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Pricing

2022
Flag → Flag
Exports $7.67MRnk 165 / 222
2022
Flag → Flag
Top Product $745kRolled Tobacco
2022
Flag → Flag
Exports $386kRnk 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
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-Curaçao Trade: In 2022, Belgium exported $7.67M 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 decreased at an annualized rate of 9.73%, from $12.8M in 2017 to $7.67M in 2022.

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

Curaçao-Belgium Trade: In 2022, Curaçao exported $386k 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 decreased at an annualized rate of 59.1%,  from $33.9M in 2017 to $386k 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

March, 2024

About

Overview In March 2024, Belgium exported €558k and imported €78 from Curaçao, resulting in a positive trade balance of €558k. Between March 2023 and March 2024 the exports of Belgium have decreased by €-88.5k (-13.7%) from €647k to €558k, while imports decreased by €-292 (-78.9%) from €370 to €78.

Trade In March 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 March 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 March 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 February 2024, the decrease in Belgium's year-by-year imports  from Curaçao was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)€-88.5k(-13.7%)
IMPORT GROWTH (February 2023 - February 2024)€-292(-78.9%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $7.67M 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 decreased at an annualized rate of 9.73%, from $12.8M in 2017 to $7.67M in 2022.

In 2017, Curaçao exported $386k 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 6 years the exports of Curaçao to Belgium have decreased at an annualized rate of 59.1%, from $33.9M in 2011 to $386k 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).

Potential Exports

Potential Exports

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