2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Gibraltar-Turkey Trade: In 2022, Gibraltar exported $1.41k to Turkey. The main products that Gibraltar exported to Turkey were Paintings ($1.05k), Electrical Parts ($227), and Electrical Lighting and Signalling Equipment ($114). Over the past 5 years the exports of Gibraltar to Turkey have decreased at an annualized rate of 46.7%, from $32.9k in 2017 to $1.41k in 2022.

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

Turkey-Gibraltar Trade: In 2022, Turkey exported $64.2M to Gibraltar. The main products that Turkey exported to Gibraltar were Refined Petroleum ($42.1M), Fishing Ships ($18.8M), and Other Floating Structures ($969k). Over the past 5 years the exports of Turkey to Gibraltar have decreased at an annualized rate of 15.9%,  from $152M in 2017 to $64.2M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $1.41k to Turkey. The main products exported from Gibraltar to Turkey were Paintings ($1.05k), Electrical Parts ($227), and Electrical Lighting and Signalling Equipment ($114). During the last 5 years the exports of Gibraltar to Turkey have decreased at an annualized rate of 46.7%, from $32.9k in 2017 to $1.41k in 2022.

In 2017, Turkey exported $64.2M to Gibraltar. The main products exported from Turkey to Gibraltar were Refined Petroleum ($42.1M), Fishing Ships ($18.8M), and Other Floating Structures ($969k). During the last 5 years the exports of Turkey to Gibraltar have decreased at an annualized rate of 15.9%, from $152M in 2022 to $64.2M in 2017.

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

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

Latest Data

Trade between Gibraltar (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Gibraltar than Turkey included Cape Verde ($12.5M).

In 2022, countries that imported more from Turkey than Gibraltar included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Gibraltar - Turkey

Flow
Scale

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

During 2022, Gibraltar had a large net trade with Turkey in the exports of Arts and Antiques ($1.05k), Machines ($341), and Textiles ($16).

During 2017, Turkey had a large net trade with Gibraltar in the exports of Mineral Products ($42.1M), Transportation ($20.8M), and Machines ($891k).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Turkey (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with