2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Curaçao-Norway Trade: In 2022, Curaçao exported $69.4k to Norway. The main products that Curaçao exported to Norway were Low-voltage Protection Equipment ($35.6k), Boat Propellers ($18.6k), and Machinery Having Individual Functions ($15.2k). Over the past 5 years the exports of Curaçao to Norway have decreased at an annualized rate of 27.6%, from $348k in 2017 to $69.4k in 2022.

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

Norway-Curaçao Trade: In 2022, Norway exported $919k to Curaçao. The main products that Norway exported to Curaçao were Engine Parts ($345k), Fish Fillets ($232k), and Electrical Control Boards ($74.8k). Over the past 5 years the exports of Norway to Curaçao have decreased at an annualized rate of 10.3%,  from $1.58M in 2017 to $919k in 2022.

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

Comparison In 2022,  Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $69.4k to Norway. The main products exported from Curaçao to Norway were Low-voltage Protection Equipment ($35.6k), Boat Propellers ($18.6k), and Machinery Having Individual Functions ($15.2k). During the last 5 years the exports of Curaçao to Norway have decreased at an annualized rate of 27.6%, from $348k in 2017 to $69.4k in 2022.

In 2017, Norway exported $919k to Curaçao. The main products exported from Norway to Curaçao were Engine Parts ($345k), Fish Fillets ($232k), and Electrical Control Boards ($74.8k). During the last 5 years the exports of Norway to Curaçao have decreased at an annualized rate of 10.3%, from $1.58M in 2022 to $919k in 2017.

Exports from Curaçao (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Curaçao (Flag) (2022)

Latest Data

Trade between Curaçao (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Curaçao than Norway included Aruba ($15.7M), Costa Rica ($40.8M), and Grenada ($3.02M).

In 2022, countries that imported more from Norway than Curaçao included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and Curaçao (Flag) (2022)

Comparative Advantage Curaçao - Norway

Flow
Scale

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

During 2022, Curaçao had a large net trade with Norway in the exports of Machines ($69.4k).

During 2017, Norway had a large net trade with Curaçao in the exports of Machines ($576k), Animal Products ($249k), and Foodstuffs ($53k).

Economic Complexity

Competitive Landscape

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

Product Space of Curaçao (Flag) and Norway (Flag) (2022)

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