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

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Pricing

Canada (CAN) and Curaçao (CUW) Trade

2022

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Exports $7.79MRnk 156 / 215

2022

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About

Canada-Curaçao In 2022, Canada exported $7.79M to Curaçao. The main products that Canada exported to Curaçao are LCDs ($1.05M), Aircraft Parts ($659k), and Newsprint ($510k). During the last 11 years the exports of Canada to Curaçao have decreased at an annualized rate of 22.7%, from $132M in 2011 to $7.79M in 2022.

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

Curaçao-Canada In 2022, Curaçao exported $47.2k to Canada. The main products that Curaçao exported to Canada were Integrated Circuits ($13.4k), Surveying Equipment ($9.18k), and Aircraft Parts ($7.89k). During the last 11 years the exports of Curaçao to Canada have decreased at an annualized rate of 42.8%, from $22.2M in 2011 to $47.2k in 2022.

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

Comparison In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$1.17M and imported C$7.28k from Curaçao, resulting in a positive trade balance of C$1.17M. Between January 2023 and January 2024 the exports of Canada have increased by C$856k (269%) from C$318k to C$1.17M, while imports increased by C$6.14k (535%) from C$1.15k to C$7.28k.

Trade In January 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 January 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 January 2024 the exports of Canada were mainly from Quebec (C$744k), Alberta (C$286k), Prince Edward Is. (C$64.7k), New Brunswick (C$42k), and Ontario (C$35.8k), while imports destinations were mainly Ontario (C$7.28k).

Growth In January 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 including unmanned craft (C$11.8k or 1.43k%). In January 2024, the increase in Canada's year-by-year imports from Curaçao was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$856k(269%)

IMPORT GROWTH (January 2023 - January 2024)C$6.14k(535%)

MAIN EXPORTER (January 2024)QuebecC$744k

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 2022, Canada exported $7.79M to Curaçao. The main products exported from Canada to Curaçao were LCDs ($1.05M), Aircraft Parts ($659k), and Newsprint ($510k). During the last 11 years the exports of Canada to Curaçao have decreased at an annualized rate of 22.7%, from $132M in 2011 to $7.79M in 2022.

In 2022, Curaçao exported $47.2k to Canada. The main products exported from Curaçao to Canada were Integrated Circuits ($13.4k), Surveying Equipment ($9.18k), and Aircraft Parts ($7.89k). During the last 11 years the exports of Curaçao to Canada have decreased at an annualized rate of 42.8%, from $22.2M in 2011 to $47.2k in 2022.

Exports from Canada () to Curaçao () (2022)

Exports from Curaçao () to Canada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$438B

Curaçao
Top DestinationUnited States$43.3M

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 2021, countries that imported more from Canada than Curaçao were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Curaçao than Canada were Aruba ($15.7M).

Difference in imports from Curaçao () and Canada () (2022)

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 2022, Canada had a large net trade with Curaçao in the exports of Machines ($1.67M), Instruments ($1.52M), and Foodstuffs ($805k).

During 2022, Curaçao had a large net trade with Canada in the exports of Machines ($17.8k), Chemical Products ($10.3k), and Instruments ($9.18k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Canada has comparative advantage over Curaçao. Similarly, the more yellow a dot/product is, the more Curaçao has comparative advantage over Canada.

Product Space of Canada () and Curaçao () (2022)

Keep Exploring

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Cuba
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Curaçao

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