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Pricing

2022
Flag → Flag
Exports $9.28MRnk 165 / 222
2022
Flag → Flag
Top Product $745kRolled Tobacco
2022
Flag → Flag
Exports $11.1MRnk 7 / 84
2022
Flag → Flag
Top Product $5.98MRefined Petroleum
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
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-Curaçao Trade: In 2022, Belgium exported $9.28M to Curaçao. The main products that Belgium exported to Curaçao were Rolled Tobacco ($745k), Milk ($679k), and Aluminium Bars ($658k). Over the past 5 years the exports of Belgium to Curaçao have increased at an annualized rate of 3.87%, from $7.67M in 2017 to $9.28M in 2022.

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

Curaçao-Belgium Trade: In 2022, Curaçao exported $11.1M to Belgium. The main products that Curaçao exported to Belgium were Refined Petroleum ($5.98M), Coal Tar Oil ($4.7M), and Recreational Boats ($208k). Over the past 5 years the exports of Curaçao to Belgium have increased at an annualized rate of 95.9%,  from $386k in 2017 to $11.1M in 2022.

In 2022, Curaçao 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, Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €437k and imported €910 from Curaçao, resulting in a positive trade balance of €437k. Between July 2023 and July 2024 the exports of Belgium have decreased by €-163k (-27.1%) from €600k to €437k, while imports increased by €730 (406%) from €180 to €910.

Trade In July 2024, the top exports of Belgium to Curaçao were Plastics & articles thereof (€163k), Preparations of vegetables, fruit, nuts or... (€145k), Tobacco & substitutes (€135k), Edible products of animal origin, n.e.s. (€62.3k), and Glass & glassware (€44.2k). In July 2024 the top imports of Belgium from Curaçao were Cars, tractors, trucks & parts thereof. (€15k), Pharmaceutical products (€318), and Mineral fuels, mineral oils and products... (€0).

Growth In July 2024, the decrease in Belgium's year-by-year exports to Curaçao was explained primarily by an decrease in product exports in Beverages, spirits, & vinegar (€-112k or -79.8%), Edible products of animal origin, n.e.s. (€-72.4k or -53.8%), and Coffee, tea, mate & spices (€-54.4k or -67.6%). In June 2024, the increase in Belgium's year-by-year imports  from Curaçao was explained primarily by an increase in product imports  in Pharmaceutical products (€255 or 405%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-163k(-27.1%)
IMPORT GROWTH (June 2023 - June 2024)€730(406%)

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 Curaçao and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Curaçao and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $9.28M to Curaçao. The main products exported from Belgium to Curaçao were Rolled Tobacco ($745k), Milk ($679k), and Aluminium Bars ($658k). During the last 5 years the exports of Belgium to Curaçao have increased at an annualized rate of 3.87%, from $7.67M in 2017 to $9.28M in 2022.

In 2017, Curaçao exported $11.1M to Belgium. The main products exported from Curaçao to Belgium were Refined Petroleum ($5.98M), Coal Tar Oil ($4.7M), and Recreational Boats ($208k). During the last 5 years the exports of Curaçao to Belgium have increased at an annualized rate of 95.9%, from $386k in 2022 to $11.1M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Curaçao
Top DestinationUnited States$43.3M

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

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

In 2022, countries that imported more from Curaçao than Belgium included Aruba ($15.7M), Grenada ($3.02M), and Montserrat ($620k).

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

Comparative Advantage Belgium - Curaçao

Flow
Scale

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

During 2022, Belgium had a large net trade with Curaçao in the exports of Foodstuffs ($2.66M), Animal Products ($1.16M), and Metals ($1.11M).

During 2017, Curaçao had a large net trade with Belgium in the exports of Mineral Products ($10.7M), Transportation ($234k), and Machines ($210k).

Economic Complexity

Competitive Landscape

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

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

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