2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Bonaire Trade: In 2023, United Kingdom exported $8.83M to Bonaire. The main products that United Kingdom exported to Bonaire were Hard Liquor ($2.3M), Beer ($1.45M), and Cars ($1.04M). Over the past 5 years the exports of United Kingdom to Bonaire have decreased at an annualized rate of 0.13%, from $8.89M in 2018 to $8.83M in 2023.

In 2023, United Kingdom did not export any services to Bonaire.

Bonaire-United Kingdom Trade: In 2023, Bonaire exported $790k to United Kingdom. The main products that Bonaire exported to United Kingdom were Other Fermented Beverages ($414k), Flavored Water ($128k), and Liquid Pumps ($117k). Over the past 5 years the exports of Bonaire to United Kingdom have increased at an annualized rate of 8.73%,  from $372k in 2018 to $790k in 2023.

In 2023, Bonaire did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $8.83M to Bonaire. The main products exported from United Kingdom to Bonaire were Hard Liquor ($2.3M), Beer ($1.45M), and Cars ($1.04M). During the last 5 years the exports of United Kingdom to Bonaire have decreased at an annualized rate of 0.13%, from $8.89M in 2018 to $8.83M in 2023.

In 2018, Bonaire exported $790k to United Kingdom. The main products exported from Bonaire to United Kingdom were Other Fermented Beverages ($414k), Flavored Water ($128k), and Liquid Pumps ($117k). During the last 5 years the exports of Bonaire to United Kingdom have increased at an annualized rate of 8.73%, from $372k in 2023 to $790k in 2018.

Exports from United Kingdom (Flag) to Bonaire (Flag) (2023)

Exports from Bonaire (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Bonaire
Top Destination
Netherlands$39.1M

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

In 2023, countries that imported more from United Kingdom than Bonaire included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Bonaire (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Bonaire

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Bonaire in the exports of Foodstuffs ($4.49M), Transportation ($1.22M), and Machines ($944k).

During 2018, Bonaire had a large net trade with United Kingdom in the exports of Foodstuffs ($550k), Machines ($120k), and Textiles ($76.1k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Bonaire (Flag) (2023)

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