2023
Flag  
GDP
$3.28BCURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP GROWTH
8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$22,192CURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP PC GROWTH
12.5%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Curaçao-Colombia Trade: In 2023, Curaçao exported $163 to Colombia. The main products that Curaçao exported to Colombia were Hand Tools ($163). Over the past 5 years the exports of Curaçao to Colombia have decreased at an annualized rate of 91.2%, from $30.6M in 2018 to $163 in 2023.

In 2023, Curaçao did not export any services to Colombia.

Colombia-Curaçao Trade: In 2023, Colombia exported $60.6M to Curaçao. The main products that Colombia exported to Curaçao were Refined Petroleum ($26.3M), Bananas ($2.68M), and Frozen Bovine Meat ($1.69M). Over the past 5 years the exports of Colombia to Curaçao have increased at an annualized rate of 2.79%,  from $33.1M in 2018 to $60.6M in 2023.

In 2023, Colombia did not export any services to Curaçao.

Comparison In 2023,  Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Curaçao exported $163 to Colombia. The main products exported from Curaçao to Colombia were Hand Tools ($163). During the last 5 years the exports of Curaçao to Colombia have decreased at an annualized rate of 91.2%, from $30.6M in 2018 to $163 in 2023.

In 2018, Colombia exported $60.6M to Curaçao. The main products exported from Colombia to Curaçao were Refined Petroleum ($26.3M), Bananas ($2.68M), and Frozen Bovine Meat ($1.69M). During the last 5 years the exports of Colombia to Curaçao have increased at an annualized rate of 2.79%, from $33.1M in 2023 to $60.6M in 2018.

Exports from Curaçao (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to Curaçao (Flag) (2023)

Latest Data

Trade between Curaçao (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Curaçao
Top Destination
Armenia$212M
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Curaçao than Colombia included Armenia ($212M), Montserrat ($535k), and Zimbabwe ($294k).

In 2023, countries that imported more from Colombia than Curaçao included United States ($14.8B), Panama ($4.66B), and China ($2.5B).

Difference in imports from Colombia (Flag) and Curaçao (Flag) (2023)

Comparative Advantage Curaçao - Colombia

Flow
Scale

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

During 2023, Curaçao had a large net trade with Colombia in the exports of Metals ($163).

During 2018, Colombia had a large net trade with Curaçao in the exports of Mineral Products ($26.7M), Vegetable Products ($9.75M), and Foodstuffs ($6.29M).

Economic Complexity

Competitive Landscape

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

Product Space of Curaçao (Flag) and Colombia (Flag) (2023)

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