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2023
Flag → Flag
Exports $40.1kRnk 45 / 88
2023
Flag → Flag
Top Product $14.3kCars
2023
Flag → Flag
Exports $154MRnk 93 / 220
2023
Flag → Flag
Top Product $112MCoal Tar Oil
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
 GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

Gibraltar-Belgium Trade: In 2023, Gibraltar exported $40.1k to Belgium. The main products that Gibraltar exported to Belgium were Cars ($14.3k), Collector's Items ($13.2k), and Electrical Lighting and Signalling Equipment ($3.94k). Over the past 5 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 71.9%, from $22.9M in 2018 to $40.1k in 2023.

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

Belgium-Gibraltar Trade: In 2023, Belgium exported $154M to Gibraltar. The main products that Belgium exported to Gibraltar were Coal Tar Oil ($112M), Refined Petroleum ($26.7M), and Petroleum Gas ($13.4M). Over the past 5 years the exports of Belgium to Gibraltar have increased at an annualized rate of 1.2%,  from $145M in 2018 to $154M in 2023.

In 2023, Belgium 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, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $40.1k to Belgium. The main products exported from Gibraltar to Belgium were Cars ($14.3k), Collector's Items ($13.2k), and Electrical Lighting and Signalling Equipment ($3.94k). During the last 5 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 71.9%, from $22.9M in 2018 to $40.1k in 2023.

In 2018, Belgium exported $154M to Gibraltar. The main products exported from Belgium to Gibraltar were Coal Tar Oil ($112M), Refined Petroleum ($26.7M), and Petroleum Gas ($13.4M). During the last 5 years the exports of Belgium to Gibraltar have increased at an annualized rate of 1.2%, from $145M in 2023 to $154M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Gibraltar
Top DestinationNetherlands$113M
Belgium
Top DestinationFrance$85.6B

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

In 2023, no countries were registered that imported more from Gibraltar than from Belgium.

In 2023, countries that imported more from Belgium than Gibraltar included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Gibraltar - Belgium

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Belgium in the exports of Arts and Antiques ($15.5k), Transportation ($14.6k), and Machines ($4.84k).

During 2018, Belgium had a large net trade with Gibraltar in the exports of Mineral Products ($152M), Transportation ($530k), and Machines ($395k).

Economic Complexity

Competitive Landscape

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

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

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