2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Curaçao-Australia Trade: In 2022, Curaçao exported $168k to Australia. The main products that Curaçao exported to Australia were Hand Tools ($43.1k), Other Measuring Instruments ($38.1k), and Gaskets ($30.1k). Over the past 5 years the exports of Curaçao to Australia have decreased at an annualized rate of 60.5%, from $17.4M in 2017 to $168k in 2022.

In 2022, Curaçao did not export any services to Australia.

Australia-Curaçao Trade: In 2022, Australia exported $239k to Curaçao. The main products that Australia exported to Curaçao were Wine ($91.8k), Other Heating Machinery ($51.4k), and Chemical Analysis Instruments ($34.4k). Over the past 5 years the exports of Australia to Curaçao have decreased at an annualized rate of 19.5%,  from $1.09M in 2017 to $239k in 2022.

In 2022, Australia did not export any services to Curaçao.

Comparison In 2022,  Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $168k to Australia. The main products exported from Curaçao to Australia were Hand Tools ($43.1k), Other Measuring Instruments ($38.1k), and Gaskets ($30.1k). During the last 5 years the exports of Curaçao to Australia have decreased at an annualized rate of 60.5%, from $17.4M in 2017 to $168k in 2022.

In 2017, Australia exported $239k to Curaçao. The main products exported from Australia to Curaçao were Wine ($91.8k), Other Heating Machinery ($51.4k), and Chemical Analysis Instruments ($34.4k). During the last 5 years the exports of Australia to Curaçao have decreased at an annualized rate of 19.5%, from $1.09M in 2022 to $239k in 2017.

Exports from Curaçao (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Curaçao (Flag) (2022)

Latest Data

Trade between Curaçao (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Curaçao than Australia included Costa Rica ($40.8M), Aruba ($15.7M), and Guatemala ($18.2M).

In 2022, countries that imported more from Australia than Curaçao included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Curaçao (Flag) (2022)

Comparative Advantage Curaçao - Australia

Flow
Scale

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

During 2022, Curaçao had a large net trade with Australia in the exports of Metals ($73.6k), Instruments ($47.5k), and Machines ($42.6k).

During 2017, Australia had a large net trade with Curaçao in the exports of Foodstuffs ($91.8k), Machines ($65.6k), and Instruments ($51.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Curaçao (Flag) and Australia (Flag) (2022)

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