Aruba

In 2012, the value of merchandise exports of Aruba increased substantially by 14.3 percent to reach 173.1 mln US$, while its merchandise imports decreased slightly by 2.0 percent to reach 1.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 1.1 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -570.3 mln US$ (see graph 4). Merchandise exports in Aruba were highly concentrated amongst partners; imports were moderately concentrated. The top 3 partners accounted for 80 percent or more of exports and 7 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Aruba increased slightly by 4.8 percent, reaching 1.8 bln US$, while its imports of services decreased slightly by 2.8 percent and reached 820.1 mln US$ (see graph 2). There was a large trade in services surplus of 938.5 mln US$.

Related Subject(s): International Trade and Finance

Countries: Aruba