Crude Petroleum in 
Gibraltar
2015 Exports | Imports : $129 | $556M, World Rnk 0 / 0 Rnk 0 / 0 | World Rnk 56 / 145 Rnk 2 / 956
2020 PRODUCT COMPLEXITY IN Crude Petroleum: -2.2, Rnk 1018 / 1029
Imports In 2020, Gibraltar imported $556M in Crude Petroleum, becoming the 56th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Gibraltar. Gibraltar imports Crude Petroleum primarily from: Nigeria ($301M), United Kingdom ($224M), United States ($18.4M), Italy ($8.57M), and Colombia ($3.34M).
The fastest growing import markets in Crude Petroleum for Gibraltar between 2019 and 2020 were United Kingdom ($189M), Nigeria ($110M), and United States ($18.4M).
Latest Trends
#permalink to sectionSubnational Monthly Trade
#permalink to sectionFor a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2015): $129
IMPORTS (2020): $556M
NET TRADE (2020): -$556M
In 2020, Gibraltar imported $556M in Crude Petroleum, mainly from Nigeria ($301M), United Kingdom ($224M), United States ($18.4M), Italy ($8.57M), and Colombia ($3.34M).
Market Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2020, Gibraltar's main exporting competitors in Crude Petroleum were:
- Saudi Arabia , $95.7B
- Russia , $74.4B
- United States , $52.3B
In 2020, Gibraltar's main importing competitors in Crude Petroleum were:
- China , $150B
- United States , $75.1B
- India , $59B
