Nicaragua (NIC) and Curaçao (CUW) Trade | The Observatory of Economic Complexity

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Nicaragua-Curaçao Trade: In 2022, Nicaragua exported $564k 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 5.88%, from $424k in 2017 to $564k in 2022.

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

Curaçao-Nicaragua Trade: In 2022, Curaçao exported $6.03M 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 32.1%, from $41.8M in 2017 to $6.03M in 2022.

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

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nicaragua exported $564k to Curaçao. The main products exported from Nicaragua to Curaçao were Coffee ($351k), Rolled Tobacco ($123k), and Soybean Oil ($45.3k). During the last 5 years the exports of Nicaragua to Curaçao have increased at an annualized rate of 5.88%, from $424k in 2017 to $564k in 2022.

In 2017, Curaçao exported $6.03M 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 32.1%, from $41.8M in 2022 to $6.03M in 2017.

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

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

Latest Data

Trade between Nicaragua () and Curaçao ()

Nicaragua Exports

Date

Mar 2016

Feb 2016

Jan 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Curaçao
Top DestinationUnited States$43.3M

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

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

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

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

Comparative Advantage Nicaragua - Curaçao

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, Curaçao had a large net trade with Nicaragua in the exports of Mineral Products ($6.02M), Textiles ($653), and Metals ($43).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Nicaragua () and Curaçao ()

Nicaragua Exports

Market Competitiveness

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

Comparative Advantage Nicaragua - Curaçao

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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