2023
Flag  
GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
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 GDP
$3.28BCURRENT US$
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2013-2023
Flag
GDP GROWTH
8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
GDP PC 
$54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC
$22,192CURRENT US$
Rnk 57 / 196
2013-2023
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GDP PC GROWTH
12.5%CURRENT US$
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About

Belgium-Curaçao Trade: In 2023, Belgium exported $8.06M to Curaçao. The main products that Belgium exported to Curaçao were Rolled Tobacco ($1.24M), Other Frozen Vegetables ($1.08M), and Milk ($940k). Over the past 5 years the exports of Belgium to Curaçao have decreased at an annualized rate of 3.44%, from $9.6M in 2018 to $8.06M in 2023.

In 2023, Belgium did not export any services to Curaçao.

Curaçao-Belgium Trade: In 2023, Curaçao exported $36.9k to Belgium. The main products that Curaçao exported to Belgium were Cars ($27k), Broadcasting Accessories ($5.05k), and Vaccines, blood, antisera, toxins and cultures ($3.95k). Over the past 5 years the exports of Curaçao to Belgium have decreased at an annualized rate of 68.1%,  from $11.1M in 2018 to $36.9k in 2023.

In 2023, Curaçao did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $8.06M to Curaçao. The main products exported from Belgium to Curaçao were Rolled Tobacco ($1.24M), Other Frozen Vegetables ($1.08M), and Milk ($940k). During the last 5 years the exports of Belgium to Curaçao have decreased at an annualized rate of 3.44%, from $9.6M in 2018 to $8.06M in 2023.

In 2018, Curaçao exported $36.9k to Belgium. The main products exported from Curaçao to Belgium were Cars ($27k), Broadcasting Accessories ($5.05k), and Vaccines, blood, antisera, toxins and cultures ($3.95k). During the last 5 years the exports of Curaçao to Belgium have decreased at an annualized rate of 68.1%, from $11.1M in 2023 to $36.9k in 2018.

Exports from Belgium (Flag) to Curaçao (Flag) (2023)

Exports from Curaçao (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top Destination
France$85.6B
Curaçao
Top Destination
Armenia$212M

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

In 2023, countries that imported more from Belgium than Curaçao included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Curaçao than Belgium included Armenia ($212M) and Grenada ($2.42M).

Difference in imports from Curaçao (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Curaçao

Flow
Scale

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

During 2023, Belgium had a large net trade with Curaçao in the exports of Foodstuffs ($3.54M), Animal Products ($1.27M), and Chemical Products ($761k).

During 2018, Curaçao had a large net trade with Belgium in the exports of Transportation ($27k), Machines ($5.05k), and Chemical Products ($4.06k).

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Curaçao (Flag) (2023)

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