2023
Flag  
GDP
$1.62TCURRENT US$
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2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
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2023
Flag
GDP PC 
$33,509CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
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About

Spain-Bonaire Trade: In 2023, Spain exported $1.08M to Bonaire. The main products that Spain exported to Bonaire were Recreational Boats ($276k), Unglazed Ceramics ($253k), and Other Agricultural Machinery ($231k). Over the past 5 years the exports of Spain to Bonaire have increased at an annualized rate of 45.8%, from $164k in 2018 to $1.08M in 2023.

In 2023, Spain did not export any services to Bonaire.

Bonaire-Spain Trade: In 2023, Bonaire exported $16.3k to Spain. The main products that Bonaire exported to Spain were Centrifuges ($5.19k), Electrical Transformers ($4.1k), and Other Plastic Products ($2.58k). Over the past 5 years the exports of Bonaire to Spain have increased at an annualized rate of 39%,  from $3.14k in 2018 to $16.3k in 2023.

In 2023, Bonaire did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Bonaire ranked 203 in total exports ($52.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $1.08M to Bonaire. The main products exported from Spain to Bonaire were Recreational Boats ($276k), Unglazed Ceramics ($253k), and Other Agricultural Machinery ($231k). During the last 5 years the exports of Spain to Bonaire have increased at an annualized rate of 45.8%, from $164k in 2018 to $1.08M in 2023.

In 2018, Bonaire exported $16.3k to Spain. The main products exported from Bonaire to Spain were Centrifuges ($5.19k), Electrical Transformers ($4.1k), and Other Plastic Products ($2.58k). During the last 5 years the exports of Bonaire to Spain have increased at an annualized rate of 39%, from $3.14k in 2023 to $16.3k in 2018.

Exports from Spain (Flag) to Bonaire (Flag) (2023)

Exports from Bonaire (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Bonaire
Top Destination
Netherlands$39.1M

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

In 2023, countries that imported more from Spain than Bonaire included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, no countries were registered that imported more from Bonaire than from Spain.

Difference in imports from Bonaire (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Bonaire

Flow
Scale

This chart compares trade between Spain and Bonaire by product, considering products traded by both, Spain and Bonaire.

During 2023, Spain had a large net trade with Bonaire in the exports of Stone And Glass ($412k), Machines ($276k), and Transportation ($276k).

During 2018, Bonaire had a large net trade with Spain in the exports of Machines ($11.8k), Plastics and Rubbers ($2.58k), and Paper Goods ($908).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Bonaire (Flag) (2023)

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