Flag Portugal / Gibraltar Flag

2020
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Exports
: $214M, Rnk 37 / 210

2020
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Top Product
: $203M, Refined Petroleum

2020
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Exports
: $256k, Rnk 23 / 82

2020
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Top Product
: $70.4k, Prefabricated Buildings

2020
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Economic Complexity (ECI)
: ECI 0.47, Rnk 45 / 127

2020
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GDP
: $229B, CURRENT US$
Rnk 48 / 204

2010-2020
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GDP GROWTH
: -4.02%, CURRENT US$
Rnk 172 / 204

2020
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GDP PC 
: $22,195, CURRENT US$
Rnk 50 / 204

2010-2020
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GDP PC GROWTH
: -1.45%, CURRENT US$
Rnk 150 / 204

Portugal-Gibraltar In 2020, Portugal exported $214M to Gibraltar. The main products that Portugal exported to Gibraltar are Refined Petroleum ($203M), Rolled Tobacco ($7.73M), and Aluminium Structures ($913k). During the last 25 years the exports of Portugal to Gibraltar have increased at an annualized rate of 15%, from $6.52M in 1995 to $214M in 2020.

In 2020, Portugal did not export any services to Gibraltar.

Gibraltar-Portugal In 2020, Gibraltar exported $256k to Portugal. The main products that Gibraltar exported to Portugal were Prefabricated Buildings ($70.4k), Other Furniture ($39.3k), and Insulated Wire ($28.7k). During the last 25 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 7.97%, from $2.04M in 1995 to $256k in 2020.

In 2020, Gibraltar did not export any services to Portugal.

Comparison In 2020,  Portugal ranked 45 in the Economic Complexity Index (ECI 0.47),  and 43 in total exports ($62.2B). That same year, Gibraltar ranked 177 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Portugal exported $214M to Gibraltar. The main products exported from Portugal to Gibraltar were Refined Petroleum ($203M), Rolled Tobacco ($7.73M), and Aluminium Structures ($913k). During the last 25 years the exports of Portugal to Gibraltar have increased at an annualized rate of 15%, from $6.52M in 1995 to $214M in 2020.

In 2020, Gibraltar exported $256k to Portugal. The main products exported from Gibraltar to Portugal were Prefabricated Buildings ($70.4k), Other Furniture ($39.3k), and Insulated Wire ($28.7k). During the last 25 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 7.97%, from $2.04M in 1995 to $256k in 2020.

Market Competitiveness

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Measure

Portugal
Top Destination
: Spain, $14.7B

Gibraltar
Top Destination
: Netherlands, $58.7M

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

In 2019, countries that imported more from Portugal than Gibraltar were Spain ($14.7B), France ($8.01B), and Germany ($7.27B).

In 2019, countries that imported more from Gibraltar than Portugal were Belize ($46.6k).

Comparative Advantage Portugal - Gibraltar

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Flow
Scale

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

During 2020, Portugal had a large net trade with Gibraltar in the exports of Mineral Products ($203M), Foodstuffs ($7.81M), and Metals ($1.68M).

During 2020, Gibraltar had a large net trade with Portugal in the exports of Miscellaneous ($133k), Machines ($94k), and Metals ($14.9k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Gibraltar. Similarly, the more yellow a dot/product is, the more Gibraltar has comparative advantage over Portugal.