2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Curaçao-Portugal Trade: In 2022, Curaçao exported $62k to Portugal. The main products that Curaçao exported to Portugal were Inedible Fats and Oils ($61.8k) and Other Printed Material ($178). Over the past 6 years the exports of Curaçao to Portugal have increased at an annualized rate of 93.4%, from $1.19k in 2016 to $62k in 2022.

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

Portugal-Curaçao Trade: In 2022, Portugal exported $2.34M to Curaçao. The main products that Portugal exported to Curaçao were Iron Structures ($1.18M), Aluminium Structures ($334k), and Sawn Wood ($186k). Over the past 6 years the exports of Portugal to Curaçao have increased at an annualized rate of 3.94%,  from $1.93M in 2016 to $2.34M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Curaçao exported $62k to Portugal. The main products exported from Curaçao to Portugal were Inedible Fats and Oils ($61.8k) and Other Printed Material ($178). During the last 6 years the exports of Curaçao to Portugal have increased at an annualized rate of 93.4%, from $1.19k in 2016 to $62k in 2022.

In 2017, Portugal exported $2.34M to Curaçao. The main products exported from Portugal to Curaçao were Iron Structures ($1.18M), Aluminium Structures ($334k), and Sawn Wood ($186k). During the last 5 years the exports of Portugal to Curaçao have increased at an annualized rate of 3.94%, from $1.93M in 2022 to $2.34M in 2017.

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

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

Latest Data

Trade between Curaçao (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Curaçao than Portugal included Costa Rica ($40.8M), Aruba ($15.7M), and Guyana ($9.66M).

In 2022, countries that imported more from Portugal than Curaçao included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Curaçao - Portugal

Flow
Scale

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

During 2022, Curaçao had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($61.8k) and Paper Goods ($178).

During 2017, Portugal had a large net trade with Curaçao in the exports of Metals ($1.62M), Foodstuffs ($267k), and Wood Products ($201k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with