2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Brazil-Turks and Caicos Islands Trade: In 2023, Brazil exported $2.15M to Turks and Caicos Islands. The main products that Brazil exported to Turks and Caicos Islands were Plywood ($864k), Unglazed Ceramics ($417k), and Cars ($389k). Over the past 5 years the exports of Brazil to Turks and Caicos Islands have decreased at an annualized rate of 35.9%, from $19.9M in 2018 to $2.15M in 2023.

In 2023, Brazil did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Brazil Trade: In 2023, Turks and Caicos Islands exported $9.24k to Brazil. The main products that Turks and Caicos Islands exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($4.98k), Valves ($1.4k), and Hand-Woven Rugs ($1.13k). Over the past 5 years the exports of Turks and Caicos Islands to Brazil have increased at an annualized rate of 45.5%,  from $668 in 2018 to $9.24k in 2023.

In 2023, Turks and Caicos Islands did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $2.15M to Turks and Caicos Islands. The main products exported from Brazil to Turks and Caicos Islands were Plywood ($864k), Unglazed Ceramics ($417k), and Cars ($389k). During the last 5 years the exports of Brazil to Turks and Caicos Islands have decreased at an annualized rate of 35.9%, from $19.9M in 2018 to $2.15M in 2023.

In 2018, Turks and Caicos Islands exported $9.24k to Brazil. The main products exported from Turks and Caicos Islands to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($4.98k), Valves ($1.4k), and Hand-Woven Rugs ($1.13k). During the last 5 years the exports of Turks and Caicos Islands to Brazil have increased at an annualized rate of 45.5%, from $668 in 2023 to $9.24k in 2018.

Exports from Brazil (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Brazil than Turks and Caicos Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Turks and Caicos Islands than from Brazil.

Difference in imports from Turks and Caicos Islands (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Turks and Caicos Islands

Flow
Scale

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

During 2023, Brazil had a large net trade with Turks and Caicos Islands in the exports of Wood Products ($914k), Stone And Glass ($418k), and Transportation ($398k).

During 2018, Turks and Caicos Islands had a large net trade with Brazil in the exports of Transportation ($4.98k), Machines ($1.65k), and Textiles ($1.13k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Turks and Caicos Islands. This means that a dot/product with the flag of Brazil 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 Brazil.

Product Space of Brazil (Flag) and Turks and Caicos Islands (Flag) (2023)

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