2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 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 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 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

Colombia-Turks and Caicos Islands Trade: In 2023, Colombia exported $2.49M to Turks and Caicos Islands. The main products that Colombia exported to Turks and Caicos Islands were Aluminium Structures ($1.93M), Other Furniture ($409k), and Electric Batteries ($59.1k). Over the past 5 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 22.9%, from $885k in 2018 to $2.49M in 2023.

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

Turks and Caicos Islands-Colombia Trade: In 2023, Turks and Caicos Islands exported $393k to Colombia. The main products that Turks and Caicos Islands exported to Colombia were N/A. Over the past 5 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 270%,  from $564 in 2018 to $393k in 2023.

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

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). 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, Colombia exported $2.49M to Turks and Caicos Islands. The main products exported from Colombia to Turks and Caicos Islands were Aluminium Structures ($1.93M), Other Furniture ($409k), and Electric Batteries ($59.1k). During the last 5 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 22.9%, from $885k in 2018 to $2.49M in 2023.

In 2017, Turks and Caicos Islands exported $393k to Colombia. There were not main exports from Turks and Caicos Islands to Colombia in 2017. During the last 5 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 270%, from $564 in 2022 to $393k in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Colombia than Turks and Caicos Islands included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Turks and Caicos Islands than Colombia included Zimbabwe ($3.79M), Zambia ($114k), and Sao Tome and Principe ($32.7k).

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

Comparative Advantage Colombia - Turks and Caicos Islands

Flow
Scale

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

During 2023, Colombia had a large net trade with Turks and Caicos Islands in the exports of Metals ($1.93M), Miscellaneous ($409k), and Machines ($66.4k).

During 2017, Turks and Caicos Islands had a large net trade with Colombia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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