2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Bonaire-Belgium Trade: In 2023, Bonaire exported $2.7M to Belgium. The main products that Bonaire exported to Belgium were Salt ($2.62M) and Precious Metal Scraps ($76.1k). Over the past 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 24.5%, from $11M in 2018 to $2.7M in 2023.

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

Belgium-Bonaire Trade: In 2023, Belgium exported $1.24M to Bonaire. The main products that Belgium exported to Bonaire were Seats ($122k), Other Furniture ($88.9k), and Coffee ($81.8k). Over the past 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.82%,  from $1.36M in 2018 to $1.24M in 2023.

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

Comparison In 2023,  Bonaire ranked 203 in total exports ($52.5M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bonaire exported $2.7M to Belgium. The main products exported from Bonaire to Belgium were Salt ($2.62M) and Precious Metal Scraps ($76.1k). During the last 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 24.5%, from $11M in 2018 to $2.7M in 2023.

In 2018, Belgium exported $1.24M to Bonaire. The main products exported from Belgium to Bonaire were Seats ($122k), Other Furniture ($88.9k), and Coffee ($81.8k). During the last 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.82%, from $1.36M in 2023 to $1.24M in 2018.

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

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

Latest Data

Trade between Bonaire (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Bonaire
Top Destination
Netherlands$39.1M
Belgium
Top Destination
France$85.6B

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

In 2023, no countries were registered that imported more from Bonaire than from Belgium.

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

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

Comparative Advantage Bonaire - Belgium

Flow
Scale

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

During 2023, Bonaire had a large net trade with Belgium in the exports of Mineral Products ($2.62M) and Precious Metals ($76.1k).

During 2018, Belgium had a large net trade with Bonaire in the exports of Miscellaneous ($279k), Machines ($190k), and Foodstuffs ($167k).

Economic Complexity

Competitive Landscape

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

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

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