2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Aruba Trade: In 2022, Italy exported $66.3M to Aruba. The main products that Italy exported to Aruba were Refined Petroleum ($52.6M), Wine ($1.49M), and Jewellery ($1.47M). Over the past 5 years the exports of Italy to Aruba have increased at an annualized rate of 61%, from $6.13M in 2017 to $66.3M in 2022.

In 2022, Italy did not export any services to Aruba.

Aruba-Italy Trade: In 2022, Aruba exported $87.3k to Italy. The main products that Aruba exported to Italy were Trunks and Cases ($25.5k), Textile Footwear ($21.4k), and Leather Footwear ($12.1k). Over the past 5 years the exports of Aruba to Italy have increased at an annualized rate of 61.4%,  from $7.98k in 2017 to $87.3k in 2022.

In 2022, Aruba did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $66.3M to Aruba. The main products exported from Italy to Aruba were Refined Petroleum ($52.6M), Wine ($1.49M), and Jewellery ($1.47M). During the last 5 years the exports of Italy to Aruba have increased at an annualized rate of 61%, from $6.13M in 2017 to $66.3M in 2022.

In 2017, Aruba exported $87.3k to Italy. The main products exported from Aruba to Italy were Trunks and Cases ($25.5k), Textile Footwear ($21.4k), and Leather Footwear ($12.1k). During the last 5 years the exports of Aruba to Italy have increased at an annualized rate of 61.4%, from $7.98k in 2022 to $87.3k in 2017.

Exports from Italy (Flag) to Aruba (Flag) (2022)

Exports from Aruba (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Aruba
Top Destination
Colombia$49M

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

In 2022, countries that imported more from Italy than Aruba included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Aruba than Italy included Curaçao ($5.8M).

Difference in imports from Aruba (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Aruba

Flow
Scale

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

During 2022, Italy had a large net trade with Aruba in the exports of Mineral Products ($52.8M), Foodstuffs ($2.69M), and Stone And Glass ($2.2M).

During 2017, Aruba had a large net trade with Italy in the exports of Footwear and Headwear ($33.5k), Animal Hides ($25.5k), and Textiles ($22.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Aruba (Flag) (2022)

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