Trade Trend

In 2023, Aruba's total export value is 110.80Million USD, total import value is 1.53Billion USD, Deficit is -1.42Billion USD. In 2023，Aruba's top export products are Cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substitutes(58.31Million USD), Ethyl alcohol, undenatured; of an alcoholic strength by volume of less than 80% volume; spirits, liqueurs and other spirituous beverages(11.57Million USD), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(7.48Million USD), top export destinations are Colombia(49.30Million USD), None(30.05Million USD), United States(17.53Million USD). In 2023, Aruba's top import products are 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(89.76Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(76.05Million USD), Cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substitutes(64.14Million USD), top import origins are United States(773.83Million USD), None(334.07Million USD), Netherlands(178.24Million USD).

Comparing to 2022, Aruba's total export value increased 5.51Million USD(5.24%) in 2023, this could result from its export increases of products such as Cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substitutes(7.25Million USD or 14.20%), Ferrous waste and scrap; remelting scrap ingots of iron or steel(1.90Million USD or 44.87%), Waters, including mineral and aerated waters, containing added sugar or sweetening matter, flavoured; other nonalcoholic beverages, not including fruit, nut or vegetable juices of heading no. 2009(1.01Million USD or 55.45%) and export increases to countries/economics such as None(18.28Million USD or 155.40%), Colombia(330.00Thousands USD or 0.67%), Panama(-505.00Thousands USD or -18.93%). Comparing to 2022, Aruba's total import value increased 63.02Million USD(4.28%) in 2023, this could result from its import increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(27.36Million USD or 56.20%), Track suits, swimwear and other garments (not knitted or crocheted)(8.01Million USD or 89.76%), Structures of iron or steel and parts thereof; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures(7.76Million USD or 72.01%), and its import increases from countries/economies such as None(120.80Million USD or 56.64%), United States(32.56Million USD or 4.39%), North Korea(-3.29Million USD or -11.47%).