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2022
Flag → Flag
Exports $90.7kRnk 35 / 89
2022
Flag → Flag
Top Product $54.7kOther Agricultural Machinery
2022
Flag → Flag
Exports $166MRnk 93 / 222
2022
Flag → Flag
Top Product $121MCoal Tar Oil
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Gibraltar-Belgium Trade: In 2022, Gibraltar exported $90.7k to Belgium. The main products that Gibraltar exported to Belgium were Other Agricultural Machinery ($54.7k), Soybean Oil ($14.1k), and Beauty Products ($7.79k). Over the past 5 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 55.7%, from $5.33M in 2017 to $90.7k in 2022.

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

Belgium-Gibraltar Trade: 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). Over the past 5 years the exports of Belgium to Gibraltar have increased at an annualized rate of 42.1%,  from $28.7M in 2017 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 19 in the Economic Complexity Index (ECI 1.25), 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 5 years the exports of Gibraltar to Belgium have decreased at an annualized rate of 55.7%, from $5.33M in 2017 to $90.7k in 2022.

In 2017, 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 5 years the exports of Belgium to Gibraltar have increased at an annualized rate of 42.1%, from $28.7M in 2022 to $166M in 2017.

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 DestinationIreland$81.4M
Belgium
Top DestinationGermany$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 2022, no countries were registered that imported more from Gibraltar than from Belgium.

In 2022, countries that imported more from Belgium than Gibraltar included 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 2017, 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 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) (2022)

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