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2023
Flag → Flag
Exports $16.7kRnk 59 / 97
2023
Flag → Flag
Top Product $16.3kCarbonates
2023
Flag → Flag
Exports $417kRnk 85 / 149
2023
Flag → Flag
Top Product $322kRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$3.28BCURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP GROWTH8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
 GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 195
2023
Flag
GDP PC $22,192CURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP PC GROWTH12.5%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC$2,613CURRENT US$
Rnk 145 / 196
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 195

About

Curaçao-Nicaragua Trade: In 2023, Curaçao exported $16.7k to Nicaragua. The main products that Curaçao exported to Nicaragua were Carbonates ($16.3k) and Oscilloscopes ($426). Over the past 5 years the exports of Curaçao to Nicaragua have decreased at an annualized rate of 79.4%, from $45M in 2018 to $16.7k in 2023.

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

Nicaragua-Curaçao Trade: In 2023, Nicaragua exported $417k to Curaçao. The main products that Nicaragua exported to Curaçao were Rolled Tobacco ($322k), Air Conditioners ($42.3k), and Soybean Oil ($27.4k). Over the past 5 years the exports of Nicaragua to Curaçao have decreased at an annualized rate of 2.68%,  from $739k in 2018 to $417k in 2023.

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

Comparison In 2023,  Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Curaçao exported $16.7k to Nicaragua. The main products exported from Curaçao to Nicaragua were Carbonates ($16.3k) and Oscilloscopes ($426). During the last 5 years the exports of Curaçao to Nicaragua have decreased at an annualized rate of 79.4%, from $45M in 2018 to $16.7k in 2023.

In 2018, Nicaragua exported $417k to Curaçao. The main products exported from Nicaragua to Curaçao were Rolled Tobacco ($322k), Air Conditioners ($42.3k), and Soybean Oil ($27.4k). During the last 5 years the exports of Nicaragua to Curaçao have decreased at an annualized rate of 2.68%, from $739k in 2023 to $417k in 2018.

Exports from Curaçao (Flag) to Nicaragua (Flag) (2023)

Exports from Nicaragua (Flag) to Curaçao (Flag) (2023)

Latest Data

Trade between Curaçao (Flag) and Nicaragua (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Curaçao
Top DestinationArmenia$212M
Nicaragua
Top DestinationUnited States$4.38B

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

In 2023, countries that imported more from Curaçao than Nicaragua included Armenia ($212M), Guyana ($19.8M), and Saudi Arabia ($7.95M).

In 2023, countries that imported more from Nicaragua than Curaçao included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

Difference in imports from Nicaragua (Flag) and Curaçao (Flag) (2023)

Comparative Advantage Curaçao - Nicaragua

Flow
Scale

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

During 2023, Curaçao had a large net trade with Nicaragua in the exports of Chemical Products ($16.3k) and Instruments ($426).

During 2018, Nicaragua had a large net trade with Curaçao in the exports of Foodstuffs ($322k), Machines ($42.3k), and Animal and Vegetable Bi-Products ($31.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Curaçao (Flag) and Nicaragua (Flag) (2023)

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