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Curaçao trade in 2024

In 2024, Curaçao exported $341 million and imported $1.6 billion, a trade deficit of $1.3 billion. It was the world's 173rd-largest exporter, with 0% of world exports. Its top export was diamonds (25.3% of the total) and its main trading partner was the United States (40.3% of its trade).

Summary

Exports
$341million
Imports
$1.6billion
Trade balance
-$1.3billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Diamonds (25.3%) and refined petroleum (5.7%) together make up 31% of its exports.

  1. Diamonds$86 million · 25.3%
    Main partner: Armenia
  2. Refined petroleum$19 million · 5.7%
    Main partner: Guyana
  3. Other industrial machines$15 million · 4.4%
    Main partner: Netherlands
  4. Gold$15 million · 4.4%
    Main partner: Armenia
  5. Cameras and broadcast equipment$12 million · 3.6%
    Main partner: Armenia
  6. Petroleum coke and bitumen$12 million · 3.5%
    Main partner: United States
  7. Ferrous scrap$5 million · 1.6%
    Main partner: Taiwan
  8. Gas, water and electricity meters$5 million · 1.5%
    Main partner: Armenia
  9. Furniture$5 million · 1.5%
    Main partner: Netherlands
  10. Poultry meat$5 million · 1.4%
    Main partner: Armenia

What it imports

Refined petroleum (26.2%) and cars (4.8%) together make up 31% of its imports.

