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2022
Flag → Flag
Exports $1.65MRnk 157 / 0
2022
Flag → Flag
Exports $37.9MRnk 21 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195

About

South Korea-Gibraltar Trade: In 2022, South Korea exported $1.65M to Gibraltar. The main products that South Korea exported to Gibraltar were N/A. Over the past 5 years the exports of South Korea to Gibraltar have decreased at an annualized rate of 2.27%, from $1.85M in 2017 to $1.65M in 2022.

In 2022, South Korea did not export any services to Gibraltar.

Gibraltar-South Korea Trade: In 2022, Gibraltar exported $37.9M to South Korea. The main products that Gibraltar exported to South Korea were N/A. Over the past 5 years the exports of Gibraltar to South Korea have increased at an annualized rate of 72.3%,  from $2.5M in 2017 to $37.9M in 2022.

In 2022, Gibraltar did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $430k and imported $0 from Gibraltar, resulting in a positive trade balance of $430k. Between December 2023 and December 2024 the exports of South Korea have decreased by $-29k (-6.32%) from $459k to $430k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In December 2024, the top exports of South Korea to Gibraltar were Cars, tractors, trucks & parts thereof. ($163k), Machinery, mechanical appliances, & parts ($6k), Perfumery & cosmetics ($0), and Optical, photo, & film equipment; medical... ($0). In December 2024 the top imports of South Korea from Gibraltar were Perfumery & cosmetics ($0), Machinery, mechanical appliances, & parts ($0), Cars, tractors, trucks & parts thereof. ($0), and Optical, photo, & film equipment; medical... ($0).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-49k or -89.1%). In December 2024, the change in South Korea's year-by-year imports  from Gibraltar was explained primarily by an decrease in product imports  in Machinery, mechanical appliances, & parts ($-3k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-29k(-6.32%)
IMPORT GROWTH (December 2023 - December 2024)$0(N/A%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Gibraltar and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gibraltar and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.65M to Gibraltar. There were not main exports from South Korea to Gibraltar in 2022. During the last 5 years the exports of South Korea to Gibraltar have decreased at an annualized rate of 2.27%, from $1.85M in 2017 to $1.65M in 2022.

In 2017, Gibraltar exported $37.9M to South Korea. There were not main exports from Gibraltar to South Korea in 2017. During the last 5 years the exports of Gibraltar to South Korea have increased at an annualized rate of 72.3%, from $2.5M in 2022 to $37.9M in 2017.

Exports from South Korea (Flag) to Gibraltar (Flag) (2022)

Exports from Gibraltar (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Gibraltar
Top DestinationNetherlands$113M

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

In 2023, countries that imported more from South Korea than Gibraltar included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Gibraltar than South Korea included Liberia ($7.72k).

Difference in imports from Gibraltar (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Gibraltar

Flow
Scale

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

During 2022, South Korea had a large net trade with Gibraltar in the exports of .

During 2017, Gibraltar had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Gibraltar (Flag) (2022)

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