Overview In December 2024, United Kingdom exported £10.4M and imported £229k from Gibraltar, resulting in a positive trade balance of £10.2M. Between December 2023 and December 2024 the exports of United Kingdom have decreased by £-36.4M (-77.7%) from £46.8M to £10.4M, while imports decreased by £-137k (-37.5%) from £366k to £229k.
Trade In December 2024, the top exports of United Kingdom to Gibraltar were Refined Petroleum (£18.3M), Packaged Medicaments (£1.1M), Medical Instruments (£461k), Computers (£337k), and Telephones (£294k). In December 2024 the top imports of United Kingdom from Gibraltar were Hair Products (£150k), Commodities not elsewhere specified (£48.5k), Computers (£39.4k), Oscilloscopes (£18.7k), and Motor vehicles; parts and accessories (8701... (£17.4k).
Origins In December 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£5.26M), East Midlands Airport (£2.04M), Southampton (£900k), Dover (£598k), and Portsmouth (£593k), while imports destinations were mainly East Midlands Airport (£92.3k), Thamesport (£32.9k), and London Heathrow Airport (£4.08k).
Growth In December 2024, the decrease in United Kingdom's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Cars (£-3.49M or -99.9%), Insulated Wire (£-306k or -89.2%), and Electrical Transformers (£-288k or -98.9%). In December 2024, the decrease in United Kingdom's year-by-year imports from Gibraltar was explained primarily by an decrease in product imports in N/A.