2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Gibraltar Trade: In 2022, Italy exported $2.04B to Gibraltar. The main products that Italy exported to Gibraltar were Refined Petroleum ($1.88B), Coal Tar Oil ($84.9M), and Cars ($30.5M). Over the past 5 years the exports of Italy to Gibraltar have increased at an annualized rate of 12.7%, from $1.12B in 2017 to $2.04B in 2022.

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

Gibraltar-Italy Trade: In 2022, Gibraltar exported $6.2M to Italy. The main products that Gibraltar exported to Italy were Recreational Boats ($6.16M), Transmissions ($21.1k), and Seats ($15.7k). Over the past 5 years the exports of Gibraltar to Italy have decreased at an annualized rate of 8.77%,  from $18.7M in 2017 to $6.2M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $2.04B to Gibraltar. The main products exported from Italy to Gibraltar were Refined Petroleum ($1.88B), Coal Tar Oil ($84.9M), and Cars ($30.5M). During the last 5 years the exports of Italy to Gibraltar have increased at an annualized rate of 12.7%, from $1.12B in 2017 to $2.04B in 2022.

In 2017, Gibraltar exported $6.2M to Italy. The main products exported from Gibraltar to Italy were Recreational Boats ($6.16M), Transmissions ($21.1k), and Seats ($15.7k). During the last 5 years the exports of Gibraltar to Italy have decreased at an annualized rate of 8.77%, from $18.7M in 2022 to $6.2M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Gibraltar
Top Destination
Ireland$81.4M

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 2022, countries that imported more from Italy than Gibraltar included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Gibraltar than from Italy.

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

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 2022, Italy had a large net trade with Gibraltar in the exports of Mineral Products ($2B), Transportation ($41.4M), and Machines ($1.21M).

During 2017, Gibraltar had a large net trade with Italy in the exports of Transportation ($6.16M), Machines ($21.1k), and Miscellaneous ($16.8k).

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) (2022)

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