2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Italy-Gibraltar Trade: In 2023, Italy exported $2.68B to Gibraltar. The main products that Italy exported to Gibraltar were Refined Petroleum ($2.62B), Petroleum Coke ($19.1M), and Coal Tar Oil ($16.4M). Over the past 5 years the exports of Italy to Gibraltar have increased at an annualized rate of 14.6%, from $1.36B in 2018 to $2.68B in 2023.

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

Gibraltar-Italy Trade: In 2023, Gibraltar exported $615k to Italy. The main products that Gibraltar exported to Italy were Other Engines ($324k), Recreational Boats ($75.7k), and Small Iron Containers ($73.3k). Over the past 5 years the exports of Gibraltar to Italy have decreased at an annualized rate of 57.5%,  from $44.4M in 2018 to $615k in 2023.

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

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $2.68B to Gibraltar. The main products exported from Italy to Gibraltar were Refined Petroleum ($2.62B), Petroleum Coke ($19.1M), and Coal Tar Oil ($16.4M). During the last 5 years the exports of Italy to Gibraltar have increased at an annualized rate of 14.6%, from $1.36B in 2018 to $2.68B in 2023.

In 2018, Gibraltar exported $615k to Italy. The main products exported from Gibraltar to Italy were Other Engines ($324k), Recreational Boats ($75.7k), and Small Iron Containers ($73.3k). During the last 5 years the exports of Gibraltar to Italy have decreased at an annualized rate of 57.5%, from $44.4M in 2023 to $615k in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Gibraltar
Top Destination
Netherlands$113M

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

In 2023, countries that imported more from Italy than Gibraltar included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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

Comparative Advantage Italy - Gibraltar

Flow
Scale

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

During 2023, Italy had a large net trade with Gibraltar in the exports of Mineral Products ($2.67B), Chemical Products ($5.36M), and Transportation ($4.25M).

During 2018, Gibraltar had a large net trade with Italy in the exports of Machines ($335k), Transportation ($75.7k), and Metals ($73.3k).

Economic Complexity

Competitive Landscape

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

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

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