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2022
Flag → Flag
Exports $204MRnk 23 / 208
2022
Flag → Flag
Top Product $537MRefined Petroleum
2022
Flag → Flag
Exports $5.68MRnk 22 / 89
2022
Flag → Flag
Top Product $687kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Portugal-Gibraltar Trade: In 2022, Portugal exported $204M to Gibraltar. The main products that Portugal exported to Gibraltar were Refined Petroleum ($537M), Coal Tar Oil ($11.9M), and Rolled Tobacco ($6.14M). Over the past 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 99.2%, from $6.52M in 2017 to $204M in 2022.

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

Gibraltar-Portugal Trade: In 2022, Gibraltar exported $5.68M to Portugal. The main products that Gibraltar exported to Portugal were Scrap Iron ($687k), Cars ($63.7k), and Shaped Paper ($63.2k). Over the past 5 years the exports of Gibraltar to Portugal have increased at an annualized rate of 22.7%,  from $2.04M in 2017 to $5.68M in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Latest Trends

April, 2024

About

Overview In April 2024, Portugal exported €89.1M and imported €2.9k from Gibraltar, resulting in a positive trade balance of €89.1M. Between April 2023 and April 2024 the exports of Portugal have increased by €48.2M (118%) from €41M to €89.1M, while imports decreased by €-62.2k (-95.5%) from €65.1k to €2.9k.

Trade In April 2024, the top exports of Portugal to Gibraltar were Tobacco & substitutes (€513k), Aluminum articles (€177k), Clocks, watches, & parts (€85k), Iron or steel articles (€54k), and Glass & glassware (€52.8k). In April 2024 the top imports of Portugal from Gibraltar were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In April 2024, the increase in Portugal's year-by-year exports to Gibraltar was explained primarily by an increase in product exports in Iron or steel articles (€27.9k or 107%), Paper articles (€26.8k or 5.71k%), and Cars, tractors, trucks & parts thereof. (€26.3k or 303%). In April 2024, the decrease in Portugal's year-by-year imports  from Gibraltar was explained primarily by an decrease in product imports  in Electrical machinery and electronics (€-2.19k or -100%) and Knitted clothing accesories (€-150 or -100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (April 2023 - April 2024)€48.2M(118%)
IMPORT GROWTH (April 2023 - April 2024)€-62.2k(-95.5%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $204M to Gibraltar. The main products exported from Portugal to Gibraltar were Refined Petroleum ($537M), Coal Tar Oil ($11.9M), and Rolled Tobacco ($6.14M). During the last 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 99.2%, from $6.52M in 2017 to $204M in 2022.

In 2017, Gibraltar exported $5.68M to Portugal. The main products exported from Gibraltar to Portugal were Scrap Iron ($687k), Cars ($63.7k), and Shaped Paper ($63.2k). During the last 22 years the exports of Gibraltar to Portugal have increased at an annualized rate of 22.7%, from $2.04M in 1995 to $5.68M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Gibraltar
Top DestinationIreland$81.4M

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 2022, countries that imported more from Portugal than Gibraltar included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Gibraltar

Flow
Scale

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

During 2022, Portugal had a large net trade with Gibraltar in the exports of Mineral Products ($549M), Foodstuffs ($6.28M), and Metals ($2.66M).

During 2017, Gibraltar had a large net trade with Portugal in the exports of Metals ($701k), Machines ($71.4k), and Transportation ($68k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Gibraltar+N/AN/A
Top Product Potential Gibraltar Portugal+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Gibraltar (Flag) (2022)

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