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2022
Exports $164MWorld Rnk 91 / 214
Flag Rnk 1 / 395
2022
Destination $49M Brazil
2021 - 2022
FASTEST GROWING MARKET $49MBrazil
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $7.51BWorld Rnk 39 / 225
Flag Rnk 1 / 963
2022
Origin $750M Italy
2021 - 2022
FASTEST GROWING ORIGIN $750MItaly

About

Exports In 2022, Gibraltar exported $164M in Refined Petroleum, making it the 91st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Gibraltar. The main destination of Refined Petroleum exports from Gibraltar are: Brazil ($49M), South Korea ($33.6M), France ($21.1M), Singapore ($14.9M), and Netherlands ($12.9M).

The fastest growing export markets for Refined Petroleum of Gibraltar between 2021 and 2022 were Brazil ($49M), South Korea ($33.6M), and France ($21.1M).

Imports In 2022, Gibraltar imported $7.51B in Refined Petroleum, becoming the 39th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Gibraltar. Gibraltar imports Refined Petroleum primarily from: Italy ($1.88B), Greece ($1.26B), Spain ($1.24B), India ($587M), and Portugal ($537M).

The fastest growing import markets in Refined Petroleum for Gibraltar between 2021 and 2022 were Italy ($750M), Greece ($661M), and Spain ($358M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$164M
IMPORTS (2022)$7.51B
NET TRADE (2022)-$7.35B

In 2022, Gibraltar exported $164M in Refined Petroleum. The main destinations of Gibraltar exports on Refined Petroleum were Brazil ($49M), South Korea ($33.6M), France ($21.1M), Singapore ($14.9M), and Netherlands ($12.9M).

In 2022, Gibraltar imported $7.51B in Refined Petroleum, mainly from Italy ($1.88B), Greece ($1.26B), Spain ($1.24B), India ($587M), and Portugal ($537M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Gibraltar WERE (2021 - 2022):
Brazil$49M (1%)
South Korea$33.6M (1%)
France$21.1M (66M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Gibraltar WERE (2021 - 2022):
Belgium-$7.89M (-100%)
Guatemala-$7.45M (-100%)
United States-$68.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Gibraltar's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Gibraltar's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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