2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%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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GDP PC 
$92,101CURRENT US$
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GDP PC GROWTH
7.3%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

Switzerland-Turks and Caicos Islands Trade: In 2022, Switzerland exported $10.6M to Turks and Caicos Islands. The main products that Switzerland exported to Turks and Caicos Islands were Gold ($5.89M), Base Metal Watches ($2.55M), and Precious Metal Watches ($1.48M). Over the past 5 years the exports of Switzerland to Turks and Caicos Islands have increased at an annualized rate of 26.1%, from $3.33M in 2017 to $10.6M in 2022.

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

Turks and Caicos Islands-Switzerland Trade: In 2022, Turks and Caicos Islands exported $173k to Switzerland. The main products that Turks and Caicos Islands exported to Switzerland were N/A. Over the past 5 years the exports of Turks and Caicos Islands to Switzerland have increased at an annualized rate of 39.7%,  from $32.5k in 2017 to $173k in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). 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, Switzerland exported $10.6M to Turks and Caicos Islands. The main products exported from Switzerland to Turks and Caicos Islands were Gold ($5.89M), Base Metal Watches ($2.55M), and Precious Metal Watches ($1.48M). During the last 5 years the exports of Switzerland to Turks and Caicos Islands have increased at an annualized rate of 26.1%, from $3.33M in 2017 to $10.6M in 2022.

In 2016, Turks and Caicos Islands exported $173k to Switzerland. There were not main exports from Turks and Caicos Islands to Switzerland in 2016. During the last 5 years the exports of Turks and Caicos Islands to Switzerland have increased at an annualized rate of 39.7%, from $32.5k in 2021 to $173k in 2016.

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

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

Latest Data

Trade between Switzerland (Flag) and Turks and Caicos Islands (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Switzerland than Turks and Caicos Islands included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Turks and Caicos Islands than Switzerland included Togo ($25.1M).

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

Comparative Advantage Switzerland - Turks and Caicos Islands

Flow
Scale

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

During 2022, Switzerland had a large net trade with Turks and Caicos Islands in the exports of Precious Metals ($6.29M), Instruments ($4.03M), and Machines ($103k).

During 2016, Turks and Caicos Islands had a large net trade with Switzerland in the exports of .

Economic Complexity

Competitive Landscape

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

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

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