Data Source:Central Bureau of Statistics Curacao

Total Import/Export (2023|USD)296.74 million | 1.174 billion

Top Import Product (2023)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

Top Export Product (2023)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

Top Net Export Product (2023)Diamonds, whether or not worked, but not mounted or set

Top Export Destination (2023)United States

Top Import Origin (2023)Armenia

Top Export Gain Index Products (2023)Railway or tramway track constructions of iron or steel; rails, check and track rails, switch blades, crossing frogs, point rods, sleepers, fishplates, chair wedges, sole plates, bedplates, ties and the like

Average Export Gain Index Ranking (2022)95

GDP/Capita Ranking (2023)70

Countries with Highest Product Space Overlap (2022)Latvia

Trade Trend

In 2023, Curacao's total export value is 325.16Million USD, total import value is 1.16Billion USD, Deficit is -834.77Million USD. In 2023Curacao's top export products are Diamonds, whether or not worked, but not mounted or set(68.78Million USD), 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(44.60Million USD), Petroleum oils and oils obtained from bituminous minerals; crude(30.41Million USD), top export destinations are Armenia(163.26Million USD), United States(70.95Million USD), Guyana(19.71Million USD). In 2023, Curacao'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(239.31Million 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(39.99Million USD), None(30.02Million USD), top import origins are United States(500.49Million USD), Netherlands(301.08Million USD), Colombia(60.57Million USD).

Comparing to 2022, Curacao's total export value increased 121.09Million USD(59.34%) in 2023, this could result from its export increases of products such as Diamonds, whether or not worked, but not mounted or set(67.77Million USD or 6.75Thousands%), Petroleum oils and oils obtained from bituminous minerals; crude(30.41Million USD or 6.60Million%), Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(11.74Million USD or 2.33Thousands%) and export increases to countries/economics such as United States(19.73Million USD or 38.51%), Costa Rica(11.52Million USD or 13.36Thousands%), Guyana(9.20Million USD or 87.44%). Comparing to 2022, Curacao's total import value decreased -5.71Million USD(-0.49%) in 2023, this could result from its import decreases of products such as Machinery parts; not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in this chapter(-13.63Million USD or -89.48%), Commodities not specified according to kind(-9.35Million USD or -39.28%), Customized software, test reports, blueprints and similar items (for export only)(-8.99Million USD or -99.70%), and its import decreases from countries/economies such as Spain(-16.47Million USD or -58.48%), Switzerland(-9.23Million USD or -77.25%), United States(-6.78Million USD or -1.34%).

Cumulated to first 7 months of 2024, Curacao's total export value is 88.01Million USD, total import value is 634.30Million USD, and tradedeficit is -546.29Million USD. Cumulated to first 7 months of 2024, Curacao's top export products are Diamonds, whether or not worked, but not mounted or set(21.70Million USD), 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(19.24Million USD), Commodities not specified according to kind(5.75Million USD), and top export destinations are Armenia(43.38Million USD), United States(15.30Million USD), Costa Rica(15.07Million USD). Cumulated to first 7 months of 2024, Curacao's top import products are Diamonds, whether or not worked, but not mounted or set(21.70Million USD), 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(19.24Million USD), Commodities not specified according to kind(5.75Million USD), and top import origins areUnited States(344.30Million USD), Netherlands(139.18Million USD), China(24.83Million USD).

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