Iceland (ISL) and Gibraltar (GIB) Trade | The Observatory of Economic Complexity

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Iceland-Gibraltar Trade: In 2023, Iceland exported $232k to Gibraltar. The main products that Iceland exported to Gibraltar were Refined Petroleum ($227k), Revenue Stamps ($5.59k), and Other Headwear ($31). Over the past 5 years the exports of Iceland to Gibraltar have decreased at an annualized rate of 34.9%, from $1.98M in 2018 to $232k in 2023.

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

Gibraltar-Iceland In N/A, Gibraltar did not export any products to Iceland.

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

Comparison In 2023, Iceland ranked 115 in total exports ($7.31B). That same year, Gibraltar ranked 177 in total exports ($296M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iceland exported $232k to Gibraltar. The main products exported from Iceland to Gibraltar were Refined Petroleum ($227k), Revenue Stamps ($5.59k), and Other Headwear ($31). During the last 5 years the exports of Iceland to Gibraltar have decreased at an annualized rate of 34.9%, from $1.98M in 2018 to $232k in 2023.

Gibraltar does not register exports to Iceland.

Exports from Iceland () to Gibraltar () (2023)

Exports from Gibraltar () to Iceland () (2023)

Latest Data

Trade between Iceland () and Gibraltar ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Gibraltar
Top DestinationNetherlands$113M

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

In 2023, countries that imported more from Iceland than Gibraltar included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Gibraltar than Iceland included Cyprus ($20.9M), Malaysia ($8.23M), and Ghana ($1.3M).

Difference in imports from Gibraltar () and Iceland () (2023)

Comparative Advantage Iceland - Gibraltar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iceland had a large net trade with Gibraltar in the exports of Mineral Products ($227k), Arts and Antiques ($5.59k), and Footwear and Headwear ($31).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iceland () to Gibraltar () (2023)

Exports from Gibraltar () to Iceland () (2023)

Latest Data

Trade between Iceland () and Gibraltar ()

Iceland Exports

Market Competitiveness

Difference in imports from Gibraltar () and Iceland () (2023)

Comparative Advantage Iceland - Gibraltar

Economic Complexity

Competitive Landscape

Product Space of Iceland () and Gibraltar () (2023)

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