2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Gibraltar-Sweden Trade: In 2023, Gibraltar exported $19.1M to Sweden. The main products that Gibraltar exported to Sweden were Refined Petroleum ($16.2M), Petroleum Gas ($2.85M), and Video Recording Equipment ($84.9k). Over the past 5 years the exports of Gibraltar to Sweden have increased at an annualized rate of 338%, from $11.9k in 2018 to $19.1M in 2023.

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

Sweden-Gibraltar Trade: In 2023, Sweden exported $29.7M to Gibraltar. The main products that Sweden exported to Gibraltar were Coal Tar Oil ($25.5M), Centrifuges ($3.35M), and Liquid Dispersing Machines ($105k). Over the past 5 years the exports of Sweden to Gibraltar have decreased at an annualized rate of 31.9%,  from $202M in 2018 to $29.7M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $19.1M to Sweden. The main products exported from Gibraltar to Sweden were Refined Petroleum ($16.2M), Petroleum Gas ($2.85M), and Video Recording Equipment ($84.9k). During the last 5 years the exports of Gibraltar to Sweden have increased at an annualized rate of 338%, from $11.9k in 2018 to $19.1M in 2023.

In 2018, Sweden exported $29.7M to Gibraltar. The main products exported from Sweden to Gibraltar were Coal Tar Oil ($25.5M), Centrifuges ($3.35M), and Liquid Dispersing Machines ($105k). During the last 5 years the exports of Sweden to Gibraltar have decreased at an annualized rate of 31.9%, from $202M in 2023 to $29.7M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Sweden
Top Destination
Germany$18.4B

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

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

In 2023, countries that imported more from Sweden than Gibraltar included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Gibraltar - Sweden

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Sweden in the exports of Mineral Products ($19M), Machines ($86.2k), and Instruments ($3.3k).

During 2018, Sweden had a large net trade with Gibraltar in the exports of Mineral Products ($25.5M), Machines ($3.99M), and Textiles ($75.8k).

Economic Complexity

Competitive Landscape

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

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

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