Country exposure · GI

Gibraltar
Europe · Gibraltar · parliamentary democracy (Parliament); self-governing overseas territory of the UK
What Gibraltar means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$692K
U.S. imports, 2025
+60.6%
change in one year
$112M
U.S. exports, 2025
30K
Population
$2.0B
GDP
In your house
What you buy that Gibraltar makes
America bought $692K in goods from Gibraltar in 2025 — up 60.6% in a single year. Of every $100 of it, here's where the money went.
U.s. goods returned, and reimports
Numismatic coins
Minimum value shipments
Apparel,household goods-nontextile
leather goods and accessories
Other parts and accessories of vehicles
car parts and accessories
Industrial machines, other
Computers
laptops, desktops, monitors
Cell phones and other household goods, n.e.c.
cell phones and home electronics
2026 so far (through April): $16K in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Gibraltar
$112M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Minimum value shipments
$56MFuel oil
$31MNatural gas liquids
$18MPetroleum products, other
$3MMarine engines, parts
$1MLaboratory testing instruments
$867KTelecommunications equipment
$520Kphones, routers, networking gear
Furniture, household goods, etc.
$415Kfurniture, mattresses, lamps
Jewelry, etc.
$399Kjewelry
Where you stand
U.S. tariff posture toward Gibraltar
No U.S. tariff action singles this country out. Its goods face the universal 10% temporary import surcharge under Section 122 of the Trade Act (which replaced the IEEPA reciprocal baseline in February 2026) plus the sectoral Section 232 duties — steel and aluminum at 50% — that apply to all countries. The Section 122 surcharge is statutorily temporary — scheduled to lapse on or about July 23, 2026 (a 150-day cap) unless extended or replaced.
Reciprocal tariff (universal baseline)
10%
The universal 10% floor — a Section 122 import surcharge since February 2026, previously the EO 14257 reciprocal baseline — applies to nearly all U.S. imports. This country has no higher assigned rate of its own.
Policy in motion
Tariff status: a moving target
No U.S. tariff action names Gibraltar. These are the universal measures — applied to every country without a country-specific arrangement — that set its treatment.
2026-04-06
Section 232 metals coverage expanded
In effectThe April 2026 proclamation strengthening Section 232 actions on aluminum, steel, and copper expanded derivative-product coverage for all countries, keeping the general metals rate at 50%.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122 surcharge
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including the EO 14257 reciprocal baseline — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them, leaving the universal rate unchanged at 10% on a different statutory basis. Section 122 caps such surcharges at 150 days, so this 10% surcharge is scheduled to lapse on or about July 23, 2026 absent further action (the administration has signaled it could raise the rate toward the 15% statutory maximum).
91 FR 9437 →2025-11-13
Agricultural products exempted from reciprocal tariffs
In effectExecutive Order 14360 of November 14, 2025 removed reciprocal duties from certain agricultural products listed in its annexes (coffee, cocoa, bananas, and other goods the U.S. does not produce in sufficient quantity), retroactive to November 13, 2025 — for all countries subject to the reciprocal tariff.
90 FR 54091 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% for all countries, effective June 4, 2025.
90 FR 24199 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, effective April 5, 2025. Countries without a higher Annex I rate remain at this baseline.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum duties set at 25% for all countries
In effectProclamations of February 10, 2025 terminated all country exemptions and quota arrangements and applied 25% Section 232 duties to steel and aluminum imports from every country, effective March 12, 2025.
90 FR 9817 →
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
Spain reluctantly ceded the strategically important Gibraltar to Great Britain in the 1713 Treaty of Utrecht, and the British garrison at Gibraltar was formally declared a colony in 1830. In a referendum held in 1967, Gibraltarians voted overwhelmingly to remain a British dependency. After the UK granted Gibraltar autonomy in 1969, Spain closed the border and severed all communication links. Between 1997 and 2002, the UK and Spain held a series of talks on establishing temporary joint sovereignty over Gibraltar. In response to these talks, the Gibraltar Government called a referendum in 2002 in which the majority of citizens voted overwhelmingly against sharing sovereignty with Spain. Since 2004, Spain, the UK, and Gibraltar have held tripartite talks to resolve problems that affect the local population, and work continues on cooperation agreements in areas such as taxation and financial services, communications and maritime security, legal and customs services, environmental protection, and education and visa services. A new noncolonial constitution came into force in 2007, and the European Court of First Instance recognized Gibraltar's right to regulate its own tax regime in 2008. The UK retains responsibility for defense, foreign relations, internal security, and financial stability. Spain and the UK continue to spar over the territory. In 2009, for example, a dispute over Gibraltar's claim to territorial waters extending out three miles gave rise to periodic non-violent maritime confrontations between Spanish and UK naval patrols. Spain renewed its demands for an eventual return of Gibraltar to Spanish control after the UK’s 2016 vote to leave the EU, but London has dismissed any connection between the vote and its sovereignty over Gibraltar.

Geography
- Location
- Southwestern Europe, bordering the Strait of Gibraltar, which links the Mediterranean Sea and the North Atlantic Ocean, on the southern coast of Spain
- Area
- 7 sq km
- Climate
- Mediterranean with mild winters and warm summers
- Terrain
- a narrow coastal lowland borders the Rock of Gibraltar
- Natural resources
- none
- Coastline
- 12 km
- Natural hazards
- occasional droughts; no streams or large bodies of water on the peninsula (all potable water comes from desalination)
People & society
- Population
- 29,733 (2025 est.)
- Nationality
- Gibraltarian(s)
- Ethnic groups
- Gibraltarian 79%, other British 13.2%, Spanish 2.1%, Moroccan 1.6%, other EU 2.4%, other 1.6% (2012 est.)
- Languages
- English (used in schools and for official purposes), Spanish, Italian, Portuguese
- Religions
- Roman Catholic 72.1%, Church of England 7.7%, other Christian 3.8%, Muslim 3.6%, Jewish 2.4%, Hindu 2%, other 1.1%, none 7.1%, unspecified 0.1% (2012 est.)
- Median age
- 37.1 years (2025 est.)
- Life expectancy at birth
- 80.9 years (2024 est.)
Economy
- Economic overview
- British territorial high-income economy; Brexit caused significant economic disruption to longstanding financial services, shipping, and tourism industries; ongoing negotiations to rejoin EU Schengen Area; independent taxation authority
- Industries
- tourism, banking and finance, ship repairing, tobacco
- Agricultural products
- none
- Exports - partners
- Netherlands 38%, France 26%, Cyprus 7%, Poland 7%, Sweden 6% (2023)
- Imports - partners
- Italy 26%, Greece 12%, Spain 10%, Netherlands 9%, India 9% (2023)
Government
- Government type
- parliamentary democracy (Parliament); self-governing overseas territory of the UK
- Capital
- Gibraltar
- Independence
- none (overseas territory of the UK)
- Constitution
- previous 1969; latest passed by referendum 30 November 2006, entered into effect 14 December 2006, entered into force 2 January 2007
- Executive branch
- King CHARLES III (since 8 September 2022); represented by Governor Sir David STEEL (since 11 June 2020)
- Legislative branch
- Parliament
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
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Page last updated: Wednesday, July 20, 2022