  1. Refined petroleum$426 million · 26.2%
    Main partner: United States
  2. Cars$78 million · 4.8%
    Main partner: Japan
  3. Cables and wire$44 million · 2.7%
    Main partner: United States
  4. Cameras and broadcast equipment$33 million · 2%
    Main partner: United States
  5. Other food preparations$30 million · 1.8%
    Main partner: Netherlands
  6. Medicines in measured doses or retail packs$28 million · 1.7%
    Main partner: Netherlands
  7. Parts for cranes and excavators$25 million · 1.5%
    Main partner: United States
  8. Furniture$21 million · 1.3%
    Main partner: Netherlands
  9. Poultry meat$20 million · 1.3%
    Main partner: Brazil
  10. Beer$17 million · 1.1%
    Main partner: Netherlands
By Harmonized System chapter (96)
ChapterExportsImports
71 · Gems and precious metals$104 million$14 million
27 · Oil, gas and coal$34 million$427 million
84 · Mechanical machinery$34 million$173 million
85 · Electrical and electronic equipment$33 million$158 million
90 · Precision and medical instruments$14 million$31 million
87 · Vehicles$10 million$120 million
73 · Iron and steel products$9 million$42 million
02 · Meat and offal$7 million$54 million
72 · Iron and steel$7 million$7 million
39 · Plastics$7 million$37 million
94 · Furniture and lighting$6 million$35 million
01 · Live animals$5 million$321 thousand
62 · Woven clothing$5 million$20 million
74 · Copper$4 million$1 million
38 · Miscellaneous chemicals$3 million$6 million
89 · Ships and boats$2 million$6 million
88 · Aircraft and spacecraft$2 million$6 million
70 · Glass$2 million$3 million
20 · Preserved fruit and vegetables$2 million$18 million
76 · Aluminum$2 million$10 million
04 · Dairy, eggs and honey$2 million$20 million
64 · Footwear$2 million$5 million
44 · Wood$2 million$17 million
61 · Knitted clothing$2 million$11 million
15 · Fats and oils$2 million$6 million
21 · Food preparations$2 million$50 million
40 · Rubber$2 million$14 million
48 · Paper and paperboard$2 million$16 million
33 · Perfumes and cosmetics$2 million$23 million
30 · Pharmaceuticals$2 million$31 million
36 · Explosives and matches$2 million$595 thousand
22 · Beverages and spirits$2 million$58 million
32 · Dyes, paints and tanning agents$2 million$11 million
34 · Soap and cleaning products$1 million$9 million
63 · Home textiles and used clothing$1 million$5 million
24 · Tobacco$1 million$14 million
29 · Organic chemicals$1 million$1 million
26 · Ores and slag$1 million$252 thousand
23 · Animal feed and food waste$1 million$14 million
25 · Salt, stone and cement$1 million$5 million
68 · Stone, plaster and cement articles$1 million$7 million
16 · Prepared meat and fish$999 thousand$12 million
86 · Railway equipment$879 thousand$958 thousand
19 · Baked goods and cereal products$855 thousand$18 million
10 · Cereals$734 thousand$5 million
97 · Art and antiques$696 thousand$82 thousand
82 · Tools and cutlery$674 thousand$3 million
83 · Miscellaneous metal goods$608 thousand$4 million
03 · Fish and seafood$590 thousand$7 million
07 · Vegetables$510 thousand$10 million
11 · Milling products and malt$495 thousand$3 million
95 · Toys and sports gear$476 thousand$10 million
18 · Cocoa and chocolate$456 thousand$4 million
28 · Inorganic chemicals$449 thousand$2 million
49 · Books and printed matter$414 thousand$6 million
42 · Leather goods and bags$400 thousand$3 million
35 · Glues, starches and enzymes$321 thousand$724 thousand
09 · Coffee, tea and spices$240 thousand$5 million
96 · Other manufactured goods$233 thousand$1 million
56 · Felt, nonwovens and rope$228 thousand$780 thousand
47 · Wood pulp$220 thousand$696 thousand
69 · Ceramics$212 thousand$11 million
37 · Photographic goods$174 thousand$159 thousand
17 · Sugar and sweets$166 thousand$5 million
54 · Synthetic filaments$148 thousand$320 thousand
79 · Zinc$146 thousand$69 thousand
08 · Fruit and nuts$137 thousand$10 million
78 · Lead$123 thousand$17 thousand
59 · Coated and technical textiles$121 thousand$117 thousand
55 · Synthetic staple fibers$90 thousand$234 thousand
31 · Fertilizers$87 thousand$347 thousand
58 · Special fabrics and lace$84 thousand$78 thousand
45 · Cork$80 thousand$12 thousand
57 · Carpets and rugs$80 thousand$1 million
41 · Hides and leather$79 thousand$368
65 · Hats$62 thousand$418 thousand
91 · Watches and clocks$41 thousand$4 million
05 · Other animal products$40 thousand$191 thousand
66 · Umbrellas and canes$39 thousand$192 thousand
75 · Nickel$27 thousand$194 thousand
80 · Tin$24 thousand$4 thousand
67 · Feathers and artificial flowers$20 thousand$625 thousand
92 · Musical instruments$19 thousand$141 thousand
81 · Other base metals$15 thousand$23 thousand
12 · Oilseeds and grains$14 thousand$634 thousand
52 · Cotton$14 thousand$94 thousand
51 · Wool$6 thousand$106
06 · Live plants and flowers$6 thousand$2 million
13 · Gums and plant extracts$5 thousand$52 thousand
60 · Knitted fabric$5 thousand$122 thousand
43 · Fur and fur goods$3 thousand$60
46 · Wicker and basketware$3 thousand$184 thousand
93 · Weapons and ammunition$1 thousand$368 thousand
53 · Other plant fibers$341$34 thousand
14 · Other plant products$166$12 thousand
50 · Silk$0$36

Trading partners

Its main destination is Armenia (69.6% of exports) and its main source is the United States (47.3% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Armenia23769.6%Air
Netherlands25.57.5%Sea
United States23.77%Sea
Guyana9.62.8%Sea
Paraguay5.41.6%Sea
Taiwan4.41.3%Sea
India3.20.94%Sea
Suriname3.10.9%Air
Saudi Arabia30.87%Sea
Barbados30.87%Sea

Who it buys from

PartnerValue (USD millions)ShareMode
United States76847.3%Sea
Netherlands34221.1%Sea
China87.45.4%Sea
Brazil48.83%Sea
Japan32.52%Sea
Colombia30.71.9%Sea
Armenia26.81.7%Sea
Germany21.81.3%Sea
Belgium20.91.3%Sea
India18.21.1%Sea

Overview 1995–2024

In 2024, Curaçao accounted for 0% of world exports, compared with 0.02% in 1995.

