2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Gibraltar-Denmark Trade: In 2022, Gibraltar exported $53.3k to Denmark. The main products that Gibraltar exported to Denmark were Motor-working Tools ($10.3k), Other Rubber Products ($8.27k), and Liquid Dispersing Machines ($4.53k). Over the past 5 years the exports of Gibraltar to Denmark have increased at an annualized rate of 21.9%, from $19.8k in 2017 to $53.3k in 2022.

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

Denmark-Gibraltar Trade: In 2022, Denmark exported $49.9M to Gibraltar. The main products that Denmark exported to Gibraltar were Coal Tar Oil ($35M), Fish oil ($11.2M), and Engine Parts ($986k). Over the past 5 years the exports of Denmark to Gibraltar have increased at an annualized rate of 77.2%,  from $2.86M in 2017 to $49.9M in 2022.

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

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $53.3k to Denmark. The main products exported from Gibraltar to Denmark were Motor-working Tools ($10.3k), Other Rubber Products ($8.27k), and Liquid Dispersing Machines ($4.53k). During the last 5 years the exports of Gibraltar to Denmark have increased at an annualized rate of 21.9%, from $19.8k in 2017 to $53.3k in 2022.

In 2017, Denmark exported $49.9M to Gibraltar. The main products exported from Denmark to Gibraltar were Coal Tar Oil ($35M), Fish oil ($11.2M), and Engine Parts ($986k). During the last 5 years the exports of Denmark to Gibraltar have increased at an annualized rate of 77.2%, from $2.86M in 2022 to $49.9M in 2017.

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

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

Latest Data

Trade between Gibraltar (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Denmark
Top Destination
Germany$18.9B

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 2022, countries that imported more from Gibraltar than Denmark included Cape Verde ($12.5M).

In 2022, countries that imported more from Denmark than Gibraltar included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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 2022, Gibraltar had a large net trade with Denmark in the exports of Machines ($27.4k), Plastics and Rubbers ($8.7k), and Metals ($8.29k).

During 2017, Denmark had a large net trade with Gibraltar in the exports of Mineral Products ($35M), Animal and Vegetable Bi-Products ($11.2M), and Machines ($2.36M).

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) (2022)

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