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2023
Flag → Flag
Exports $525kRnk 20 / 88
2023
Flag → Flag
Top Product $391kRecreational Boats
2023
Flag → Flag
Exports $318MRnk 35 / 211
2023
Flag → Flag
Top Product $307MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Gibraltar-Portugal Trade: In 2023, Gibraltar exported $525k to Portugal. The main products that Gibraltar exported to Portugal were Recreational Boats ($391k), Wood Carpentry ($65.4k), and Aluminium Plating ($45.7k). Over the past 5 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 10.6%, from $920k in 2018 to $525k in 2023.

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

Portugal-Gibraltar Trade: In 2023, Portugal exported $318M to Gibraltar. The main products that Portugal exported to Gibraltar were Refined Petroleum ($307M), Rolled Tobacco ($5.3M), and Aluminium Structures ($1.1M). Over the past 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 12.5%,  from $177M in 2018 to $318M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $525k to Portugal. The main products exported from Gibraltar to Portugal were Recreational Boats ($391k), Wood Carpentry ($65.4k), and Aluminium Plating ($45.7k). During the last 5 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 10.6%, from $920k in 2018 to $525k in 2023.

In 2018, Portugal exported $318M to Gibraltar. The main products exported from Portugal to Gibraltar were Refined Petroleum ($307M), Rolled Tobacco ($5.3M), and Aluminium Structures ($1.1M). During the last 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 12.5%, from $177M in 2023 to $318M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Gibraltar
Top DestinationNetherlands$113M
Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Gibraltar included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Gibraltar - Portugal

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Portugal in the exports of Transportation ($399k), Wood Products ($67.7k), and Metals ($46.2k).

During 2018, Portugal had a large net trade with Gibraltar in the exports of Mineral Products ($307M), Foodstuffs ($5.44M), and Metals ($2.39M).

Economic Complexity

Competitive Landscape

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

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

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