2023
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GDP
$551BCURRENT US$
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2013-2023
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GDP GROWTH
127%CURRENT US$
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 GDP
$1.4BCURRENT US$
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GDP GROWTH
85.9%CURRENT US$
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GDP PC 
$103,888CURRENT US$
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GDP PC GROWTH
97.4%CURRENT US$
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GDP PC
$30,349CURRENT US$
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GDP PC GROWTH
35.4%CURRENT US$
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About

Ireland-Turks and Caicos Islands Trade: In 2023, Ireland exported $74.5k to Turks and Caicos Islands. The main products that Ireland exported to Turks and Caicos Islands were Precious Metal Watches ($25.7k), Light Fixtures ($20.2k), and Base Metal Watches ($16.5k). Over the past 5 years the exports of Ireland to Turks and Caicos Islands have decreased at an annualized rate of 26.6%, from $351k in 2018 to $74.5k in 2023.

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

Turks and Caicos Islands-Ireland Trade: In 2023, Turks and Caicos Islands exported $44.6k to Ireland. The main products that Turks and Caicos Islands exported to Ireland were Iron Housewares ($11.5k), Liquid Pumps ($9.39k), and Centrifuges ($4.85k). Over the past 5 years the exports of Turks and Caicos Islands to Ireland have decreased at an annualized rate of 57.6%,  from $3.24M in 2018 to $44.6k in 2023.

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

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). 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, Ireland exported $74.5k to Turks and Caicos Islands. The main products exported from Ireland to Turks and Caicos Islands were Precious Metal Watches ($25.7k), Light Fixtures ($20.2k), and Base Metal Watches ($16.5k). During the last 5 years the exports of Ireland to Turks and Caicos Islands have decreased at an annualized rate of 26.6%, from $351k in 2018 to $74.5k in 2023.

In 2018, Turks and Caicos Islands exported $44.6k to Ireland. The main products exported from Turks and Caicos Islands to Ireland were Iron Housewares ($11.5k), Liquid Pumps ($9.39k), and Centrifuges ($4.85k). During the last 5 years the exports of Turks and Caicos Islands to Ireland have decreased at an annualized rate of 57.6%, from $3.24M in 2023 to $44.6k in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Ireland than Turks and Caicos Islands included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Turks and Caicos Islands

Flow
Scale

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

During 2023, Ireland had a large net trade with Turks and Caicos Islands in the exports of Instruments ($42.2k), Miscellaneous ($27.4k), and Machines ($4.7k).

During 2018, Turks and Caicos Islands had a large net trade with Ireland in the exports of Machines ($22.9k), Metals ($15k), and Foodstuffs ($3.49k).

Economic Complexity

Competitive Landscape

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

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

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