In 2020, Aruba exported a total of $117M, making it the number 188 exporter in the world. During the last five reported years the exports of Aruba have changed by -$329M from $447M in 2015 to $117M in 2020.
In 2020, Aruba exported $1.36B worth of services. The top services exported by Aruba in 2020 were Travel ($1.08B), Other business services ($113M), Transportation ($51.8M), Financial services ($46.3M), and Government services, n.i.e. ($28.8M).
The top services imported by Aruba in 2020 were Travel ($303M), Other business services ($241M), Transportation ($96M), Computer and information services ($57.6M), and Financial services ($35.2M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Aruba. These are products that tend to be co-exported with the products that Aruba exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.