2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Aruba-Italy Trade: In 2022, Aruba exported $87.3k to Italy. The main products that Aruba exported to Italy were Trunks and Cases ($25.5k), Textile Footwear ($21.4k), and Leather Footwear ($12.1k). Over the past 5 years the exports of Aruba to Italy have increased at an annualized rate of 61.4%, from $7.98k in 2017 to $87.3k in 2022.

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

Italy-Aruba Trade: In 2022, Italy exported $66.3M to Aruba. The main products that Italy exported to Aruba were Refined Petroleum ($52.6M), Wine ($1.49M), and Jewellery ($1.47M). Over the past 5 years the exports of Italy to Aruba have increased at an annualized rate of 12%,  from $6.13M in 2017 to $66.3M in 2022.

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

Comparison In 2022,  Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Aruba exported $87.3k to Italy. The main products exported from Aruba to Italy were Trunks and Cases ($25.5k), Textile Footwear ($21.4k), and Leather Footwear ($12.1k). During the last 5 years the exports of Aruba to Italy have increased at an annualized rate of 61.4%, from $7.98k in 2017 to $87.3k in 2022.

In 2017, Italy exported $66.3M to Aruba. The main products exported from Italy to Aruba were Refined Petroleum ($52.6M), Wine ($1.49M), and Jewellery ($1.47M). During the last 5 years the exports of Italy to Aruba have increased at an annualized rate of 12%, from $6.13M in 2022 to $66.3M in 2017.

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

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

Latest Data

Trade between Aruba (Flag) and Italy (Flag)

Aruba Exports

Italy Exports

Market Competitiveness

Color
Aruba
Top Destination
Colombia$49M
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Aruba than Italy included Curaçao ($5.8M).

In 2022, countries that imported more from Italy than Aruba included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Aruba - Italy

Flow
Scale

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

During 2022, Aruba had a large net trade with Italy in the exports of Footwear and Headwear ($33.5k), Animal Hides ($25.5k), and Textiles ($22.5k).

During 2017, Italy had a large net trade with Aruba in the exports of Mineral Products ($52.8M), Foodstuffs ($2.69M), and Stone And Glass ($2.2M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with