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2022
Flag → Flag
Exports $41.8MRnk 12 / 84
2022
Flag → Flag
Top Product $6.02MRefined Petroleum
2022
Flag → Flag
Exports $424kRnk 79 / 148
2022
Flag → Flag
Top Product $351kCoffee
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Curaçao-Nicaragua Trade: In 2022, Curaçao exported $41.8M to Nicaragua. The main products that Curaçao exported to Nicaragua were Refined Petroleum ($6.02M), Other Knit Garments ($653), and Other Hand Tools ($43). Over the past 5 years the exports of Curaçao to Nicaragua have decreased at an annualized rate of 25.6%, from $184M in 2017 to $41.8M in 2022.

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

Nicaragua-Curaçao Trade: In 2022, Nicaragua exported $424k to Curaçao. The main products that Nicaragua exported to Curaçao were Coffee ($351k), Rolled Tobacco ($123k), and Soybean Oil ($45.3k). Over the past 5 years the exports of Nicaragua to Curaçao have increased at an annualized rate of 8.29%,  from $285k in 2017 to $424k in 2022.

In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $41.8M to Nicaragua. The main products exported from Curaçao to Nicaragua were Refined Petroleum ($6.02M), Other Knit Garments ($653), and Other Hand Tools ($43). During the last 5 years the exports of Curaçao to Nicaragua have decreased at an annualized rate of 25.6%, from $184M in 2017 to $41.8M in 2022.

In 2017, Nicaragua exported $424k to Curaçao. The main products exported from Nicaragua to Curaçao were Coffee ($351k), Rolled Tobacco ($123k), and Soybean Oil ($45.3k). During the last 6 years the exports of Nicaragua to Curaçao have increased at an annualized rate of 8.29%, from $285k in 2011 to $424k in 2017.

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

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

Latest Data

Trade between Curaçao (Flag) and Nicaragua (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Curaçao
Top DestinationUnited States$43.3M
Nicaragua
Top DestinationUnited States$4.09B

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

In 2022, countries that imported more from Curaçao than Nicaragua included Aruba ($15.7M), India ($22.5M), and Guyana ($9.66M).

In 2022, countries that imported more from Nicaragua than Curaçao included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Curaçao - Nicaragua

Flow
Scale

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

During 2022, Curaçao had a large net trade with Nicaragua in the exports of Mineral Products ($6.02M), Textiles ($653), and Metals ($43).

During 2017, Nicaragua had a large net trade with Curaçao in the exports of Vegetable Products ($351k), Foodstuffs ($123k), and Animal and Vegetable Bi-Products ($83.7k).

Economic Complexity

Competitive Landscape

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

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

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