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GDP
$4.2TCURRENT US$
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GDP GROWTH
-19.3%CURRENT US$
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$1.4BCURRENT US$
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GDP GROWTH
85.9%CURRENT US$
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GDP PC 
$33,767CURRENT US$
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-17.4%CURRENT US$
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$30,349CURRENT US$
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35.4%CURRENT US$
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About

Japan-Turks and Caicos Islands Trade: In 2023, Japan exported $12.5M to Turks and Caicos Islands. The main products that Japan exported to Turks and Caicos Islands were Cars ($11.6M), Delivery Trucks ($597k), and Spark-Ignition Engines ($206k). Over the past 5 years the exports of Japan to Turks and Caicos Islands have increased at an annualized rate of 20.6%, from $4.89M in 2018 to $12.5M in 2023.

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

Turks and Caicos Islands-Japan Trade: In 2023, Turks and Caicos Islands exported $10.3k to Japan. The main products that Turks and Caicos Islands exported to Japan were Pure Olive Oil ($5.67k), Collector's Items ($3.18k), and Knit T-shirts ($1.44k). Over the past 5 years the exports of Turks and Caicos Islands to Japan have increased at an annualized rate of 15%,  from $5.11k in 2018 to $10.3k in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan exported $12.5M to Turks and Caicos Islands. The main products exported from Japan to Turks and Caicos Islands were Cars ($11.6M), Delivery Trucks ($597k), and Spark-Ignition Engines ($206k). During the last 5 years the exports of Japan to Turks and Caicos Islands have increased at an annualized rate of 20.6%, from $4.89M in 2018 to $12.5M in 2023.

In 2018, Turks and Caicos Islands exported $10.3k to Japan. The main products exported from Turks and Caicos Islands to Japan were Pure Olive Oil ($5.67k), Collector's Items ($3.18k), and Knit T-shirts ($1.44k). During the last 5 years the exports of Turks and Caicos Islands to Japan have increased at an annualized rate of 15%, from $5.11k in 2023 to $10.3k in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Japan than Turks and Caicos Islands included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - Turks and Caicos Islands

Flow
Scale

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

During 2023, Japan had a large net trade with Turks and Caicos Islands in the exports of Transportation ($12.2M) and Machines ($209k).

During 2018, Turks and Caicos Islands had a large net trade with Japan in the exports of Animal and Vegetable Bi-Products ($5.67k), Arts and Antiques ($3.18k), and Textiles ($1.44k).

Economic Complexity

Competitive Landscape

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

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

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