Panama (PAN) and Curaçao (CUW) Trade | The Observatory of Economic Complexity

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Panama-Curaçao Trade: In 2022, Panama exported $3.8M to Curaçao. The main products that Panama exported to Curaçao were Refined Petroleum ($1.63M), Cement ($1.05M), and Aluminium Structures ($438k). Over the past 5 years the exports of Panama to Curaçao have decreased at an annualized rate of 40.5%, from $50.9M in 2017 to $3.8M in 2022.

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

Curaçao-Panama Trade: In 2022, Curaçao exported $59.2k to Panama. The main products that Curaçao exported to Panama were Hard Liquor ($42.8k), Recovered Paper ($9.89k), and Other Animals ($6.54k). Over the past 5 years the exports of Curaçao to Panama have decreased at an annualized rate of 64%, from $9.75M in 2017 to $59.2k in 2022.

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

Comparison In 2022, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). 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, Panama exported $3.8M to Curaçao. The main products exported from Panama to Curaçao were Refined Petroleum ($1.63M), Cement ($1.05M), and Aluminium Structures ($438k). During the last 5 years the exports of Panama to Curaçao have decreased at an annualized rate of 40.5%, from $50.9M in 2017 to $3.8M in 2022.

In 2017, Curaçao exported $59.2k to Panama. The main products exported from Curaçao to Panama were Hard Liquor ($42.8k), Recovered Paper ($9.89k), and Other Animals ($6.54k). During the last 5 years the exports of Curaçao to Panama have decreased at an annualized rate of 64%, from $9.75M in 2022 to $59.2k in 2017.

Exports from Panama () to Curaçao () (2022)

Exports from Curaçao () to Panama () (2022)

Latest Data

Trade between Panama () and Curaçao ()

Panama Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Panama
Top DestinationChina$1.14B

Curaçao
Top DestinationUnited States$43.3M

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

In 2022, countries that imported more from Panama than Curaçao included China ($1.14B), Japan ($785M), and South Korea ($539M).

In 2022, countries that imported more from Curaçao than Panama included Mozambique ($2.07M), Ethiopia ($1.07M), and Montserrat ($620k).

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

Comparative Advantage Panama - Curaçao

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Panama had a large net trade with Curaçao in the exports of Mineral Products ($2.67M), Metals ($564k), and Textiles ($155k).

During 2017, Curaçao had a large net trade with Panama in the exports of Foodstuffs ($42.8k), Paper Goods ($9.89k), and Animal Products ($6.54k).

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 Panama and Curaçao. This means that a dot/product with the flag of Panama indicates it has a comparative advantage over Curaçao. Similarly, a dot/product with the flag of Curaçao indicates it has a comparative advantage over Panama.

About

Historical Data

Bilateral Trade by Products

Exports from Panama () to Curaçao () (2022)

Exports from Curaçao () to Panama () (2022)

Latest Data

Trade between Panama () and Curaçao ()

Panama Exports

Market Competitiveness

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

Comparative Advantage Panama - Curaçao

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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