Curacao

Curacao ranked No. 120 in total trade value through June with a total of $149.38 million. Exports totaled $136.04 million and Imports totaled $13.34 million, a surplus of $122.7 million.

U.S. trade with Curacao rose to $149.38 million through June

Curacao’s trade with the United States rose to $149.38 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.04 percent below its total trade during the same time period last year. U.S. exports to Curacao decreased 15.5 percent while U.S. imports from Curacao fell 67.44 percent. The U.S. surplus with Curacao was $122.7 million.

Through June, 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 Port of Houston; No. 4 Miami Int’l Airport; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 Port Everglades, Fla.; No. 2 Aguadilla Rafael Hernandez Airport, P.R.; No. 3 Port of New Orleans; No. 4 Port of Lake Charles, La. and No. 5 Miami Int’l Airport. In the current time period, the top five accounted for 75.22 percent of Curacao’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 16.46 percent to $61.31 million.
    Exports fell 18.13 percent to $58.76 million. Imports rose 58.44 percent to $2.55 million.
  • Trade with No. 2 Port of Lake Charles, La. rose 37.08 percent to $18.77 million.
    Exports rose 37.08 percent to $18.77 million. There were no imports.
  • Trade with No. 3 Port of Houston rose 241.08 percent to $13.86 million.
    Exports rose 360.75 percent to $13.72 million. Imports fell 86.99 percent to $141,327.
  • Trade with No. 4 Miami Int’l Airport fell 17.5 percent to $10.88 million.
    Exports fell 10.7 percent to $10.31 million. Imports fell 65.41 percent to $566,902.
  • Trade with No. 5 Low-Valued Imports and Exports fell 14.21 percent to $7.55 million.
    Exports fell 14.21 percent to $7.55 million. There were no imports.

Curacao ranked No. 120 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 120.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Curacao by value through June were the categories of Gasoline, other fuels; Low value shipments; Passenger vehicles; Prepared foods, beverages; and Perfumes, respectively. They accounted for 39.02 percent of total exports to Curacao.

The value of the top five categories of U.S. imports from Curacao –– Returned exports, without change; Petroleum products; Gold; Bitumen and asphalt, shale and tar sands; and Electrical supplies, apparatus, less than 1000V –– accounted for 86.6 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 14.32 percent compared to last year to $30.72 million.
  • Low value shipments fell 14.21 percent compared to last year to $7.55 million.
  • Passenger vehicles fell 21.88 percent compared to last year to $6.41 million.
  • Prepared foods, beverages rose 1.85 percent compared to last year to $4.34 million.
  • Perfumes fell 57.48 percent compared to last year to $4.07 million.

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

  • Returned exports, without change rose 10.43 percent compared to last year to $3.71 million.
  • Petroleum products fell 30.95 percent compared to last year to $2.64 million.
  • Gold fell 92.66 percent compared to last year to $1.83 million.
  • Bitumen and asphalt, shale and tar sands totaled $1.81 million. The previous year, there were no imports in this category.
  • Electrical supplies, apparatus, less than 1000V rose 177.44 percent compared to last year to $1.58 million.

In the latest annual figures available, Curacao recorded $467.49 million in trade with the United States. Total U.S. exports to Curacao were $ 396.04 million and imports from Curacao were $71.45 million. The U.S. surplus with Curacao was $324.59 million.