Net trade in goods in Aruba
Aruba: Net trade in goods was -1.22 billion BoP, current US$ in 2023. ◆ Volatile
Net trade in goods in Aruba, 1986–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net trade in goods in Aruba stood at -1.22 billion BoP, current US$. That is the lowest value across all 38 years on record.
The figure is down 4.8% on the previous year and down 11.7% over ten years.
Over the whole period, net trade in goods in Aruba peaked at 966.03 million BoP, current US$ in 1996 and was at its lowest, -1.22 billion BoP, current US$, in 2023.
That places Aruba 115th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -235.70 million BoP, current US$ | -289.94 million BoP, current US$ | -180.89 million BoP, current US$ | 4 |
| 1990s | -19.56 million BoP, current US$ | -640.53 million BoP, current US$ | 966.03 million BoP, current US$ | 10 |
| 2000s | -408.41 million BoP, current US$ | -903.84 million BoP, current US$ | 119.98 million BoP, current US$ | 10 |
| 2010s | -958.53 million BoP, current US$ | -1.13 billion BoP, current US$ | -656.03 million BoP, current US$ | 10 |
| 2020s | -1.03 billion BoP, current US$ | -1.22 billion BoP, current US$ | -775.85 million BoP, current US$ | 4 |
Countries ranked near Aruba
- 112 New Zealand -1.01 billion BoP, current US$ compare
- 113 Gambia -1.03 billion BoP, current US$ compare
- 114 Bermuda -1.20 billion BoP, current US$ compare
- 116 Zimbabwe -1.26 billion BoP, current US$ compare
- 117 Curacao -1.27 billion BoP, current US$ compare
- 118 French Polynesia -1.31 billion 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 in Aruba?
- Net trade in goods in Aruba was -1.22 billion 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 recorded in Aruba?
- The highest recorded value was 966.03 million BoP, current US$ in 1996.
- What is the lowest net trade in goods recorded in Aruba?
- The lowest recorded value was -1.22 billion BoP, current US$ in 2023.
- How does Aruba rank for net trade in goods?
- Aruba ranks 115th out of 199 countries with data for 2023.
- Is net trade in goods rising or falling in Aruba?
- Over the last ten years it is down 11.7%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.