2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Gibraltar-Australia Trade: In 2023, Gibraltar exported $1.17k to Australia. The main products that Gibraltar exported to Australia were Excavation Machinery ($1.17k). Over the past 5 years the exports of Gibraltar to Australia have decreased at an annualized rate of 49.5%, from $35.8k in 2018 to $1.17k in 2023.

In 2023, Gibraltar did not export any services to Australia.

Australia-Gibraltar Trade: In 2023, Australia exported $49k to Gibraltar. The main products that Australia exported to Gibraltar were Centrifuges ($34.4k), Motor vehicles; parts and accessories (8701 to 8705) ($3.49k), and Knit Socks and Hosiery ($2.38k). Over the past 5 years the exports of Australia to Gibraltar have decreased at an annualized rate of 5.59%,  from $65.3k in 2018 to $49k in 2023.

In 2023, Australia did not export any services to Gibraltar.

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $1.17k to Australia. The main products exported from Gibraltar to Australia were Excavation Machinery ($1.17k). During the last 5 years the exports of Gibraltar to Australia have decreased at an annualized rate of 49.5%, from $35.8k in 2018 to $1.17k in 2023.

In 2018, Australia exported $49k to Gibraltar. The main products exported from Australia to Gibraltar were Centrifuges ($34.4k), Motor vehicles; parts and accessories (8701 to 8705) ($3.49k), and Knit Socks and Hosiery ($2.38k). During the last 5 years the exports of Australia to Gibraltar have decreased at an annualized rate of 5.59%, from $65.3k in 2023 to $49k in 2018.

Exports from Gibraltar (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Gibraltar (Flag) (2023)

Latest Data

Trade between Gibraltar (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Australia
Top Destination
China$137B

This map shows whether countries import more from Gibraltar or Australia. Each country is colored based on the difference in imports they receive from Gibraltar and Australia or the difference in the growth in imports.

In 2023, countries that imported more from Gibraltar than Australia included Gambia ($165k).

In 2023, countries that imported more from Australia than Gibraltar included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Gibraltar (Flag) (2023)

Comparative Advantage Gibraltar - Australia

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Australia in the exports of Machines ($1.17k).

During 2018, Australia had a large net trade with Gibraltar in the exports of Machines ($39k), Textiles ($4.16k), and Transportation ($3.49k).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Australia (Flag) (2023)

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