2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
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GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Bonaire-Ireland Trade: In 2023, Bonaire exported $23.8k to Ireland. The main products that Bonaire exported to Ireland were Excavation Machinery ($19.1k), Ball Bearings ($2.61k), and Low-voltage Protection Equipment ($1.5k). Over the past 7 years the exports of Bonaire to Ireland have increased at an annualized rate of 21%, from $6.26k in 2016 to $23.8k in 2023.

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

Ireland-Bonaire Trade: In 2023, Ireland exported $1.3k to Bonaire. The main products that Ireland exported to Bonaire were Bandages ($1.3k). Over the past 7 years the exports of Ireland to Bonaire have decreased at an annualized rate of 15.3%,  from $13.2k in 2016 to $1.3k in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bonaire exported $23.8k to Ireland. The main products exported from Bonaire to Ireland were Excavation Machinery ($19.1k), Ball Bearings ($2.61k), and Low-voltage Protection Equipment ($1.5k). During the last 7 years the exports of Bonaire to Ireland have increased at an annualized rate of 21%, from $6.26k in 2016 to $23.8k in 2023.

In 2018, Ireland exported $1.3k to Bonaire. The main products exported from Ireland to Bonaire were Bandages ($1.3k). During the last 5 years the exports of Ireland to Bonaire have decreased at an annualized rate of 15.3%, from $13.2k in 2023 to $1.3k in 2018.

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

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

Latest Data

Trade between Bonaire (Flag) and Ireland (Flag)

Ireland Exports

Market Competitiveness

Color
Bonaire
Top Destination
Netherlands$39.1M
Ireland
Top Destination
United States$67.4B

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

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

In 2023, countries that imported more from Ireland than Bonaire included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Bonaire - Ireland

Flow
Scale

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

During 2023, Bonaire had a large net trade with Ireland in the exports of Machines ($23.8k) and Textiles ($31).

During 2018, Ireland had a large net trade with Bonaire in the exports of Chemical Products ($1.3k).

Economic Complexity

Competitive Landscape

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

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

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