2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Ecuador-Curaçao Trade: In 2022, Ecuador exported $64.1M to Curaçao. The main products that Ecuador exported to Curaçao were Refined Petroleum ($62.4M), Particle Board ($843k), and Margarine ($90.5k). Over the past 5 years the exports of Ecuador to Curaçao have increased at an annualized rate of 117%, from $1.34M in 2017 to $64.1M in 2022.

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

Curaçao-Ecuador Trade: In 2022, Curaçao exported $2.47M to Ecuador. The main products that Curaçao exported to Ecuador were Non-fillet Frozen Fish ($2.19M), Cyclic Hydrocarbons ($82.1k), and Other Inedible Animal Products ($76.1k). Over the past 5 years the exports of Curaçao to Ecuador have decreased at an annualized rate of 14.1%,  from $20.6M in 2017 to $2.47M in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $64.1M to Curaçao. The main products exported from Ecuador to Curaçao were Refined Petroleum ($62.4M), Particle Board ($843k), and Margarine ($90.5k). During the last 5 years the exports of Ecuador to Curaçao have increased at an annualized rate of 117%, from $1.34M in 2017 to $64.1M in 2022.

In 2017, Curaçao exported $2.47M to Ecuador. The main products exported from Curaçao to Ecuador were Non-fillet Frozen Fish ($2.19M), Cyclic Hydrocarbons ($82.1k), and Other Inedible Animal Products ($76.1k). During the last 5 years the exports of Curaçao to Ecuador have decreased at an annualized rate of 14.1%, from $20.6M in 2022 to $2.47M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Curaçao
Top Destination
United States$43.3M

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

In 2022, countries that imported more from Ecuador than Curaçao included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Curaçao than Ecuador included Guyana ($9.66M), Suriname ($3.56M), and Grenada ($3.02M).

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

Comparative Advantage Ecuador - Curaçao

Flow
Scale

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

During 2022, Ecuador had a large net trade with Curaçao in the exports of Mineral Products ($62.4M), Wood Products ($845k), and Animal and Vegetable Bi-Products ($162k).

During 2017, Curaçao had a large net trade with Ecuador in the exports of Animal Products ($2.27M), Chemical Products ($82.1k), and Machines ($69k).

Economic Complexity

Competitive Landscape

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

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

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