Curaçao
Compare Curaçao →CW · CUW · BACI 531 · latest data 2024
Exports
= $341 M31.3% over 5 yrs (down)
Imports
= $1,626 M4.4% over 5 yrs (up)
Trade balancedeficit
= −$1,285 M
Total trade
= $1,966 M4.2% over 5 yrs (down)
- World position
- #172 of 225 exporters · bottom half · #170 of 225 importers · bottom half · 2024
Trade timeline
Curaçao's exports fell from $3.8B in 2011 to $341M in 2024; the 2024 balance was −$1.3B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 2011 | $3,792 M | $4,243 M | −$451 M | $8,035 M |
| 2012 | $4,283 M | $4,642 M | −$360 M | $8,925 M |
| 2013 | $4,062 M | $2,901 M | $1,162 M | $6,963 M |
| 2014 | $2,721 M | $2,832 M | −$111 M | $5,554 M |
| 2015 | $1,664 M | $2,225 M | −$561 M | $3,889 M |
| 2016 | $1,658 M | $1,680 M | −$21 M | $3,338 M |
| 2017 | $1,377 M | $1,991 M | −$614 M | $3,368 M |
| 2018 | $762 M | $2,668 M | −$1,906 M | $3,429 M |
| 2019 | $496 M | $1,557 M | −$1,061 M | $2,053 M |
| 2020 | $229 M | $1,284 M | −$1,055 M | $1,512 M |
| 2021 | $328 M | $1,083 M | −$755 M | $1,412 M |
| 2022 | $386 M | $1,317 M | −$931 M | $1,703 M |
| 2023 | $370 M | $1,206 M | −$837 M | $1,576 M |
| 2024 | $341 M | $1,626 M | −$1,285 M | $1,966 M |
Trading partners
United States was Curaçao's top trading partner in 2024, at 40.3% of total trade; the top five partners covered 79.4%.
- Top partner share
- 40.3%
- Top-5 share
- 79.4%
- Partners
- 103
- Partner HHI (0–1)
- 0.220
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $24 M | $768 M | $792 M | −$745 M |
| #2 | Netherlands | $26 M | $342 M | $368 M | −$317 M |
| #3 | Armenia | $237 M | $27 M | $264 M | $210 M |
| #4 | China | $0 M | $87 M | $88 M | −$87 M |
| #5 | Brazil | $1 M | $49 M | $49 M | −$48 M |
| #6 | Japan | $0 M | $32 M | $33 M | −$32 M |
| #7 | Colombia | $0 M | $31 M | $31 M | −$31 M |
| #8 | Belgium | $1 M | $21 M | $22 M | −$20 M |
| #9 | Germany | $0 M | $22 M | $22 M | −$22 M |
| #10 | India | $3 M | $18 M | $21 M | −$15 M |
| #11 | Dominican Rep. | $3 M | $17 M | $20 M | −$14 M |
| #12 | Denmark | $0 M | $18 M | $18 M | −$17 M |
| #13 | Spain | $0 M | $18 M | $18 M | −$18 M |
| #14 | France | $1 M | $14 M | $15 M | −$14 M |
| #15 | South Korea | $1 M | $15 M | $15 M | −$14 M |
Products & sectors
Product composition of Curaçao's trade in 2024.
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Concentration & risk
Curaçao's export partners concentrated over 2011–2024 — HHI 0.110 → 0.496, a concentrated export base across 86 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 2011 | 0.110 | 0.117 | 123 | 103 |
| 2012 | 0.120 | 0.145 | 117 | 109 |
| 2013 | 0.116 | 0.174 | 101 | 98 |
| 2014 | 0.141 | 0.160 | 107 | 97 |
| 2015 | 0.146 | 0.126 | 111 | 101 |
| 2016 | 0.162 | 0.269 | 106 | 100 |
| 2017 | 0.142 | 0.226 | 121 | 129 |
| 2018 | 0.080 | 0.161 | 122 | 135 |
| 2019 | 0.095 | 0.179 | 128 | 133 |
| 2020 | 0.070 | 0.185 | 114 | 122 |
| 2021 | 0.080 | 0.159 | 105 | 92 |
| 2022 | 0.154 | 0.178 | 94 | 92 |
| 2023 | 0.360 | 0.215 | 97 | 86 |
| 2024 | 0.496 | 0.274 | 86 | 80 |
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