Portugal (PRT) and Curaçao (CUW) Trade | The Observatory of Economic Complexity

About

Portugal-Curaçao Trade: In 2023, Portugal exported $2.28M to Curaçao. The main products that Portugal exported to Curaçao were Iron Structures ($383k), Electric Generating Sets ($266k), and Processed Fish ($216k). Over the past 5 years the exports of Portugal to Curaçao have increased at an annualized rate of 8.47%, from $1.52M in 2018 to $2.28M in 2023.

In 2023, Portugal did not export any services to Curaçao.

Curaçao-Portugal Trade: In 2023, Curaçao exported $230k to Portugal. The main products that Curaçao exported to Portugal were Inedible Fats and Oils ($142k), Nonaqueous Paints ($82.4k), and Bi-Wheel Vehicle Parts ($1.95k). Over the past 5 years the exports of Curaçao to Portugal have increased at an annualized rate of 175%, from $1.46k in 2018 to $230k in 2023.

In 2023, Curaçao did not export any services to Portugal.

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Curaçao ranked 174 in total exports ($370M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €86.6k and imported €0 from Curaçao, resulting in a positive trade balance of €86.6k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-37.8k (-30.4%) from €124k to €86.6k, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In November 2024, the top exports of Portugal to Curaçao were Iron & steel (€103k), Iron/Steel Articles (€66.4k), Wood, wood articles, & charcoal (€36.8k), Beverages, spirits, & vinegar (€28.3k), and Paper articles (€10.4k). In November 2024 the top imports of Portugal from Curaçao were Paints, dyes, & varnishes (€76.2k), Chemical products n.e.s. (€681), Mineral fuels, mineral oils and products... (€353), Live animals (€0), and Meat & edible offal (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Curaçao was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-1.25k or -100%), Optical, photo, & film equipment; medical... (€-671 or -100%), and Furniture, bedding, lamps, & prefab buildings (€-65 or -100%). In November 2024, the change in Portugal's year-by-year imports from Curaçao was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€-37.8k(-30.4%)

IMPORT GROWTH (November 2023 - November 2024)€0(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Curaçao and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Curaçao and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $2.28M to Curaçao. The main products exported from Portugal to Curaçao were Iron Structures ($383k), Electric Generating Sets ($266k), and Processed Fish ($216k). During the last 5 years the exports of Portugal to Curaçao have increased at an annualized rate of 8.47%, from $1.52M in 2018 to $2.28M in 2023.

In 2018, Curaçao exported $230k to Portugal. The main products exported from Curaçao to Portugal were Inedible Fats and Oils ($142k), Nonaqueous Paints ($82.4k), and Bi-Wheel Vehicle Parts ($1.95k). During the last 5 years the exports of Curaçao to Portugal have increased at an annualized rate of 175%, from $1.46k in 2023 to $230k in 2018.

Exports from Portugal () to Curaçao () (2023)

Exports from Curaçao () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Curaçao
Top DestinationArmenia$212M

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

In 2023, countries that imported more from Portugal than Curaçao included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Curaçao than Portugal included Armenia ($212M), Guyana ($19.8M), and Grenada ($2.42M).

Difference in imports from Curaçao () and Portugal () (2023)

Comparative Advantage Portugal - Curaçao

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Curaçao in the exports of Metals ($853k), Machines ($567k), and Foodstuffs ($515k).

During 2018, Curaçao had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($142k), Chemical Products ($83.1k), and Transportation ($3.06k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Curaçao () (2023)

Exports from Curaçao () to Portugal () (2023)

Market Competitiveness

Difference in imports from Curaçao () and Portugal () (2023)

Comparative Advantage Portugal - Curaçao

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Curaçao () (2023)

Keep Exploring