Flag Germany / Aruba Flag

Exports FlagFlag  (2018): $53.8M, Rnk 146 / 216

Top Product FlagFlag (2018): $45.6M, Planes, Helicopters, and/or Spacecraft

Exports FlagFlag (2018): $78.3k, Rnk 28 / 57

Top Product FlagFlag (2018): $32.6k, Stone Processing Machines

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

Germany-Aruba: In 2018, Germany exported $53.8M to Aruba. The main products exported from Germany to Aruba were Planes, Helicopters, and/or Spacecraft ($45.6M), Rolled Tobacco ($918k), and Other Office Machines ($719k). During the last 23 years the exports of Germany to Aruba have increased at an annualized rate of 11.2%, from $4.71M in 1995 to $53.8M in 2018.

Aruba-Germany: In 2018, Aruba exported $78.3k to Germany. The main products exported from Aruba to Germany were Stone Processing Machines ($32.6k), Other Engines ($12.5k), and Revolution Counters ($9.33k). During the last 23 years the exports of Aruba to Germany have increased at an annualized rate of 13.8%, from $4k in 1995 to $78.3k in 2018.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Aruba ranked 173 in total exports ($199M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, while Aruba has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Germany exported $53.8M to Aruba. The main products exported from Germany to Aruba were Planes, Helicopters, and/or Spacecraft ($45.6M), Rolled Tobacco ($918k), and Other Office Machines ($719k). During the last 23 years the exports of Germany to Aruba have increased at an annualized rate of 11.2%, from $4.71M in 1995 to $53.8M in 2018.

In 2018, Aruba exported $78.3k to Germany. The main products exported from Aruba to Germany were Stone Processing Machines ($32.6k), Other Engines ($12.5k), and Revolution Counters ($9.33k). During the last 23 years the exports of Aruba to Germany have increased at an annualized rate of 13.8%, from $4k in 1995 to $78.3k in 2018.

Market Competitiveness

#permalink to section
Measure

Germany
Top Destination
: United States, $132B

Aruba
Top Destination
: Netherlands, $110M

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

In 2018, countries that imported more from Germany than Aruba were United States ($132B), France ($121B), and China ($109B).

In 2018, no countries were registered that imported more from Aruba than from Germany.

Comparative Advantage Germany - Aruba

#permalink to section
Depth

This chart compares trade between Germany and Aruba by product, considering products traded by both, Germany and Aruba.

During 2018, Germany had a large net trade with Aruba in the exports of Transportation ($46.2M), Machines ($3.01M), and Foodstuffs ($1.17M).

During 2018, Aruba had a large net trade with Germany in the exports of Machines ($51.2k), Instruments ($14.7k), and Miscellaneous ($6.02k).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between Germany and Aruba (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Aruba were Rice in the husk (paddy or rough) (46.5%) and Rice, semi-milled or wholly milled (28.3%).

In 2018, the products from Aruba that paid the highest import tariffs to enter Germany were Tobacco, unmanufactured, not stemmed or stripped (57%) and Tobacco, unmanufactured, stemmed or stripped (57%).

Explore Tariff Data

*The tariffs present between Germany and Aruba are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
283: Preferential tariff for Overseas Countries and Territories

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Germany and Aruba. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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