of €56M. Between January 2023 and January 2024 the exports of Spain have decreased by €-16M (-22.1%) from €72.5M to €56.5M, while imports increased by €155k (47.1%) from €328k to €483k.

Trade In January 2024, the top exports of Spain to Gibraltar were Refined Petroleum (€50.6M), Cars (€3.22M), Petroleum Gas (€2.33M), Iron Structures (€708k), and Other Furniture (€527k). In January 2024 the top imports of Spain from Gibraltar were Scrap Iron (€86.3k), House Linens (€41.5k), Vinegar (€35.1k), Fork-Lifts (€25.1k), and Inedible Fats and Oils (€20k).

Origins In January 2024 the exports of Spain were mainly from Cádiz (€35M), Madrid (€7.14M), Barcelona (€3.3M), Málaga (€3.02M), and Huelva (€1.98M), while imports destinations were mainly Cádiz (€218k), Córdoba (€102k), Sevilla (€72k), Madrid (€26.6k), and Pontevedra (€24.5k).

Growth In January 2024, the decrease in Spain's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Petroleum Gas (€-11.2M or -82.8%), Perfumes (€-161k or -85.8%), and Iron Structures (€-152k or -17.7%). In January 2024, the increase in Spain's year-by-year imports  from Gibraltar was explained primarily by an increase in product imports  in Scrap Iron (€36.9k or 74.9%), Fork-Lifts (€24.1k or 2.41k%), and Hand-Woven Rugs (€11.4k or 1.08k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-16M(-22.1%)
IMPORT GROWTH (January 2023 - January 2024)€155k(47.1%)
MAIN EXPORTER (January 2024)Cádiz€35M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Gibraltar and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.2B to Gibraltar. The main products exported from Spain to Gibraltar were Refined Petroleum ($1.24B), Passenger and Cargo Ships ($529M), and Recreational Boats ($90.4M). During the last 27 years the exports of Spain to Gibraltar have increased at an annualized rate of 9.59%, from $186M in 1995 to $2.2B in 2022.

In 2022, Gibraltar exported $18.5M to Spain. The main products exported from Gibraltar to Spain were Refined Petroleum ($12.9M), Scrap Iron ($1.03M), and House Linens ($805k). During the last 27 years the exports of Gibraltar to Spain have increased at an annualized rate of 6.07%, from $3.76M in 1995 to $18.5M in 2022.

Exports from Spain (Flag) to Gibraltar (Flag) (2022)

Exports from Gibraltar (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Gibraltar
Top DestinationIreland$81.4M

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

In 2021, countries that imported more from Spain than Gibraltar were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2019, no countries were registered that imported more from Gibraltar than from Spain.

Difference in imports from Gibraltar (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Gibraltar

Flow
Scale

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

During 2022, Spain had a large net trade with Gibraltar in the exports of Mineral Products ($1.33B), Transportation ($647M), and Chemical Products ($33.3M).

During 2022, Gibraltar had a large net trade with Spain in the exports of Mineral Products ($13.1M), Transportation ($1.53M), and Metals ($1.52M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Gibraltar. Similarly, the more yellow a dot/product is, the more Gibraltar has comparative advantage over Spain.

Product Space of Spain (Flag) and Gibraltar (Flag) (2022)

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