2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Aruba-Belgium Trade: In 2022, Aruba exported $58.1k to Belgium. The main products that Aruba exported to Belgium were Other Organo-Inorganic Compounds ($53.3k), Brochures ($1.95k), and Orthopedic Appliances ($1.12k). Over the past 5 years the exports of Aruba to Belgium have increased at an annualized rate of 15.4%, from $28.4k in 2017 to $58.1k in 2022.

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

Belgium-Aruba Trade: In 2022, Belgium exported $3.5M to Aruba. The main products that Belgium exported to Aruba were Other Frozen Vegetables ($857k), Orthopedic Appliances ($472k), and Milk ($440k). Over the past 5 years the exports of Belgium to Aruba have increased at an annualized rate of 10.7%,  from $2.11M in 2017 to $3.5M in 2022.

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

Comparison In 2022,  Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Aruba exported $58.1k to Belgium. The main products exported from Aruba to Belgium were Other Organo-Inorganic Compounds ($53.3k), Brochures ($1.95k), and Orthopedic Appliances ($1.12k). During the last 5 years the exports of Aruba to Belgium have increased at an annualized rate of 15.4%, from $28.4k in 2017 to $58.1k in 2022.

In 2017, Belgium exported $3.5M to Aruba. The main products exported from Belgium to Aruba were Other Frozen Vegetables ($857k), Orthopedic Appliances ($472k), and Milk ($440k). During the last 5 years the exports of Belgium to Aruba have increased at an annualized rate of 10.7%, from $2.11M in 2022 to $3.5M in 2017.

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

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

Latest Data

Trade between Aruba (Flag) and Belgium (Flag)

Aruba Exports

Belgium Exports

Market Competitiveness

Color
Aruba
Top Destination
Colombia$49M
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Aruba than Belgium included Bonaire ($1.48M).

In 2022, countries that imported more from Belgium than Aruba included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Aruba - Belgium

Flow
Scale

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

During 2022, Aruba had a large net trade with Belgium in the exports of Chemical Products ($53.3k), Paper Goods ($1.95k), and Instruments ($1.12k).

During 2017, Belgium had a large net trade with Aruba in the exports of Foodstuffs ($1.26M), Animal Products ($653k), and Instruments ($496k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with