2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Curaçao-Nigeria Trade: In 2022, Curaçao exported $2.05M to Nigeria. The main products that Curaçao exported to Nigeria were Other Agricultural Machinery ($1.07M), Soybean Oil ($193k), and Electrical Power Accessories ($115k). Over the past 6 years the exports of Curaçao to Nigeria have decreased at an annualized rate of 10.7%, from $4.04M in 2016 to $2.05M in 2022.

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

Nigeria-Curaçao Trade: In 2022, Nigeria exported $155k to Curaçao. The main products that Nigeria exported to Curaçao were N/A. Over the past 6 years the exports of Nigeria to Curaçao have increased at an annualized rate of 70.8%,  from $10.6k in 2016 to $155k in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $2.05M to Nigeria. The main products exported from Curaçao to Nigeria were Other Agricultural Machinery ($1.07M), Soybean Oil ($193k), and Electrical Power Accessories ($115k). During the last 6 years the exports of Curaçao to Nigeria have decreased at an annualized rate of 10.7%, from $4.04M in 2016 to $2.05M in 2022.

In 2014, Nigeria exported $155k to Curaçao. There were not main exports from Nigeria to Curaçao in 2014. During the last 5 years the exports of Nigeria to Curaçao have increased at an annualized rate of 70.8%, from $10.6k in 2019 to $155k in 2014.

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

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

Latest Data

Trade between Curaçao (Flag) and Nigeria (Flag)

Nigeria Exports

Date

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Nigeria
Top Destination
Spain$9.41B

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

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

In 2022, countries that imported more from Nigeria than Curaçao included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Curaçao - Nigeria

Flow
Scale

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

During 2022, Curaçao had a large net trade with Nigeria in the exports of Machines ($1.32M), Transportation ($248k), and Animal and Vegetable Bi-Products ($193k).

During 2014, Nigeria had a large net trade with Curaçao in the exports of .

Economic Complexity

Competitive Landscape

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

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

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