Canada (CAN) and Curaçao (CUW) Trade | The Observatory of Economic Complexity

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Canada (CAN) and Curaçao (CUW) Trade

2023

→

Exports $8.23MRnk 158 / 215

2023

→

Top Product $991kAircraft parts (gliders, balloons, and powered aircraft)

2023

→

Exports $62kRnk 45 / 97

2023

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Top Product $13.3kBroadcasting Accessories

2023

Economic Complexity (ECI) ECI 0.9Rnk 30 / 132

2023

GDP$2.14TCURRENT US$
Rnk 10 / 195

2013-2023

GDP GROWTH16%CURRENT US$
Rnk 150 / 195

2023

GDP$3.28BCURRENT US$
Rnk 167 / 195

2013-2023

GDP GROWTH8.17%CURRENT US$
Rnk 160 / 195

2023

GDP PC $53,431CURRENT US$
Rnk 22 / 195

2013-2023

GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

2023

GDP PC$22,192CURRENT US$
Rnk 57 / 196

2013-2023

GDP PC GROWTH12.5%CURRENT US$
Rnk 126 / 195

Image 1

Image by paul bica
Link: https://flic.kr/p/59wAvs

Image 2

Image by Gail Frederick
Link: https://flic.kr/p/63cn6Q

Latest Trends
Historical Data
Economic Complexity

About

Canada-Curaçao Trade: In 2023, Canada exported $8.23M to Curaçao. The main products that Canada exported to Curaçao were Aircraft parts (gliders, balloons, and powered aircraft) ($991k), Refrigerators ($773k), and Navigation Equipment ($756k). Over the past 5 years the exports of Canada to Curaçao have decreased at an annualized rate of 7.14%, from $11.9M in 2018 to $8.23M in 2023.

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

Curaçao-Canada Trade: In 2023, Curaçao exported $62k to Canada. The main products that Curaçao exported to Canada were Broadcasting Accessories ($13.3k), Self-adhesive Plastics ($11.9k), and Perfumes ($10.5k). Over the past 5 years the exports of Curaçao to Canada have decreased at an annualized rate of 35.7%, from $565k in 2018 to $62k in 2023.

In 2023, Curaçao 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, Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$1.4M and imported C$21.7k from Curaçao, resulting in a positive trade balance of C$1.38M. Between November 2023 and November 2024 the exports of Canada have increased by C$397k (39.7%) from C$1M to C$1.4M, while imports decreased by C$-11.6k (-34.8%) from C$33.3k to C$21.7k.

Trade In November 2024, the top exports of Canada to Curaçao were Other Frozen Vegetables (C$99k), Flavored Water (C$38k), Scented Mixtures (C$30.4k), Newsprint (C$27.8k), and Forage Crops (C$24.8k). In November 2024 the top imports of Canada from Curaçao were Electrical Resistors (C$809), Electrical Lighting and Signalling Equipment (C$163), Live Fish (C$107), and Party Decorations (C$67).

Origins In November 2024 the exports of Canada were mainly from Ontario (C$767k), Quebec (C$259k), Nova Scotia (C$235k), Prince Edward Is. (C$65k), and New Brunswick (C$42.9k), while imports destinations were mainly Ontario (C$21.7k).

Growth In November 2024, the increase in Canada's year-by-year exports to Curaçao was explained primarily by an increase in product exports in Other Frozen Vegetables (C$27.5k or 38.4%), Machinery Having Individual Functions (C$16.3k or 340%), and Aircraft parts for spacecraft, UAVs, and... (C$11.8k or 1.43k%). In November 2024, the decrease in Canada's year-by-year imports from Curaçao was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (November 2023 - November 2024)C$397k(39.7%)

IMPORT GROWTH (November 2023 - November 2024)C$-11.6k(-34.8%)

MAIN EXPORTER (November 2024)OntarioC$767k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Curaçao and Canada trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Canada exported $8.23M to Curaçao. The main products exported from Canada to Curaçao were Aircraft parts (gliders, balloons, and powered aircraft) ($991k), Refrigerators ($773k), and Navigation Equipment ($756k). During the last 5 years the exports of Canada to Curaçao have decreased at an annualized rate of 7.14%, from $11.9M in 2018 to $8.23M in 2023.

In 2018, Curaçao exported $62k to Canada. The main products exported from Curaçao to Canada were Broadcasting Accessories ($13.3k), Self-adhesive Plastics ($11.9k), and Perfumes ($10.5k). During the last 5 years the exports of Curaçao to Canada have decreased at an annualized rate of 35.7%, from $565k in 2023 to $62k in 2018.

Exports from Canada () to Curaçao () (2023)

Exports from Curaçao () to Canada () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$410B

Curaçao
Top DestinationArmenia$212M

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

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

In 2023, countries that imported more from Curaçao than Canada included Armenia ($212M) and Montserrat ($535k).

Difference in imports from Curaçao () and Canada () (2023)

Comparative Advantage Canada - Curaçao

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Canada had a large net trade with Curaçao in the exports of Machines ($2.79M), Transportation ($1.02M), and Animal Products ($1.01M).

During 2018, Curaçao had a large net trade with Canada in the exports of Machines ($22.2k), Chemical Products ($18.1k), and Plastics and Rubbers ($12k).

Economic Complexity

Competitive Landscape

Year

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

Product Space of Canada () and Curaçao () (2023)

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