Flag Netherlands / Aruba Flag

Exports FlagFlag  (2018): $147M, Rnk 105 / 219

Top Product FlagFlag (2018): $12.5M, Packaged Medicaments

Exports FlagFlag (2018): $110M, Rnk 1 / 57

Top Product FlagFlag (2018): $90M, Planes, Helicopters, and/or Spacecraft

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

Netherlands-Aruba: In 2018, Netherlands exported $147M to Aruba. The main products exported from Netherlands to Aruba were Packaged Medicaments ($12.5M), Cheese ($6.58M), and Beer ($6.35M). During the last 23 years the exports of Netherlands to Aruba have increased at an annualized rate of 5.53%, from $42.7M in 1995 to $147M in 2018.

Aruba-Netherlands: In 2018, Aruba exported $110M to Netherlands. The main products exported from Aruba to Netherlands were Planes, Helicopters, and/or Spacecraft ($90M), Gas Turbines ($14.4M), and Orthopedic Appliances ($1.74M). During the last 23 years the exports of Aruba to Netherlands have increased at an annualized rate of 10.2%, from $11.7M in 1995 to $110M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). 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, Netherlands was ranked 14 with a GDP Per Capita of $53,024, while Aruba has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $147M to Aruba. The main products exported from Netherlands to Aruba were Packaged Medicaments ($12.5M), Cheese ($6.58M), and Beer ($6.35M). During the last 23 years the exports of Netherlands to Aruba have increased at an annualized rate of 5.53%, from $42.7M in 1995 to $147M in 2018.

In 2018, Aruba exported $110M to Netherlands. The main products exported from Aruba to Netherlands were Planes, Helicopters, and/or Spacecraft ($90M), Gas Turbines ($14.4M), and Orthopedic Appliances ($1.74M). During the last 23 years the exports of Aruba to Netherlands have increased at an annualized rate of 10.2%, from $11.7M in 1995 to $110M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Aruba
Top Destination
: Netherlands, $110M

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

In 2018, countries that imported more from Netherlands than Aruba were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Aruba than Netherlands were Nicaragua ($33.2M).

Comparative Advantage Netherlands - Aruba

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Depth

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

During 2018, Netherlands had a large net trade with Aruba in the exports of Foodstuffs ($28.8M), Machines ($22.7M), and Chemical Products ($19.6M).

During 2018, Aruba had a large net trade with Netherlands in the exports of Transportation ($90.1M), Machines ($14.5M), and Instruments ($2.34M).

Tariff Section

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

In 2017, the products from Netherlands 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 Netherlands were Tobacco, unmanufactured, not stemmed or stripped (57%) and Tobacco, unmanufactured, stemmed or stripped (57%).

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*The tariffs present between Netherlands 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

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This section shows a forecast for total trade between Netherlands 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.

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Economic Complexity

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Competitive Landscape

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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 Netherlands has comparative advantage over Aruba. Similarly, the more red a dot/product is, the more Aruba has comparative advantage over Netherlands.