2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Gibraltar-Portugal Trade: In 2022, Gibraltar exported $996k to Portugal. The main products that Gibraltar exported to Portugal were Scrap Iron ($687k), Cars ($63.7k), and Shaped Paper ($63.2k). Over the past 5 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 29.4%, from $5.68M in 2017 to $996k in 2022.

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

Portugal-Gibraltar Trade: In 2022, Portugal exported $561M to Gibraltar. The main products that Portugal exported to Gibraltar were Refined Petroleum ($537M), Coal Tar Oil ($11.9M), and Rolled Tobacco ($6.14M). Over the past 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 22.4%,  from $204M in 2017 to $561M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $996k to Portugal. The main products exported from Gibraltar to Portugal were Scrap Iron ($687k), Cars ($63.7k), and Shaped Paper ($63.2k). During the last 5 years the exports of Gibraltar to Portugal have decreased at an annualized rate of 29.4%, from $5.68M in 2017 to $996k in 2022.

In 2017, Portugal exported $561M to Gibraltar. The main products exported from Portugal to Gibraltar were Refined Petroleum ($537M), Coal Tar Oil ($11.9M), and Rolled Tobacco ($6.14M). During the last 5 years the exports of Portugal to Gibraltar have increased at an annualized rate of 22.4%, from $204M in 2022 to $561M in 2017.

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

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

Latest Data

Trade between Gibraltar (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Portugal
Top Destination
Spain$20.5B

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 2022, no countries were registered that imported more from Gibraltar than from Portugal.

In 2022, countries that imported more from Portugal than Gibraltar included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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 2022, Gibraltar had a large net trade with Portugal in the exports of Metals ($701k), Machines ($71.4k), and Transportation ($68k).

During 2017, Portugal had a large net trade with Gibraltar in the exports of Mineral Products ($549M), Foodstuffs ($6.28M), and Metals ($2.66M).

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) (2022)

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