2023
Flag
 GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195

About

Gibraltar-Luxembourg Trade: In 2023, Gibraltar exported $50.9k to Luxembourg. The main products that Gibraltar exported to Luxembourg were Cars ($50.8k), Beauty Products ($37), and Brochures ($6). Over the past 6 years the exports of Gibraltar to Luxembourg have increased at an annualized rate of 352%, from $6 in 2017 to $50.9k in 2023.

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

Luxembourg-Gibraltar Trade: In 2023, Luxembourg exported $7.89M to Gibraltar. The main products that Luxembourg exported to Gibraltar were Rolled Tobacco ($7.71M), Textile Footwear ($131k), and Refrigerators ($22.2k). Over the past 6 years the exports of Luxembourg to Gibraltar have decreased at an annualized rate of 13.6%,  from $16.4M in 2017 to $7.89M in 2023.

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

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $50.9k to Luxembourg. The main products exported from Gibraltar to Luxembourg were Cars ($50.8k), Beauty Products ($37), and Brochures ($6). During the last 6 years the exports of Gibraltar to Luxembourg have increased at an annualized rate of 352%, from $6 in 2017 to $50.9k in 2023.

In 2018, Luxembourg exported $7.89M to Gibraltar. The main products exported from Luxembourg to Gibraltar were Rolled Tobacco ($7.71M), Textile Footwear ($131k), and Refrigerators ($22.2k). During the last 5 years the exports of Luxembourg to Gibraltar have decreased at an annualized rate of 13.6%, from $16.4M in 2023 to $7.89M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Gibraltar than Luxembourg included Cyprus ($20.9M) and Zimbabwe ($489k).

In 2023, countries that imported more from Luxembourg than Gibraltar included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

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

Comparative Advantage Gibraltar - Luxembourg

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Luxembourg in the exports of Transportation ($50.8k), Chemical Products ($37), and Paper Goods ($6).

During 2018, Luxembourg had a large net trade with Gibraltar in the exports of Foodstuffs ($7.72M), Footwear and Headwear ($135k), and Machines ($22.3k).

Economic Complexity

Competitive Landscape

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

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

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