In 2019, Aruba exported a total of $80.4M, making it the number 194 exporter in the world. During the last five reported years the exports of Aruba have changed by -$600M from $680M in 2014 to $80.4M in 2019.
In 2019 Aruba imported $1.08B, making it the number 174 trade destination in the world. During the last five reported years the imports of Aruba changed by -$2.56B from $3.64B in 2014 to $1.08B in 2019.
In 2016, Aruba exported $2.06B worth of services. The top services exported by Aruba in 2016 were Travel ($1.63B), Other business services ($248M), Transportation ($108M), Government services, n.i.e. ($29.2M), and Computer and information services ($22.1M).
The top services imported by Aruba in 2016 were Travel ($319M), Other business services ($258M), Transportation ($110M), Computer and information services ($60M), and Government services, n.i.e. ($44.3M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
This network shows the products most related to the production structure of Aruba. These are products that tend to be co-exported with the products that Aruba exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.