Exports and imports

Exports fell 72% since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 0.3
  • Imports 1.6
  • Balance -1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$2.5 billion-$1.3 billion
1996$1.6 billion$3.4 billion-$1.8 billion
1997$1.4 billion$2.9 billion-$1.6 billion
1998$1.9 billion$4.8 billion-$2.8 billion
1999$1.1 billion$3.6 billion-$2.4 billion
2000$1.7 billion$4.3 billion-$2.6 billion
2001$1.5 billion$4.5 billion-$2.9 billion
2002$1.2 billion$3.7 billion-$2.5 billion
2003$1.4 billion$6.2 billion-$4.9 billion
2004$1.6 billion$2.9 billion-$1.3 billion
2005$3.1 billion$4.2 billion-$1 billion
2006$3.9 billion$6.9 billion-$3 billion
2007$4.1 billion$4.3 billion-$227 million
2008$3.5 billion$19 billion-$15.5 billion
2009$3.2 billion$4.7 billion-$1.4 billion
2010$1.7 billion$3 billion-$1.2 billion
2011$3.8 billion$4.2 billion-$451 million
2012$4.3 billion$4.6 billion-$360 million
2013$4.1 billion$2.9 billion$1.2 billion
2014$2.7 billion$2.8 billion-$111 million
2015$1.7 billion$2.2 billion-$561 million
2016$1.7 billion$1.7 billion-$21 million
2017$1.3 billion$1.9 billion-$556 million
2018$733 million$2.5 billion-$1.8 billion
2019$467 million$1.5 billion-$1 billion
2020$202 million$1.2 billion-$1 billion
2021$328 million$1.1 billion-$755 million
2022$387 million$1.3 billion-$930 million
2023$375 million$1.2 billion-$863 million
2024$341 million$1.6 billion-$1.3 billion

World rank

Curaçao fell from 109th to 173rd among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 109th in 1995
  • 173rd in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995109th
1996106th
1997111th
199896th
1999114th
2000113th
2001116th
2002121st
2003123rd
2004125th
2005110th
2006116th
2007113th
2008121st
2009114th
2010142nd
2011124th
2012121st
2013122nd
2014136th
2015143rd
2016141st
2017154th
2018166th
2019171st
2020185th
2021175th
2022179th
2023174th
2024173rd

What it sells

Gems and precious metals became its top export group: from 8% to 31%

% of exports by Harmonized System chapter.

  • Other 28%
  • Meat and offal 2%
  • Iron and steel products 3%
  • Vehicles 3%
  • Precision and medical instruments 4%
  • Electrical and electronic equipment 10%
  • Mechanical machinery 10%
  • Oil, gas and coal 10%
  • Gems and precious metals 31%

Source: CEPII BACI

Show the numbers
Chapter19952024
Gems and precious metals8%30.6%
Oil, gas and coal67.2%10%
Mechanical machinery0.58%10%
Electrical and electronic equipment0.58%9.8%
Precision and medical instruments0.94%4.1%
Vehicles0.17%2.8%
Iron and steel products0.12%2.7%
Meat and offal0%2.1%
Other22.4%27.9%

Who it trades with

The United States went from 19% to 40% of Curaçao's trade

% of total trade (exports + imports) with each partner.

  • United States 40%
  • Netherlands 19%
  • Armenia 13%
  • China 4%
  • Brazil 3%

Source: CEPII BACI

Show the numbers
Partner19952024
United States19.5%40.3%
Netherlands8%18.7%
Armenia0%13.4%
China0.18%4.5%
Brazil4.8%2.5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Main partners

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