Aruba

Aruba ranked No. 116 in total trade value through August with a total of $234.15 million. Exports totaled $205.98 million and Imports totaled $28.17 million, a surplus of $177.81 million.

U.S. trade with Aruba rose to $234.15 million through August

Aruba’s trade with the United States rose to $234.15 million through the first eight months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 31.26 percent below its total trade during the same time period last year. U.S. exports to Aruba decreased 37.13 percent while U.S. imports from Aruba rose 116.58 percent. The U.S. surplus with Aruba was $177.81 million.

Through August, 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 Boston’s Logan International Airport; 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 Port of Lake Charles, La.; No. 3 Miami Int’l Airport; No. 4 Low-Valued Imports and Exports and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 78.85 percent of Aruba’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 30.86 percent to $117.73 million.
    Exports fell 30.23 percent to $116.31 million. Imports fell 60.2 percent to $1.42 million.
  • Trade with No. 2 Port of Lake Charles, La. fell 45.35 percent to $24.07 million.
    Exports fell 45.35 percent to $24.07 million. There were no imports.
  • Trade with No. 3 Boston’s Logan International Airport rose 49802 percent to $19 million.
    There were no exports. Imports totaled $19 million.
  • Trade with No. 4 Miami Int’l Airport fell 34.53 percent to $12.22 million.
    Exports fell 43.37 percent to $9.95 million. Imports rose 107.14 percent to $2.27 million.
  • Trade with No. 5 Low-Valued Imports and Exports fell 34.69 percent to $11.61 million.
    Exports fell 34.69 percent to $11.61 million. There were no imports.

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 $2.4 trillion, down 13.21 percent compared to the same period last year. The nation’s exports dropped 16.18 percent to $917.89 billion; imports dropped 11.26 percent to $1.48 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $564.57 billion, down compared to the same period of last year when the deficit was $575.47 billion.

The top five U.S. exports to Aruba by value through August were the categories of Gasoline, other fuels; Low value shipments; Prepared foods, beverages; Jewelry, parts; and Cell phones, related equipment, respectively. They accounted for 29.57 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 97.92 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 48.11 percent compared to last year to $27.07 million.
  • Low value shipments fell 34.69 percent compared to last year to $11.61 million.
  • Prepared foods, beverages fell 13.76 percent compared to last year to $8.01 million.
  • Jewelry, parts fell 66.21 percent compared to last year to $7.18 million.
  • Cell phones, related equipment fell 34.05 percent compared to last year to $7.04 million.

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

  • Returned exports, without change rose 229.98 percent compared to last year to $25.7 million.
  • Soap, related soap products fell 74.75 percent compared to last year to $717,972.
  • Scrap of precious metal rose 28.92 percent compared to last year to $507,672.
  • Make-up and skin-care products fell 28.96 percent compared to last year to $461,303.
  • Estimates of low-value imports fell 16.25 percent compared to last year to $201,241.

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.