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2023
Flag → Flag
Exports $40.4kRnk 44 / 88
2023
Flag → Flag
Top Product $26.2kChemical Analysis Instruments
2023
Flag → Flag
Exports $54.9MRnk 86 / 217
2023
Flag → Flag
Top Product $31.4MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $40.4k in 2023.

In 2018, 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 2023 to $54.9M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Gibraltar
Top DestinationNetherlands$113M
Denmark
Top DestinationGermany$14.8B

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

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

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

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

Comparative Advantage Gibraltar - Denmark

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Denmark in the exports of Instruments ($27.7k), Machines ($9.42k), and Metals ($1.3k).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

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