Gibraltar

Compare Gibraltar →

GI · GIB · BACI 292 · latest data 2024

Exports

$158M USD, nominal · 2024

= $158 M3.8% over 5 yrs (down)

Imports

$9.9B USD, nominal · 2024

= $9,885 M19.4% over 5 yrs (up)

Trade balancedeficit

−$9.7B USD, nominal · 2024

= −$9,727 M

Total trade

$10.0B USD, nominal · 2024

= $10,044 M18.9% over 5 yrs (up)

World position: #186 of 225 exporters · bottom half · #114 of 225 importers · bottom half · 2024
World export share since 1995: ±0.0 pp

Trade timeline

Gibraltar's exports grew from $89M in 1995 to $158M in 2024; the 2024 balance was −$9.7B.

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Exports, imports, trade balance and total trade of Gibraltar per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$89 M	$623 M	−$534 M	$712 M
1996	$106 M	$1,066 M	−$959 M	$1,172 M
1997	$95 M	$1,541 M	−$1,447 M	$1,636 M
1998	$64 M	$1,144 M	−$1,080 M	$1,208 M
1999	$85 M	$1,518 M	−$1,433 M	$1,604 M
2000	$65 M	$2,060 M	−$1,996 M	$2,125 M
2001	$105 M	$1,479 M	−$1,374 M	$1,585 M
2002	$107 M	$1,638 M	−$1,531 M	$1,745 M
2003	$143 M	$1,765 M	−$1,622 M	$1,908 M
2004	$160 M	$2,706 M	−$2,545 M	$2,866 M
2005	$228 M	$3,474 M	−$3,247 M	$3,702 M
2006	$188 M	$5,011 M	−$4,824 M	$5,199 M
2007	$286 M	$6,154 M	−$5,867 M	$6,440 M
2008	$248 M	$8,864 M	−$8,617 M	$9,112 M
2009	$284 M	$7,322 M	−$7,039 M	$7,606 M
2010	$357 M	$9,125 M	−$8,768 M	$9,482 M
2011	$366 M	$14,843 M	−$14,478 M	$15,209 M
2012	$488 M	$16,705 M	−$16,217 M	$17,193 M
2013	$621 M	$15,368 M	−$14,747 M	$15,990 M
2014	$1,171 M	$11,952 M	−$10,781 M	$13,123 M
2015	$414 M	$8,595 M	−$8,181 M	$9,010 M
2016	$252 M	$8,060 M	−$7,808 M	$8,313 M
2017	$363 M	$8,660 M	−$8,296 M	$9,023 M
2018	$181 M	$9,119 M	−$8,938 M	$9,299 M
2019	$165 M	$8,282 M	−$8,117 M	$8,446 M
2020	$210 M	$7,217 M	−$7,008 M	$7,427 M
2021	$129 M	$8,218 M	−$8,089 M	$8,347 M
2022	$432 M	$12,205 M	−$11,773 M	$12,638 M
2023	$296 M	$10,434 M	−$10,139 M	$10,730 M
2024	$158 M	$9,885 M	−$9,727 M	$10,044 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #167 → #186.

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World export and import share in percent, and world ranks, of Gibraltar per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.00%	0.01%	#167	#138
1996	0.00%	0.02%	#163	#125
1997	0.00%	0.03%	#169	#112
1998	0.00%	0.02%	#176	#125
1999	0.00%	0.03%	#171	#115
2000	0.00%	0.03%	#181	#110
2001	0.00%	0.02%	#170	#122
2002	0.00%	0.02%	#171	#122
2003	0.00%	0.02%	#171	#121
2004	0.00%	0.03%	#174	#115
2005	0.00%	0.03%	#169	#111
2006	0.00%	0.04%	#180	#106
2007	0.00%	0.04%	#171	#108
2008	0.00%	0.05%	#177	#101
2009	0.00%	0.06%	#172	#102
2010	0.00%	0.06%	#171	#100
2011	0.00%	0.08%	#178	#87
2012	0.00%	0.09%	#176	#84
2013	0.00%	0.08%	#171	#89
2014	0.01%	0.07%	#155	#99
2015	0.00%	0.05%	#176	#111
2016	0.00%	0.05%	#182	#109
2017	0.00%	0.05%	#175	#109
2018	0.00%	0.05%	#184	#114
2019	0.00%	0.04%	#190	#114
2020	0.00%	0.04%	#181	#115
2021	0.00%	0.04%	#193	#119
2022	0.00%	0.05%	#172	#110
2023	0.00%	0.05%	#176	#114
2024	0.00%	0.04%	#186	#114

30 rows

Trading partners

Italy was Gibraltar's top trading partner in 2024, at 27.5% of total trade; the top five partners covered 62.8%.

Year

Top partner share: 27.5%
Top-5 share: 62.8%
Partners: 87
Partner HHI (0–1): 0.120

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Netherlands $31M

Spain $6M

United Kingdom $2M

Nigeria $1M

South Korea $0M

Sweden $0M

United States $0M

Italy $0M

France $0M

Angola $0M

Greece $0M

Portugal $0M

Bulgaria $0M

Romania $0M

Lithuania $0M

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Top partners of Gibraltar in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Italy	$0 M	$2,757 M	$2,757 M	−$2,757 M
#2	Greece	$0 M	$1,339 M	$1,339 M	−$1,339 M
#3	Spain	$6 M	$891 M	$896 M	−$885 M
#4	France	$0 M	$721 M	$721 M	−$721 M
#5	Bulgaria	$0 M	$592 M	$592 M	−$592 M
#6	Portugal	$0 M	$499 M	$499 M	−$499 M
#7	United States	$0 M	$484 M	$484 M	−$484 M
#8	United Kingdom	$2 M	$380 M	$381 M	−$378 M
#9	Netherlands	$31 M	$326 M	$356 M	−$295 M
#10	Nigeria	$1 M	$293 M	$294 M	−$292 M
#11	Romania	$0 M	$240 M	$240 M	−$240 M
#12	South Korea	$0 M	$202 M	$202 M	−$201 M
#13	Lithuania	$0 M	$182 M	$182 M	−$182 M
#14	Sweden	$0 M	$174 M	$174 M	−$174 M
#15	Angola	$0 M	$130 M	$130 M	−$130 M

15 rows

Products & sectors

Product composition of Gibraltar's trade in 2024.

Year

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Concentration & risk

Gibraltar's export partners diversified over 1995–2024 — HHI 0.224 → 0.205, a moderately concentrated export base across 85 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Gibraltar per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.224	0.156	56	52
1996	0.217	0.123	63	58
1997	0.112	0.249	63	56
1998	0.128	0.289	69	52
1999	0.162	0.264	62	61
2000	0.182	0.195	77	69
2001	0.190	0.134	72	70
2002	0.199	0.145	86	68
2003	0.302	0.119	80	75
2004	0.137	0.110	91	78
2005	0.232	0.117	88	75
2006	0.154	0.121	94	84
2007	0.109	0.116	91	77
2008	0.079	0.136	87	78
2009	0.107	0.109	98	68
2010	0.161	0.094	90	75
2011	0.113	0.114	95	70
2012	0.107	0.118	88	74
2013	0.105	0.093	87	75
2014	0.359	0.087	91	75
2015	0.241	0.101	100	73
2016	0.163	0.102	99	77
2017	0.171	0.084	102	76
2018	0.158	0.101	100	74
2019	0.185	0.103	99	76
2020	0.137	0.079	91	75
2021	0.127	0.073	98	71
2022	0.119	0.096	95	65
2023	0.233	0.117	88	70
2024	0.205	0.124	85	59

30 rows

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