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Overview In 2021 Gibraltar was the number 192 economy in the world in terms of total exports and the number 111 in total imports.

Exports The top exports of Gibraltar are Cars ($35.2M), Passenger and Cargo Ships ($27.8M), Refined Petroleum ($25.3M), Recreational Boats ($6.01M), and Precious Metal Watches ($5.29M), exporting mostly to Netherlands ($29.5M), Poland ($24.5M), Hong Kong ($11.4M), Spain ($11.2M), and Belgium ($8.64M).

Imports The top imports of Gibraltar are Refined Petroleum ($6.33B), Recreational Boats ($772M), Crude Petroleum ($531M), Coal Tar Oil ($508M), and Cars ($281M), importing mostly from Greece ($1.23B), Spain ($1.2B), Italy ($1.17B), Seychelles ($645M), and Netherlands ($583M).

Location Gibraltar borders Spain by land and Morocco by sea.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Gibraltar.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

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Subscribe today to OEC pro and access the latest data

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Cars$35.2M
Top Destination (2021)Netherlands$29.5M

In 2021, Gibraltar exported a total of $124M, making it the number 192 exporter in the world. During the last five reported years the exports of Gibraltar have changed by -$124M from $247M in 2016 to $124M in 2021.

The most recent exports are led by Cars ($35.2M), Passenger and Cargo Ships ($27.8M), Refined Petroleum ($25.3M), Recreational Boats ($6.01M), and Precious Metal Watches ($5.29M). The most common destination for the exports of Gibraltar are Netherlands ($29.5M), Poland ($24.5M), Hong Kong ($11.4M), Spain ($11.2M), and Belgium ($8.64M).

Explore Visualizations

Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
Hong Kong$10.7M (+ 1.39k%)
Poland$9.08M (+ 59.1%)
Belgium$7.96M (+ 1.17k%)
Fastest Growing Import Markets (2020 - 2021)
Greece$737M (+ 148%)
Italy$549M (+ 88.1%)
Spain$278M (+ 30.3%)

Total Export Growth by Market (2020 - 2021)

Economic Complexity

Most Specialized Products by RCA Index

Gibraltar has a high level of specialization in Passenger and Cargo Ships (63.9), Precious Metal Watches (58), Recreational Boats (42.1), Other Floating Structures (36.4), and Float Glass (23.4). Specialization is measured using RCA, an index that takes the ratio between Gibraltar observed and expected exports in each product.

Most Complex Products by PCI

Export Opportunities by Relatedness

The top export opportunities for Gibraltar according to the relatedness index, were Paintings (0.079), Surveying Equipment (0.066), Used Clothing (0.066), Antiques (0.063), and Other Animals (0.062). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Gibraltar is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Gibraltar. These are products that tend to be co-exported with the products that Gibraltar exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

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