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2023
Flag → Flag
Exports $1.09BRnk 44 / 220
2023
Flag → Flag
Top Product $534MRefined Petroleum
2023
Flag → Flag
Exports $4.84MRnk 8 / 88
2023
Flag → Flag
Top Product $1.13MScrap Iron
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Gibraltar Trade: In 2023, Spain exported $1.09B to Gibraltar. The main products that Spain exported to Gibraltar were Refined Petroleum ($534M), Recreational Boats ($210M), and Coal Tar Oil ($42.6M). Over the past 5 years the exports of Spain to Gibraltar have decreased at an annualized rate of 9.8%, from $1.83B in 2018 to $1.09B in 2023.

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

Gibraltar-Spain Trade: In 2023, Gibraltar exported $4.84M to Spain. The main products that Gibraltar exported to Spain were Scrap Iron ($1.13M), House Linens ($779k), and Other Floating Structures ($258k). Over the past 5 years the exports of Gibraltar to Spain have decreased at an annualized rate of 2.95%,  from $5.62M in 2018 to $4.84M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €92.4M and imported €282k from Gibraltar, resulting in a positive trade balance of €92.1M. Between November 2023 and November 2024 the exports of Spain have increased by €16.6M (21.9%) from €75.8M to €92.4M, while imports decreased by €-212k (-42.9%) from €494k to €282k.

Trade In November 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 November 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 November 2024 the exports of Spain were mainly from Cádiz (€62.2M), Madrid (€10M), Barcelona (€6.4M), Málaga (€4.84M), and Alicante (€2.55M), while imports destinations were mainly Cádiz (€157k), Málaga (€32.2k), Sevilla (€31.9k), Pontevedra (€21.2k), and Madrid (€15.5k).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€16.6M(21.9%)
IMPORT GROWTH (November 2023 - November 2024)€-212k(-42.9%)
MAIN EXPORTER (November 2024)Cádiz€62.2M

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 2023, Spain exported $1.09B to Gibraltar. The main products exported from Spain to Gibraltar were Refined Petroleum ($534M), Recreational Boats ($210M), and Coal Tar Oil ($42.6M). During the last 5 years the exports of Spain to Gibraltar have decreased at an annualized rate of 9.8%, from $1.83B in 2018 to $1.09B in 2023.

In 2018, Gibraltar exported $4.84M to Spain. The main products exported from Gibraltar to Spain were Scrap Iron ($1.13M), House Linens ($779k), and Other Floating Structures ($258k). During the last 5 years the exports of Gibraltar to Spain have decreased at an annualized rate of 2.95%, from $5.62M in 2023 to $4.84M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Gibraltar
Top DestinationNetherlands$113M

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 2023, countries that imported more from Spain than Gibraltar included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

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 2023, Spain had a large net trade with Gibraltar in the exports of Mineral Products ($606M), Transportation ($247M), and Chemical Products ($35.2M).

During 2018, Gibraltar had a large net trade with Spain in the exports of Metals ($1.85M), Textiles ($947k), and Machines ($503k).

Economic Complexity

Competitive Landscape

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

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

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