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Pricing

2022
Flag → Flag
Exports $3.5MRnk 177 / 222
2022
Flag → Flag
Top Product $857kOther Frozen Vegetables
2022
Flag → Flag
Exports $58.1kRnk 32 / 79
2022
Flag → Flag
Top Product $53.3kOther Organo-Inorganic Compounds
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-Aruba Trade: In 2022, Belgium exported $3.5M to Aruba. The main products that Belgium exported to Aruba were Other Frozen Vegetables ($857k), Orthopedic Appliances ($472k), and Milk ($440k). Over the past 5 years the exports of Belgium to Aruba have increased at an annualized rate of 10.7%, from $2.11M in 2017 to $3.5M in 2022.

In 2022, Belgium did not export any services to Aruba.

Aruba-Belgium Trade: In 2022, Aruba exported $58.1k to Belgium. The main products that Aruba exported to Belgium were Other Organo-Inorganic Compounds ($53.3k), Brochures ($1.95k), and Orthopedic Appliances ($1.12k). Over the past 5 years the exports of Aruba to Belgium have increased at an annualized rate of 15.4%,  from $28.4k in 2017 to $58.1k in 2022.

In 2022, Aruba did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Latest Trends

May, 2024

About

Overview In May 2024, Belgium exported €552k and imported €254 from Aruba, resulting in a positive trade balance of €551k. Between May 2023 and May 2024 the exports of Belgium have increased by €169k (44%) from €383k to €552k, while imports decreased by €-429 (-62.8%) from €683 to €254.

Trade In May 2024, the top exports of Belgium to Aruba were Iron or steel articles (€163k), Optical, photo, & film equipment; medical... (€73.8k), Preparations of vegetables, fruit, nuts or... (€61.4k), Electrical machinery and electronics (€25k), and Edible products of animal origin, n.e.s. (€21.7k). In May 2024 the top imports of Belgium from Aruba were Art & antiques (€210).

Growth In May 2024, the increase in Belgium's year-by-year exports to Aruba was explained primarily by an increase in product exports in Preparations of vegetables, fruit, nuts or... (€44.7k or 269%), Electrical machinery and electronics (€15.6k or 168%), and Beverages, spirits, & vinegar (€11.9k or 176%). In May 2024, the decrease in Belgium's year-by-year imports  from Aruba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)€169k(44%)
IMPORT GROWTH (May 2023 - May 2024)€-429(-62.8%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Aruba and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Aruba and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $3.5M to Aruba. The main products exported from Belgium to Aruba were Other Frozen Vegetables ($857k), Orthopedic Appliances ($472k), and Milk ($440k). During the last 5 years the exports of Belgium to Aruba have increased at an annualized rate of 10.7%, from $2.11M in 2017 to $3.5M in 2022.

In 2017, Aruba exported $58.1k to Belgium. The main products exported from Aruba to Belgium were Other Organo-Inorganic Compounds ($53.3k), Brochures ($1.95k), and Orthopedic Appliances ($1.12k). During the last 5 years the exports of Aruba to Belgium have increased at an annualized rate of 15.4%, from $28.4k in 2022 to $58.1k in 2017.

Exports from Belgium (Flag) to Aruba (Flag) (2022)

Exports from Aruba (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Aruba
Top DestinationColombia$49M

This map shows whether countries import more from Belgium or Aruba. Each country is colored based on the difference in imports they receive from Belgium and Aruba or the difference in the growth in imports.

In 2022, countries that imported more from Belgium than Aruba included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Aruba than Belgium included Bonaire ($1.48M).

Difference in imports from Aruba (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Aruba

Flow
Scale

This chart compares trade between Belgium and Aruba by product, considering products traded by both, Belgium and Aruba.

During 2022, Belgium had a large net trade with Aruba in the exports of Foodstuffs ($1.26M), Animal Products ($653k), and Instruments ($496k).

During 2017, Aruba had a large net trade with Belgium in the exports of Chemical Products ($53.3k), Paper Goods ($1.95k), and Instruments ($1.12k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Aruba+N/AN/A
Top Product Potential Aruba Belgium+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Aruba. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Aruba. Similarly, a dot/product with the flag of Aruba indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Aruba (Flag) (2022)

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