Foreign Trade, First Quarter 2020

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The Central Bureau of Statistics in Aruba presents the most important findings for the Foreign Trade of the 1st quarter 2020.

Total Import

May 15, 2020

FIRST QUARTER 2020 FOREIGN TRADE

IMPORT mln. kg % change
To Aruba by Sea To Aruba by Air To Aruba

To the Free Zone Total Import

By Large companies*

↓

↓

↓

↓

↓

↑

144.8

0.9

145.7

1.1

146.8

24.4

-8.1

-25.7

-8.2

-14.9

-8.2

17.2

IMPORT mln. Afl. % change
To Aruba by Sea To Aruba by Air To Aruba

To the Free Zone Total Import

By Large companies*

↓

↓

↓

↓

↓

↑

402.3

95.6

497.9

12.0

509.9

54.3

-4.5

-7.6

-5.1

-28.1

-5.8

13.5

EXPORT mln. kg % change
From Aruba by Sea From Aruba by Air From Aruba

From the Free Zone Total Export

By Large companies*

↑

↑

↑

↓

↓

↓

4.1

0.1

4.2

0.7

4.9

0.0

3.7

13.4

3.8

-23.3

-1.5

-77.4

EXPORT mln. Afl. % change
From Aruba by Sea ↓ 6.8 -31.6

From Aruba by Air ↑ 8.6 6.9

From Aruba ↓ 15.4 -14.5 From the Free Zone ↓ 10.8 -20.9 Total Export ↓ 26.2 -17.2

By Large companies* ↑ 0.1 1,123.4

The % change is determined by comparing the 1st quarter of 2020 with the 1st quarter of 2019.

*Large companies refers to the fo llo wing companies: Valero , A rugas, Web, Elmar and Setar

The total import, in terms of weight, registered a decrease of 8.2% in the first quarter of 2020 (146.8 mln kg) compared to the same period in 2019 (159.9 mln kg), while, in terms of value, the total import decreased by 5.8%, from Afl. 541.5 mln to Afl. 509.9 mln.

Import to the free circulation area of Aruba* (weight)

Import to the free circulation area of Aruba, in terms of weight, registered a decrease of 8.2% in the first quarter of 2020 (145.7 mln kg), compared to the same period in 2019 (158.7 mln kg). During this period eleven (11) of the twenty-one (21) sections registered decreases in terms of weight in import to the free circulation area of Aruba. The largest decreases are observed for the sections “Mineral products” (-14.3 mln. kg), “Machinery & electro technical equipment (new & renewed)” (-0.6 mln. kg) and “Miscellaneous manufactured articles” (-0.3 mln. kg). The largest increases are seen for the section “Wood, charcoal and woodwork” (0.7 mln. kg) and “Chemical products” (0.7 mln kg). Furthermore, increases were registered for the “Food products” (0.6 mln kg) and “Vegetable products” (0.2 mln kg) sections.

Import to the free circulation area of Aruba* (value)

Import to the free circulation area of Aruba, in terms of value, registered a decrease of 5.1% in the first quarter of 2020 (Afl. 497.9 mln) compared to the same period in 2019 (Afl. 524.7 mln). Fourteen (14) of the twenty- one (21) sections, registered decreases in terms of value in import to the free circulation area of Aruba. The largest decreases are observed for the sections “Machinery & electro technical equipment (new & renewed)” (Afl. -7.0 mln), “Real pearls (natural) and other precious stones” (Afl. -5.6 mln.) and “Transport equipment” (Afl. -5.2 mln). The largest increase is seen for the section “Chemical products” (Afl. 2.9 mln). Furthermore, increases were registered for the “Base metals and derivated works” (Afl. 2.1 mln) and “Artificial plastic elements” (Afl. 1.5 mln) sections.

The abovementioned Import (to the free calculation area of Aruba) is the result of Import by Sea and Import by Air, which had the following effects:

Import to the free circulation area of Aruba* by Sea

Import by Sea to the free circulation area of Aruba, in terms of weight, registered a decrease of 8.1% in the first quarter of 2020 (144.8 mln kg) compared to the same period in 2019 (157.5 mln kg), while, in terms of value, the import by Sea decreased by 4.5% from Afl. 421.3 mln to Afl. 402.3 mln.

Import to the free circulation area of Aruba* by Air

Import by Air to the free circulation area of Aruba, in terms of weight, decreased by 25.7% from 1.17 mln kg in the first quarter of 2019 to 0.87 mln kg in the first quarter of 2020, while, in terms of value, the import by Air decreased by 7.6% from Afl. 103.5 mln to Afl. 95.6 mln.

Import to the free circulation area of Aruba* by Large companies**

Import by “Large companies”, in terms of weight, increased by 17.2% from 20.8 mln kg in the first quarter of 2019 to 24.4 mln kg in the first quarter of 2020, while, in terms of value, i t increased by 13.5% from Afl. 47.8 mln to Afl. 54.3 mln.

* Free circulation area of Aruba: all goods entering or leaving the economic territory of Aruba, excluding the Free Zone

** Large companies refers to the following companies: Valero, Arugas, Web, Elmar and Setar

Total Export

The total export, in terms of weight, registered a decrease of 1.5% in the first quarter of 2020 (4.9 mln kg) compared to the same period of 2019 (5.0 mln kg), while, in terms of value, the total export decreased by 17.2% from Afl. 31.6 mln to Afl. 26.2 mln.

Export from the free circulation area of Aruba* (weight)

Export from the free circulation area of Aruba, in terms of weight, registered an increase of 3.8% in the first quarter of 2020 (4.2 mln kg) compared to the same period in 2019 (4.0 mln kg). Ten (10) of the twenty-one (21) sections, registered increases in terms of weight in the export from the free circulation area of Aruba. The largest increases are observed for the sections “Materials for the manufacture of paper, paperwork” (0.4 mln. kg), “Food products” (0.2 mln. kg) and “Fats and oils” (0.1 mln. kg). The largest decreases are observed for the sections “Base metals and derivated works” (-0.4 mln kg), “Works of art, collectors pieces and antiques” (-0.1 mln kg) and “Transport equipment” (-0.1 mln kg).

Export from the free circulation area of Aruba* (value)

Export from the free circulation area of Aruba, in terms of value, registered a decrease of 14.5% in the first quarter of 2020 (Afl. 15.4 mln) compared to the same period in 2019 (Afl. 18.0 mln). Eight (8) of the twenty-one (21) sections, registered decreases in terms of value in the export from the free circulation area of Aruba. The largest decreases are observed for the sections “Transport equipment” (Afl. -3.4 mln), “Chemical products” (Afl. -1.0 mln) and “Works of art, collectors pieces and antiques” (Afl. -0.6 mln).

The largest increases are observed for the sections “Machinery & electro technical equipment (new & renewed)” (Afl. 0.8 mln), “Base metals and derivated works” (Afl. 0.5 mln) and “Miscellaneous manufactured articles” (Afl. 0.4 mln). q