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Flag Portugal / Gibraltar Flag

2020
Flag → Flag
Exports: $214M, Rnk 37 / 210

2020
Flag → Flag
Top Product: $203M, Refined Petroleum

2020
Flag → Flag
Exports: $256k, Rnk 23 / 82

2020
Flag → Flag
Top Product: $70.4k, Prefabricated Buildings

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

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

About

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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.

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December, 2022

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Overview In December 2022, Portugal exported €54.8M and imported €422 from Gibraltar, resulting in a positive trade balance of €54.8M. Between December 2021 and December 2022 the exports of Portugal have increased by €37.9M (224%) from €16.9M to €54.8M, while imports decreased by €-4.7k (-91.8%) from €5.12k to €422.

Trade In December 2022, the top exports of Portugal to Gibraltar were Mineral fuels, mineral oils and products... (€34.7M), Tobacco & substitutes (€540k), Aluminum articles (€311k), Chemical products n.e.s. (€56.3k), and Electrical machinery and electronics (€53.7k). In December 2022 the top imports of Portugal from Gibraltar were Electrical machinery and electronics (€2.19k), Knitted clothing accesories (€150), Live animals (€0), Meat & edible offal (€0), and Fish, crustaceans, & molluscs (€0).

Growth In December 2022, the increase in Portugal's year-by-year exports to Gibraltar was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... (€29.6M or 577%), Aluminum articles (€287k or 1.18k%), and Tobacco & substitutes (€164k or 43.6%). In December 2022, the decrease in Portugal's year-by-year imports  from Gibraltar was explained primarily by an decrease in product imports  in Iron or steel articles (€-150 or -100%).

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Flow
Time Scale
Value

EXPORT GROWTH (December 2021 - December 2022): €37.9M, (224%)

IMPORT GROWTH (December 2021 - December 2022): €-4.7k, (-91.8%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Gibraltar and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gibraltar and Portugal Data

Go to Bulk Download

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.

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