2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Canada-Bonaire Trade: In 2023, Canada exported $342M to Bonaire. The main products that Canada exported to Bonaire were Refined Petroleum ($341M), Semiconductor Devices ($46.5k), and Light Fixtures ($42.2k). Over the past 5 years the exports of Canada to Bonaire have increased at an annualized rate of 34%, from $79.2M in 2018 to $342M in 2023.

In 2023, Canada did not export any services to Bonaire.

Bonaire-Canada Trade: In 2023, Bonaire exported $302 to Canada. The main products that Bonaire exported to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($105), Insulated Wire ($76), and Metal Mountings ($67). Over the past 5 years the exports of Bonaire to Canada have decreased at an annualized rate of 59%,  from $26.2k in 2018 to $302 in 2023.

In 2023, Bonaire did not export any services to Canada.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Bonaire ranked 203 in total exports ($52.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $342M to Bonaire. The main products exported from Canada to Bonaire were Refined Petroleum ($341M), Semiconductor Devices ($46.5k), and Light Fixtures ($42.2k). During the last 5 years the exports of Canada to Bonaire have increased at an annualized rate of 34%, from $79.2M in 2018 to $342M in 2023.

In 2018, Bonaire exported $302 to Canada. The main products exported from Bonaire to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($105), Insulated Wire ($76), and Metal Mountings ($67). During the last 5 years the exports of Bonaire to Canada have decreased at an annualized rate of 59%, from $26.2k in 2023 to $302 in 2018.

Exports from Canada (Flag) to Bonaire (Flag) (2023)

Exports from Bonaire (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Bonaire
Top Destination
Netherlands$39.1M

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

In 2023, countries that imported more from Canada than Bonaire included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, no countries were registered that imported more from Bonaire than from Canada.

Difference in imports from Bonaire (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Bonaire

Flow
Scale

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

During 2023, Canada had a large net trade with Bonaire in the exports of Mineral Products ($341M), Machines ($108k), and Miscellaneous ($52.4k).

During 2018, Bonaire had a large net trade with Canada in the exports of Transportation ($105), Machines ($77), and Metals ($67).

Economic Complexity

Competitive Landscape

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

Product Space of Canada (Flag) and Bonaire (Flag) (2023)

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