2023
Flag  
GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP
$3.28BCURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP GROWTH
8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
GDP PC 
$6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC
$22,192CURRENT US$
Rnk 57 / 196
2013-2023
Flag
GDP PC GROWTH
12.5%CURRENT US$
Rnk 126 / 195

About

Ecuador-Curaçao Trade: In 2023, Ecuador exported $15.5M to Curaçao. The main products that Ecuador exported to Curaçao were Refined Petroleum ($13.9M), Particle Board ($477k), and Cut Flowers ($312k). Over the past 5 years the exports of Ecuador to Curaçao have increased at an annualized rate of 54.4%, from $1.77M in 2018 to $15.5M in 2023.

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

Curaçao-Ecuador Trade: In 2023, Curaçao exported $1.6M to Ecuador. The main products that Curaçao exported to Ecuador were Fishing Ships ($1.52M), Recovered Paper ($14.9k), and Telephones ($14k). Over the past 5 years the exports of Curaçao to Ecuador have decreased at an annualized rate of 3.77%,  from $1.93M in 2018 to $1.6M in 2023.

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

Comparison In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85),  and 65 in total exports ($37.3B). That same year, Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $15.5M to Curaçao. The main products exported from Ecuador to Curaçao were Refined Petroleum ($13.9M), Particle Board ($477k), and Cut Flowers ($312k). During the last 5 years the exports of Ecuador to Curaçao have increased at an annualized rate of 54.4%, from $1.77M in 2018 to $15.5M in 2023.

In 2018, Curaçao exported $1.6M to Ecuador. The main products exported from Curaçao to Ecuador were Fishing Ships ($1.52M), Recovered Paper ($14.9k), and Telephones ($14k). During the last 5 years the exports of Curaçao to Ecuador have decreased at an annualized rate of 3.77%, from $1.93M in 2023 to $1.6M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$8.34B
Curaçao
Top Destination
Armenia$212M

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

In 2023, countries that imported more from Ecuador than Curaçao included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

In 2023, countries that imported more from Curaçao than Ecuador included Armenia ($212M), Guyana ($19.8M), and Grenada ($2.42M).

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

Comparative Advantage Ecuador - Curaçao

Flow
Scale

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

During 2023, Ecuador had a large net trade with Curaçao in the exports of Mineral Products ($13.9M), Wood Products ($488k), and Vegetable Products ($370k).

During 2018, Curaçao had a large net trade with Ecuador in the exports of Transportation ($1.52M), Machines ($52.7k), and Paper Goods ($14.9k).

Economic Complexity

Competitive Landscape

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

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

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