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Pricing

2022
Flag → Flag
Exports $110kRnk 201 / 222
2022
Flag → Flag
Top Product $46.9kOther Furniture
2022
Flag → Flag
Exports $138kRnk 38 / 85
2022
Flag → Flag
Top Product $24.5kWashing and Bottling Machines
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

About

Belgium-Turks and Caicos Islands Trade: In 2022, Belgium exported $110k to Turks and Caicos Islands. The main products that Belgium exported to Turks and Caicos Islands were Other Furniture ($46.9k), Seats ($43.3k), and Mattresses ($20k). Over the past 5 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 51.2%, from $13.9k in 2017 to $110k in 2022.

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

Turks and Caicos Islands-Belgium Trade: In 2022, Turks and Caicos Islands exported $138k 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). Over the past 5 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 78%,  from $7.71k in 2017 to $138k 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.

Latest Trends

March, 2024

About

Overview In March 2024, Belgium exported €21.1k and imported €145 from Turks and Caicos Islands, resulting in a positive trade balance of €21k. Between March 2023 and March 2024 the exports of Belgium have increased by €16.8k (390%) from €4.31k to €21.1k, while imports increased by €139 (2.32k%) from €6 to €145.

Trade In March 2024, the top exports of Belgium to Turks and Caicos Islands were Man-made filaments (€704) and Books, newspapers, & other prints (€1). In March 2024 the top imports of Belgium from Turks and Caicos Islands were Electrical machinery and electronics (€1.16k).

Growth In March 2024, the increase in Belgium's year-by-year exports to Turks and Caicos Islands was explained primarily by an increase in product exports in . In February 2024, the increase in Belgium's year-by-year imports  from Turks and Caicos Islands was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)€16.8k(390%)
IMPORT GROWTH (February 2023 - February 2024)€139(2.32k%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Turks and Caicos Islands and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $110k 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 5 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 51.2%, from $13.9k in 2017 to $110k in 2022.

In 2017, Turks and Caicos Islands exported $138k 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 16 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 78%, from $7.71k in 2001 to $138k in 2017.

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 DestinationGermany$91.9B
Turks and Caicos Islands
Top DestinationTogo$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 2022, countries that imported more from Belgium than Turks and Caicos Islands included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, 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 2017, Turks and Caicos Islands had a large net trade with Belgium in the exports of Machines ($27.3k), Textiles ($252), and Foodstuffs ($51).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Turks and Caicos Islands+N/AN/A
Top Product Potential Turks and Caicos Islands Belgium+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Turks and Caicos Islands. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Turks and Caicos Islands. Similarly, a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Belgium.

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

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