2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Aruba-Turkey Trade: In 2022, Aruba exported $224 to Turkey. The main products that Aruba exported to Turkey were Broadcasting Equipment ($124) and Non-Knit Women's Suits ($100). Over the past 8 years the exports of Aruba to Turkey have decreased at an annualized rate of 34.3%, from $6.43k in 2014 to $224 in 2022.

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

Turkey-Aruba Trade: In 2022, Turkey exported $2.27M to Aruba. The main products that Turkey exported to Aruba were Insulated Wire ($350k), Large Coated Flat-Rolled Iron ($245k), and Other Furniture ($205k). Over the past 8 years the exports of Turkey to Aruba have increased at an annualized rate of 14%,  from $1.03M in 2014 to $2.27M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Aruba exported $224 to Turkey. The main products exported from Aruba to Turkey were Broadcasting Equipment ($124) and Non-Knit Women's Suits ($100). During the last 8 years the exports of Aruba to Turkey have decreased at an annualized rate of 34.3%, from $6.43k in 2014 to $224 in 2022.

In 2017, Turkey exported $2.27M to Aruba. The main products exported from Turkey to Aruba were Insulated Wire ($350k), Large Coated Flat-Rolled Iron ($245k), and Other Furniture ($205k). During the last 5 years the exports of Turkey to Aruba have increased at an annualized rate of 14%, from $1.03M in 2022 to $2.27M in 2017.

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

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

Latest Data

Trade between Aruba (Flag) and Turkey (Flag)

Aruba Exports

Turkey Exports

Market Competitiveness

Color
Aruba
Top Destination
Colombia$49M
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Aruba than Turkey included Curaçao ($5.8M) and Bonaire ($1.48M).

In 2022, countries that imported more from Turkey than Aruba included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Aruba - Turkey

Flow
Scale

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

During 2022, Aruba had a large net trade with Turkey in the exports of Machines ($124) and Textiles ($100).

During 2017, Turkey had a large net trade with Aruba in the exports of Machines ($480k), Metals ($467k), and Miscellaneous ($418k).

Economic Complexity

Competitive Landscape

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

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

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