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Pricing

2022
Flag → Flag
Exports $5.75MRnk 188 / 224
2022
Flag → Flag
Top Product $1.78MPackaged Medicaments
2022
Flag → Flag
Exports $568kRnk 8 / 85
2022
Flag → Flag
Top Product $174kSulphur
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

About

United Kingdom-Turks and Caicos Islands Trade: In 2022, United Kingdom exported $5.75M to Turks and Caicos Islands. The main products that United Kingdom exported to Turks and Caicos Islands were Packaged Medicaments ($1.78M), Cars ($462k), and Other Edible Preparations ($354k). Over the past 5 years the exports of United Kingdom to Turks and Caicos Islands have increased at an annualized rate of 8.68%, from $3.79M in 2017 to $5.75M in 2022.

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

Turks and Caicos Islands-United Kingdom Trade: In 2022, Turks and Caicos Islands exported $568k to United Kingdom. The main products that Turks and Caicos Islands exported to United Kingdom were Sulphur ($174k), Beer ($70.4k), and Video Recording Equipment ($49.6k). Over the past 5 years the exports of Turks and Caicos Islands to United Kingdom have increased at an annualized rate of 33.2%,  from $135k in 2017 to $568k in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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

August, 2024

About

Overview In August 2024, United Kingdom exported £446k and imported £4k from Turks and Caicos Islands, resulting in a positive trade balance of £442k. Between August 2023 and August 2024 the exports of United Kingdom have increased by £71.1k (19%) from £375k to £446k, while imports increased by £2.78k (227%) from £1.23k to £4k.

Trade In August 2024, the top exports of United Kingdom to Turks and Caicos Islands were Large Construction Vehicles (£169k), Packaged Medicaments (£99.7k), Other Edible Preparations (£75.1k), Cars (£69.2k), and Non-Knit Men's Coats (£24.3k). In August 2024 the top imports of United Kingdom from Turks and Caicos Islands were Water (£13.4k).

Origins In August 2024 the exports of United Kingdom were mainly from London Stansted Airport (£140k), London Gateway (£77.4k), Manchester Airport (£60.2k), London Heathrow Airport (£58.9k), and East Midlands Airport (£15.4k), while imports destinations were mainly London Stansted Airport (£4k).

Growth In August 2024, the increase in United Kingdom's year-by-year exports to Turks and Caicos Islands was explained primarily by an increase in product exports in Cars (£62.2k or 882%), Other Edible Preparations (£58.2k or 345%), and Packaged Medicaments (£32.7k or 48.8%). In August 2024, the increase in United Kingdom's year-by-year imports  from Turks and Caicos Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£71.1k(19%)
IMPORT GROWTH (August 2023 - August 2024)£2.78k(227%)
MAIN EXPORTER (August 2024)London Stansted Airport£140k

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

To check Turks and Caicos Islands and United Kingdom 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, United Kingdom exported $5.75M to Turks and Caicos Islands. The main products exported from United Kingdom to Turks and Caicos Islands were Packaged Medicaments ($1.78M), Cars ($462k), and Other Edible Preparations ($354k). During the last 5 years the exports of United Kingdom to Turks and Caicos Islands have increased at an annualized rate of 8.68%, from $3.79M in 2017 to $5.75M in 2022.

In 2017, Turks and Caicos Islands exported $568k to United Kingdom. The main products exported from Turks and Caicos Islands to United Kingdom were Sulphur ($174k), Beer ($70.4k), and Video Recording Equipment ($49.6k). During the last 5 years the exports of Turks and Caicos Islands to United Kingdom have increased at an annualized rate of 33.2%, from $135k in 2022 to $568k in 2017.

Exports from United Kingdom (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Turks and Caicos Islands
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage United Kingdom - Turks and Caicos Islands

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Turks and Caicos Islands in the exports of Chemical Products ($2.32M), Foodstuffs ($789k), and Machines ($707k).

During 2017, Turks and Caicos Islands had a large net trade with United Kingdom in the exports of Mineral Products ($174k), Machines ($161k), and Foodstuffs ($150k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Turks and Caicos Islands (Flag) (2022)

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