2023
Flag  
GDP
$3.28BCURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP GROWTH
8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Curaçao-Germany Trade: In 2023, Curaçao exported $135k to Germany. The main products that Curaçao exported to Germany were Raw Tobacco ($54.3k), Orthopedic Appliances ($32.4k), and Drilling Machines ($29.1k). Over the past 5 years the exports of Curaçao to Germany have decreased at an annualized rate of 42.3%, from $2.11M in 2018 to $135k in 2023.

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

Germany-Curaçao Trade: In 2023, Germany exported $21.4M to Curaçao. The main products that Germany exported to Curaçao were Cars ($2.4M), Engine Parts ($2.2M), and Packaged Medicaments ($1.74M). Over the past 5 years the exports of Germany to Curaçao have decreased at an annualized rate of 15.4%,  from $49.2M in 2018 to $21.4M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Curaçao exported $135k to Germany. The main products exported from Curaçao to Germany were Raw Tobacco ($54.3k), Orthopedic Appliances ($32.4k), and Drilling Machines ($29.1k). During the last 5 years the exports of Curaçao to Germany have decreased at an annualized rate of 42.3%, from $2.11M in 2018 to $135k in 2023.

In 2018, Germany exported $21.4M to Curaçao. The main products exported from Germany to Curaçao were Cars ($2.4M), Engine Parts ($2.2M), and Packaged Medicaments ($1.74M). During the last 5 years the exports of Germany to Curaçao have decreased at an annualized rate of 15.4%, from $49.2M in 2023 to $21.4M in 2018.

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

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

Latest Data

Trade between Curaçao (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Curaçao
Top Destination
Armenia$212M
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Curaçao than Germany included Montserrat ($535k).

In 2023, countries that imported more from Germany than Curaçao included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Curaçao - Germany

Flow
Scale

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

During 2023, Curaçao had a large net trade with Germany in the exports of Foodstuffs ($54.4k), Instruments ($33k), and Machines ($30.4k).

During 2018, Germany had a large net trade with Curaçao in the exports of Machines ($8.95M), Transportation ($2.82M), and Chemical Products ($2.54M).

Economic Complexity

Competitive Landscape

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

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

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