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2022
Flag → Flag
Exports $1.85MRnk 196 / 220
2022
Flag → Flag
Top Product $1.23MCars
2022
Flag → Flag
Exports $2.28MRnk 5 / 89
2022
Flag → Flag
Top Product $33.6MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Gibraltar Trade: In 2022, South Korea exported $1.85M to Gibraltar. The main products that South Korea exported to Gibraltar were Cars ($1.23M), Engine Parts ($285k), and Flavored Water ($54k). Over the past 5 years the exports of South Korea to Gibraltar have increased at an annualized rate of 58%, from $188k in 2017 to $1.85M in 2022.

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

Gibraltar-South Korea Trade: In 2022, Gibraltar exported $2.28M to South Korea. The main products that Gibraltar exported to South Korea were Refined Petroleum ($33.6M), Non-Knit Active Wear ($8.2k), and Engine Parts ($2.36k). Over the past 5 years the exports of Gibraltar to South Korea have increased at an annualized rate of 408%,  from $675 in 2017 to $2.28M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Latest Trends

April, 2024

About

Overview In April 2024, South Korea exported $5k and imported $0 from Gibraltar, resulting in a positive trade balance of $5k. Between April 2023 and April 2024 the exports of South Korea have decreased by $-130k (-96.3%) from $135k to $5k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In April 2024, the top exports of South Korea to Gibraltar were Machinery, mechanical appliances, & parts ($55k), Cars, tractors, trucks & parts thereof. ($19k), Electrical machinery and electronics ($6k), Perfumery & cosmetics ($0), and Leather articles ($0). In April 2024 the top imports of South Korea from Gibraltar were Machinery, mechanical appliances, & parts ($3k), Perfumery & cosmetics ($0), Leather articles ($0), Knitted clothing accesories ($0), and Headgear ($0).

Growth In April 2024, the decrease in South Korea's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. ($-191k or -91%). In April 2024, the change in South Korea's year-by-year imports  from Gibraltar was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$-130k(-96.3%)
IMPORT GROWTH (April 2023 - April 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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.85M to Gibraltar. The main products exported from South Korea to Gibraltar were Cars ($1.23M), Engine Parts ($285k), and Flavored Water ($54k). During the last 5 years the exports of South Korea to Gibraltar have increased at an annualized rate of 58%, from $188k in 2017 to $1.85M in 2022.

In 2017, Gibraltar exported $2.28M to South Korea. The main products exported from Gibraltar to South Korea were Refined Petroleum ($33.6M), Non-Knit Active Wear ($8.2k), and Engine Parts ($2.36k). During the last 22 years the exports of Gibraltar to South Korea have increased at an annualized rate of 408%, from $675 in 1995 to $2.28M 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$150B
Gibraltar
Top DestinationIreland$81.4M

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 2022, countries that imported more from South Korea than Gibraltar included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Difference in imports from Gibraltar (Flag) and South Korea (Flag) (2022)

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 Transportation ($1.23M), Machines ($337k), and Foodstuffs ($54k).

During 2017, Gibraltar had a large net trade with South Korea in the exports of Mineral Products ($33.6M), Textiles ($8.2k), and Machines ($4.13k).

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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