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2022
Flag → Flag
Exports $2.28MRnk 3 / 26
2022
Flag → Flag
Top Product $2.2MSalt
2022
Flag → Flag
Exports $755kRnk 190 / 222
2022
Flag → Flag
Top Product $170kUtility Meters
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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 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

Bonaire-Belgium Trade: In 2022, Bonaire exported $2.28M to Belgium. The main products that Bonaire exported to Belgium were Salt ($2.2M), Precious Metal Scraps ($84.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($185). Over the past 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 6.49%, from $3.2M in 2017 to $2.28M in 2022.

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

Belgium-Bonaire Trade: In 2022, Belgium exported $755k to Bonaire. The main products that Belgium exported to Bonaire were Utility Meters ($170k), Cars ($88.9k), and Coffee ($75.7k). Over the past 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.48%,  from $903k in 2017 to $755k in 2022.

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

Comparison In 2022,  Bonaire ranked 217 in total exports ($10.1M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bonaire exported $2.28M to Belgium. The main products exported from Bonaire to Belgium were Salt ($2.2M), Precious Metal Scraps ($84.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($185). During the last 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 6.49%, from $3.2M in 2017 to $2.28M in 2022.

In 2017, Belgium exported $755k to Bonaire. The main products exported from Belgium to Bonaire were Utility Meters ($170k), Cars ($88.9k), and Coffee ($75.7k). During the last 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.48%, from $903k in 2022 to $755k in 2017.

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

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

Latest Data

Trade between Bonaire (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Bonaire
Top DestinationFrance$4.33M
Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Bonaire than from Belgium.

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

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

Comparative Advantage Bonaire - Belgium

Flow
Scale

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

During 2022, Bonaire had a large net trade with Belgium in the exports of Mineral Products ($2.2M), Precious Metals ($84.6k), and Transportation ($185).

During 2017, Belgium had a large net trade with Bonaire in the exports of Instruments ($171k), Vegetable Products ($147k), and Foodstuffs ($118k).

Economic Complexity

Competitive Landscape

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

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

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