2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Gibraltar-Belgium In 2022, Gibraltar exported $90.7k to Belgium. The main products that Gibraltar exported to Belgium are Other Agricultural Machinery ($54.7k), Soybean Oil ($14.1k), and Beauty Products ($7.79k). During the last 23 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 10.2%, from $1.08M in 1999 to $90.7k in 2022.

In 2022, Gibraltar did not export any services to Belgium.

Belgium-Gibraltar In 2022, Belgium exported $166M to Gibraltar. The main products that Belgium exported to Gibraltar were Coal Tar Oil ($121M), Petroleum Gas ($30.7M), and Refined Petroleum ($9.05M). During the last 23 years the exports of Belgium to Gibraltar have increased at an annualized rate of 12.8%, from $10.4M in 1999 to $166M in 2022.

In 2022, Belgium did not export any services to Gibraltar.

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $90.7k to Belgium. The main products exported from Gibraltar to Belgium were Other Agricultural Machinery ($54.7k), Soybean Oil ($14.1k), and Beauty Products ($7.79k). During the last 23 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 10.2%, from $1.08M in 1999 to $90.7k in 2022.

In 2022, Belgium exported $166M to Gibraltar. The main products exported from Belgium to Gibraltar were Coal Tar Oil ($121M), Petroleum Gas ($30.7M), and Refined Petroleum ($9.05M). During the last 23 years the exports of Belgium to Gibraltar have increased at an annualized rate of 12.8%, from $10.4M in 1999 to $166M in 2022.

Exports from Gibraltar (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Gibraltar (Flag) (2022)

Latest Data

Trade between Gibraltar (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Belgium
Top Destination
Germany$91.9B

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 2019, no countries were registered that imported more from Gibraltar than from Belgium.

In 2021, countries that imported more from Belgium than Gibraltar were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium (Flag) and Gibraltar (Flag) (2022)

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 2022, Gibraltar had a large net trade with Belgium in the exports of Machines ($62.2k), Animal and Vegetable Bi-Products ($14.1k), and Chemical Products ($7.79k).

During 2022, Belgium had a large net trade with Gibraltar in the exports of Mineral Products ($165M), Animal and Vegetable Bi-Products ($413k), and Transportation ($297k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Gibraltar has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Gibraltar.

Product Space of Gibraltar (Flag) and Belgium (Flag) (2022)

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