Refined Petroleum in Aruba

EXPORTS (2018): $4.23M, World Rnk 138 / 198
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TOP DESTINATION (2018): $4.23M, United States

FASTEST GROWING MARKET (2017 - 2018): $2.05M, United States

IMPORTS (2018): $155M, World Rnk 150 / 221
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TOP ORIGIN (2018): $143M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $39.8M, United States

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

Overview: This page contains the latest trade data of Refined Petroleum in Aruba.

Exports: In 2018, Aruba exported $4.23M in Refined Petroleum, making it the 138th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most exported product in Aruba. The main destination of Refined Petroleum exports from Aruba are: United States ($4.23M).

The fastest growing export markets for Refined Petroleum of Aruba between 2017 and 2018 were United States ($2.05M).

Imports: In 2018, Aruba imported $155M in Refined Petroleum, becoming the 150th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Aruba. Aruba imports Refined Petroleum primarily from: United States ($143M), Colombia ($12M), Curaçao ($70.7k), Belgium-Luxembourg ($46.1k), and Azerbaijan ($45.1k).

The fastest growing import markets in Refined Petroleum for Aruba between 2017 and 2018 were United States ($39.8M), Belgium-Luxembourg ($46.1k), and Azerbaijan ($26.7k).

Tariffs: In 2018, the average tariff for Aruba in Refined Petroleum was 6%. The countries with the highest import tariffs for Refined Petroleum were Angola (6%), Burundi (6%), Benin (6%), Burkina Faso (6%), and Botswana (6%).

Value

EXPORTS (2018): $4.23M

IMPORTS (2018): $155M

NET TRADE (2018): -$151M

In 2018, Aruba exported $4.23M in Refined Petroleum. The main destinations of Aruba exports on Refined Petroleum were United States ($4.23M).

In 2018, Aruba imported $155M in Refined Petroleum, mainly from United States ($143M), Colombia ($12M), Curaçao ($70.7k), Belgium-Luxembourg ($46.1k), and Azerbaijan ($45.1k).

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IN 2018, Aruba HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • United States, -$139M ($4.23M - $143M)
  • Colombia, -$12M ($0 - $12M)
  • Curaçao, -$70.7k ($0 - $70.7k)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Aruba WERE (2017 - 2018):: United States, $2.05M (94.1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Aruba WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Aruba's main exporting competitors in Refined Petroleum were:

In 2018, Aruba's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Aruba. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Aruba in Refined Petroleum was 6%.

The countries with the highest tariffs for Refined Petroleum in Aruba were Angola (6%), Burundi (6%), Benin (6%), Burkina Faso (6%), and Botswana (6%).

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