USA-Gibraltar Bilateral Trade Analysis 2023

Complete trade statistics: $186.56M total volume •USA surplus: $185.27M

USAGibraltar

$185.92M

Exports (2023)

GibraltarUSA

$647,512

Imports (2023)

Trade Balance

$185.27M

Surplus for USA

Total Trade

$186.56M

Combined Volume

Trade Flow Visualization

Direct trade relationship between USA and Gibraltar. Green line shows exports from USA, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Gibraltar commercial relationship and competitive positioning in global markets.

USAGibraltar Exports

$185.92M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
31.9% top product
1Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$59.33M
31.9% of exports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$45.12M
24.3% of exports
3Petroleum gases and other gaseous hydrocarbons: liquefied, propane
$35.86M
19.3% of exports
4Petroleum gases and other gaseous hydrocarbons: liquefied, butanes
$29.78M
16.0% of exports
5Insulated electric conductors: optical fibre cables
$6.21M
3.3% of exports

🎯 Strategic Export Focus

USA's export portfolio to Gibraltar demonstrates strategic specialization, with petroleum gases and other gaseous hydrocarbons: liquefied, natural gas representing a key competitive advantage in this bilateral market.

GibraltarUSA Imports

$647,512
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
57.9% concentration
1Sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather
$374,819
57.9% of imports
2Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$121,299
18.7% of imports
3Textiles: made up articles (including dress patterns), n.e.c. in chapter 63, n.e.c. in heading no. 6307
$39,148
6.0% of imports
4Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves
$28,001
4.3% of imports
5Lenses, contact: unmounted, of any material, excluding elements of glass not optically worked
$16,202
2.5% of imports

📦 Import Strategy Analysis

USA's import pattern from Gibraltar reveals significant dependencyin sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingpetroleum gases and other gaseous hydrocarbons: liquefied, natural gas to Gibraltar, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $186.56M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: USA-Gibraltar Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $186.56 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $185.27 million
  • Export Focus: USA's primary exports include petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, petroleum gases and other gaseous hydrocarbons: liquefied, propane
  • Import Dependencies: Key imports from Gibraltar include sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather, footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics, textiles: made up articles (including dress patterns), n.e.c. in chapter 63, n.e.c. in heading no. 6307

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $186.56M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

USA's specialization in petroleum gases and other gaseous hydrocarbons: liquefied, natural gascomplements Gibraltar's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $186.56M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $186.56M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $186.56 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas and sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

USA's trade surplus of $185.27 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils present expansion opportunities.
Market Diversification
Beyond current focus on sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between USA and Gibraltar represents a total trade volume of $186.56 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $185.27 million.

Export Strengths

USA's exports to Gibraltar total $185.92 million, with competitive advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, representing $59.33M or31.9% of bilateral exports.

Import Dependencies

Imports from Gibraltar amount to $647.51 thousand, highlighting economic interdependence in sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather, with Sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather comprising57.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023