2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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 GDP
$1.14BCURRENT US$
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2012-2022
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GDP GROWTH
56.6%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$24,918CURRENT US$
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2012-2022
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GDP PC GROWTH
9.93%CURRENT US$
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About

Belgium-Turks and Caicos Islands In 2022, Belgium exported $179k to Turks and Caicos Islands. The main products that Belgium exported to Turks and Caicos Islands are Other Furniture ($46.9k), Seats ($43.3k), and Mattresses ($20k). During the last 23 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 11.8%, from $13.9k in 1999 to $179k in 2022.

In 2022, Belgium did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Belgium In 2022, Turks and Caicos Islands exported $27.7k to Belgium. The main products that Turks and Caicos Islands exported to Belgium were Washing and Bottling Machines ($24.5k), Centrifuges ($2.81k), and Non-Knit Women's Suits ($175). During the last 23 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 5.71%, from $7.71k in 1999 to $27.7k in 2022.

In 2022, Turks and Caicos Islands did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $179k to Turks and Caicos Islands. The main products exported from Belgium to Turks and Caicos Islands were Other Furniture ($46.9k), Seats ($43.3k), and Mattresses ($20k). During the last 23 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 11.8%, from $13.9k in 1999 to $179k in 2022.

In 2022, Turks and Caicos Islands exported $27.7k to Belgium. The main products exported from Turks and Caicos Islands to Belgium were Washing and Bottling Machines ($24.5k), Centrifuges ($2.81k), and Non-Knit Women's Suits ($175). During the last 21 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 5.71%, from $7.71k in 2001 to $27.7k in 2022.

Exports from Belgium (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Turks and Caicos Islands
Top Destination
Togo$25.1M

This map shows whether countries import more from Belgium or Turks and Caicos Islands. Each country is colored based on the difference in imports they receive from Belgium and Turks and Caicos Islands or the difference in the growth in imports.

In 2021, countries that imported more from Belgium than Turks and Caicos Islands were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Turks and Caicos Islands than from Belgium.

Difference in imports from Turks and Caicos Islands (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Turks and Caicos Islands

Flow
Scale

This chart compares trade between Belgium and Turks and Caicos Islands by product, considering products traded by both, Belgium and Turks and Caicos Islands.

During 2022, Belgium had a large net trade with Turks and Caicos Islands in the exports of Miscellaneous ($124k), Textiles ($21.4k), and Chemical Products ($8.55k).

During 2022, Turks and Caicos Islands had a large net trade with Belgium in the exports of Machines ($27.3k), Textiles ($252), and Foodstuffs ($51).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Turks and Caicos Islands. Similarly, the more yellow a dot/product is, the more Turks and Caicos Islands has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Turks and Caicos Islands (Flag) (2022)

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