2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

Colombia-Turks and Caicos Islands Trade: In 2022, Colombia exported $1.16M to Turks and Caicos Islands. The main products that Colombia exported to Turks and Caicos Islands were Aluminium Structures ($782k), Shaped Wood ($164k), and Electric Batteries ($53.6k). Over the past 5 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 59.4%, from $112k in 2017 to $1.16M in 2022.

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

Turks and Caicos Islands-Colombia Trade: In 2022, Turks and Caicos Islands exported $342k to Colombia. The main products that Turks and Caicos Islands exported to Colombia were Scrap Iron ($337k), Transmissions ($3.92k), and Engine Parts ($539). Over the past 5 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 37.8%,  from $564 in 2017 to $342k in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $1.16M to Turks and Caicos Islands. The main products exported from Colombia to Turks and Caicos Islands were Aluminium Structures ($782k), Shaped Wood ($164k), and Electric Batteries ($53.6k). During the last 5 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 59.4%, from $112k in 2017 to $1.16M in 2022.

In 2017, Turks and Caicos Islands exported $342k to Colombia. The main products exported from Turks and Caicos Islands to Colombia were Scrap Iron ($337k), Transmissions ($3.92k), and Engine Parts ($539). During the last 5 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 37.8%, from $564 in 2022 to $342k in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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 2022, countries that imported more from Colombia than Turks and Caicos Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Turks and Caicos Islands than Colombia included Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

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

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 2022, Colombia had a large net trade with Turks and Caicos Islands in the exports of Metals ($787k), Wood Products ($189k), and Machines ($53.6k).

During 2017, Turks and Caicos Islands had a large net trade with Colombia in the exports of Metals ($337k) and Machines ($4.46k).

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) (2022)

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