Net trade in goods and services in Aruba
Aruba: Net trade in goods and services was 587.86 million BoP, current US$ in 2023. ◆ Volatile
Net trade in goods and services in Aruba, 1986–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net trade in goods and services in Aruba stood at 587.86 million BoP, current US$.
The figure is up 38.7% on the previous year and up 672.5% over ten years.
Over the whole period, net trade in goods and services in Aruba peaked at 766.37 million BoP, current US$ in 2007 and was at its lowest, -339.90 million BoP, current US$, in 1999.
That places Aruba 67th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -21.77 million BoP, current US$ | -38.77 million BoP, current US$ | -7.43 million BoP, current US$ | 4 |
| 1990s | -78.78 million BoP, current US$ | -339.90 million BoP, current US$ | 85.03 million BoP, current US$ | 10 |
| 2000s | 365.30 million BoP, current US$ | -137.74 million BoP, current US$ | 766.37 million BoP, current US$ | 10 |
| 2010s | 158.89 million BoP, current US$ | -248.94 million BoP, current US$ | 333.53 million BoP, current US$ | 10 |
| 2020s | 266.20 million BoP, current US$ | -200.49 million BoP, current US$ | 587.86 million BoP, current US$ | 4 |
Countries ranked near Aruba
- 64 Zambia 688.73 million BoP, current US$ compare
- 65 Andorra 645.19 million BoP, current US$ compare
- 66 San Marino 628.49 million BoP, current US$ compare
- 68 Djibouti 484.90 million BoP, current US$ compare
- 69 Estonia 460.27 million BoP, current US$ compare
- 70 Gabon 340.70 million BoP, current US$ compare
More economy & growth data for Aruba
- Gross capital formation 1.92 billion current LCU (2024)
- Exports of goods and services 3.58 billion current US$ (2024)
- Exports of goods and services 6.41 billion current LCU (2024)
- Exports of goods and services 86.0% (2024)
- Changes in inventories 65.38 million current US$ (2009)
- Changes in inventories 117.03 million current LCU (2009)
- Gross capital formation 1.07 billion current US$ (2024)
- Imports of goods and services 5.83 billion current LCU (2024)
- External balance on goods and services 325.03 million current US$ (2024)
- Imports of goods and services 78.2% (2024)
Frequently asked questions
- What is net trade in goods and services in Aruba?
- Net trade in goods and services in Aruba was 587.86 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Aruba?
- The highest recorded value was 766.37 million BoP, current US$ in 2007.
- What is the lowest net trade in goods and services recorded in Aruba?
- The lowest recorded value was -339.90 million BoP, current US$ in 1999.
- How does Aruba rank for net trade in goods and services?
- Aruba ranks 67th out of 199 countries with data for 2023.
- Is net trade in goods and services rising or falling in Aruba?
- Over the last ten years it is up 672.5%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.