2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Bonaire-Canada Trade: In 2023, Bonaire exported $302 to Canada. The main products that Bonaire exported to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($105), Insulated Wire ($76), and Metal Mountings ($67). Over the past 5 years the exports of Bonaire to Canada have decreased at an annualized rate of 59%, from $26.2k in 2018 to $302 in 2023.

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

Canada-Bonaire Trade: In 2023, Canada exported $342M to Bonaire. The main products that Canada exported to Bonaire were Refined Petroleum ($341M), Semiconductor Devices ($46.5k), and Light Fixtures ($42.2k). Over the past 5 years the exports of Canada to Bonaire have increased at an annualized rate of 34%,  from $79.2M in 2018 to $342M in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bonaire exported $302 to Canada. The main products exported from Bonaire to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($105), Insulated Wire ($76), and Metal Mountings ($67). During the last 5 years the exports of Bonaire to Canada have decreased at an annualized rate of 59%, from $26.2k in 2018 to $302 in 2023.

In 2018, Canada exported $342M to Bonaire. The main products exported from Canada to Bonaire were Refined Petroleum ($341M), Semiconductor Devices ($46.5k), and Light Fixtures ($42.2k). During the last 5 years the exports of Canada to Bonaire have increased at an annualized rate of 34%, from $79.2M in 2023 to $342M in 2018.

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

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

Latest Data

Trade between Bonaire (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Bonaire
Top Destination
Netherlands$39.1M
Canada
Top Destination
United States$410B

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

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

In 2023, countries that imported more from Canada than Bonaire included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Bonaire - Canada

Flow
Scale

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

During 2023, Bonaire had a large net trade with Canada in the exports of Transportation ($105), Machines ($77), and Metals ($67).

During 2018, Canada had a large net trade with Bonaire in the exports of Mineral Products ($341M), Machines ($108k), and Miscellaneous ($52.4k).

Economic Complexity

Competitive Landscape

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

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

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