Aruba

Aruba ranked No. 116 in total trade value through May with a total of $149.88 million. Exports totaled $144.44 million and Imports totaled $5.44 million, a surplus of $138.99 million.

U.S. trade with Aruba rose to $130.18 million through May

Aruba’s trade with the United States rose to $130.18 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.37 percent below its total trade during the same time period last year. U.S. exports to Aruba decreased 23.53 percent while U.S. imports from Aruba fell 19.14 percent. The U.S. surplus with Aruba was $120.05 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Port of Lake Charles, La.; No. 3 Miami Int’l Airport; No. 4 Low-Valued Imports and Exports; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port Everglades, Fla.; No. 2 Port of Lake Charles, La.; No. 3 Miami Int’l Airport; No. 4 John F. Kennedy International Airport and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 82.74 percent of Aruba’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 26.38 percent to $75.45 million.
    Exports fell 26.09 percent to $74.77 million. Imports fell 48.94 percent to $677,156.
  • Trade with No. 2 Port of Lake Charles, La. rose 10.02 percent to $24.07 million.
    Exports rose 10.02 percent to $24.07 million. There were no imports.
  • Trade with No. 3 Miami Int’l Airport fell 18.56 percent to $10.37 million.
    Exports fell 31.54 percent to $8.21 million. Imports rose 194.62 percent to $2.15 million.
  • Trade with No. 4 Low-Valued Imports and Exports fell 21.58 percent to $8.28 million.
    Exports fell 21.58 percent to $8.28 million. There were no imports.
  • Trade with No. 5 Port of New Orleans fell 42.85 percent to $5.84 million.
    Exports fell 42.8 percent to $5.75 million. Imports fell 45.81 percent to $93,092.

Aruba ranked No. 116 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 115.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Aruba by value through May were the categories of Gasoline, other fuels; Low value shipments; Jewelry, parts; Prepared foods, beverages; and Cell phones, related equipment, respectively. They accounted for 34.18 percent of total exports to Aruba.

The value of the top five categories of U.S. imports from Aruba –– Returned exports, without change; Soap, related soap products; Scrap of precious metal; Make-up and skin-care products; and Estimates of low-value imports –– accounted for 91.19 percent of all inbound shipments.

Looking more closely at U.S. exports to Aruba:

  • Gasoline, other fuels rose 8.9 percent compared to last year to $24.97 million.
  • Low value shipments fell 21.58 percent compared to last year to $8.28 million.
  • Jewelry, parts fell 62.15 percent compared to last year to $6.54 million.
  • Prepared foods, beverages fell 12.56 percent compared to last year to $4.88 million.
  • Cell phones, related equipment fell 42.39 percent compared to last year to $4.69 million.

Looking more closely at U.S. imports from Aruba:

  • Returned exports, without change fell 37.48 percent compared to last year to $3.9 million.
  • Soap, related soap products fell 50.53 percent compared to last year to $341,165.
  • Scrap of precious metal rose 64.3 percent compared to last year to $334,051.
  • Make-up and skin-care products fell 45.58 percent compared to last year to $243,422.
  • Estimates of low-value imports fell 6.12 percent compared to last year to $144,183.

In the latest annual figures available, Aruba recorded $539.08 million in trade with the United States. Total U.S. exports to Aruba were $ 519.24 million and imports from Aruba were $19.84 million. The U.S. surplus with Aruba was $499.39 million.