2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Gibraltar-Turkey Trade: In 2023, Gibraltar exported $71.6k to Turkey. The main products that Gibraltar exported to Turkey were Air Pumps ($39.8k), Spark-Ignition Engines ($13.3k), and Aluminium Bars ($7.81k). Over the past 5 years the exports of Gibraltar to Turkey have increased at an annualized rate of 18.1%, from $31.2k in 2018 to $71.6k in 2023.

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

Turkey-Gibraltar Trade: In 2023, Turkey exported $100M to Gibraltar. The main products that Turkey exported to Gibraltar were Refined Petroleum ($97.4M), Petroleum Coke ($1.97M), and Coal Tar Oil ($355k). Over the past 5 years the exports of Turkey to Gibraltar have decreased at an annualized rate of 12.6%,  from $197M in 2018 to $100M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $71.6k to Turkey. The main products exported from Gibraltar to Turkey were Air Pumps ($39.8k), Spark-Ignition Engines ($13.3k), and Aluminium Bars ($7.81k). During the last 5 years the exports of Gibraltar to Turkey have increased at an annualized rate of 18.1%, from $31.2k in 2018 to $71.6k in 2023.

In 2018, Turkey exported $100M to Gibraltar. The main products exported from Turkey to Gibraltar were Refined Petroleum ($97.4M), Petroleum Coke ($1.97M), and Coal Tar Oil ($355k). During the last 5 years the exports of Turkey to Gibraltar have decreased at an annualized rate of 12.6%, from $197M in 2023 to $100M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Turkey than Gibraltar included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

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 2023, Gibraltar had a large net trade with Turkey in the exports of Machines ($60.3k), Metals ($7.81k), and Transportation ($1.42k).

During 2018, Turkey had a large net trade with Gibraltar in the exports of Mineral Products ($99.8M), Machines ($176k), and Chemical Products ($68.4k).

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) (2023)

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