USA-Aruba Bilateral Trade Analysis 2023

Complete trade statistics: $601.08M total volume •USA surplus: $593.61M

USAAruba

$597.34M

Exports (2023)

ArubaUSA

$3.73M

Imports (2023)

Trade Balance

$593.61M

Surplus for USA

Total Trade

$601.08M

Combined Volume

Trade Flow Visualization

Direct trade relationship between USA and Aruba. Green line shows exports from USA, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Aruba commercial relationship and competitive positioning in global markets.

USAAruba Exports

$597.34M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
27.7% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$165.19M
27.7% of exports
2Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$22.80M
3.8% of exports
3Meat: of bovine animals, boneless cuts, frozen
$13.98M
2.3% of exports
4Insulated electric conductors: optical fibre cables
$10.14M
1.7% of exports
5Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$9.28M
1.6% of exports

🎯 Strategic Export Focus

USA's export portfolio to Aruba demonstrates strategic specialization, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

ArubaUSA Imports

$3.73M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
22.5% concentration
1Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals
$839,103
22.5% of imports
2Whiskies
$826,912
22.2% of imports
3Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
$743,749
19.9% of imports
4Soap: in forms n.e.c. in item no. 3401.11
$327,274
8.8% of imports
5Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$88,181
2.4% of imports

📦 Import Strategy Analysis

USA's import pattern from Aruba reveals significant dependencyin waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Aruba, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $601.08M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: USA-Aruba Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $601.08 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $593.61 million
  • Export Focus: USA's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, meat: of bovine animals, boneless cuts, frozen
  • Import Dependencies: Key imports from Aruba include waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals, whiskies, cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $601.08M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

USA's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Aruba's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $601.08M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $601.08M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $601.08 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

USA's trade surplus of $593.61 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof present expansion opportunities.
Market Diversification
Beyond current focus on waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between USA and Aruba represents a total trade volume of $601.08 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $593.61 million.

Export Strengths

USA's exports to Aruba total $597.34 million, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $165.19M or27.7% of bilateral exports.

Import Dependencies

Imports from Aruba amount to $3.73 million, highlighting economic interdependence in waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals, with Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals comprising22.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023