2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
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2022
Flag
GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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About

Bonaire-Spain Trade: In 2022, Bonaire exported $14.8k to Spain. The main products that Bonaire exported to Spain were Medical Instruments ($5.7k), Other Furniture ($2.76k), and Other Processed Fruits and Nuts ($2.24k). Over the past 5 years the exports of Bonaire to Spain have decreased at an annualized rate of 71.3%, from $7.64M in 2017 to $14.8k in 2022.

In 2022, Bonaire did not export any services to Spain.

Spain-Bonaire Trade: In 2022, Spain exported $429k to Bonaire. The main products that Spain exported to Bonaire were Unglazed Ceramics ($142k), Roofing Tiles ($113k), and Sports Equipment ($62.1k). Over the past 5 years the exports of Spain to Bonaire have increased at an annualized rate of 22.5%,  from $155k in 2017 to $429k in 2022.

In 2022, Spain did not export any services to Bonaire.

Comparison In 2022,  Bonaire ranked 217 in total exports ($10.1M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bonaire exported $14.8k to Spain. The main products exported from Bonaire to Spain were Medical Instruments ($5.7k), Other Furniture ($2.76k), and Other Processed Fruits and Nuts ($2.24k). During the last 5 years the exports of Bonaire to Spain have decreased at an annualized rate of 71.3%, from $7.64M in 2017 to $14.8k in 2022.

In 2017, Spain exported $429k to Bonaire. The main products exported from Spain to Bonaire were Unglazed Ceramics ($142k), Roofing Tiles ($113k), and Sports Equipment ($62.1k). During the last 5 years the exports of Spain to Bonaire have increased at an annualized rate of 22.5%, from $155k in 2022 to $429k in 2017.

Exports from Bonaire (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Bonaire (Flag) (2022)

Latest Data

Trade between Bonaire (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Bonaire
Top Destination
France$4.33M
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from Bonaire than from Spain.

In 2022, countries that imported more from Spain than Bonaire included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain (Flag) and Bonaire (Flag) (2022)

Comparative Advantage Bonaire - Spain

Flow
Scale

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

During 2022, Bonaire had a large net trade with Spain in the exports of Instruments ($5.7k), Miscellaneous ($2.76k), and Foodstuffs ($2.24k).

During 2017, Spain had a large net trade with Bonaire in the exports of Stone And Glass ($255k), Metals ($75.7k), and Miscellaneous ($72.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Bonaire (Flag) and Spain (Flag) (2022)

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