2022
Flag  
GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$1.14BCURRENT US$
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2012-2022
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GDP GROWTH
56.6%CURRENT US$
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2022
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GDP PC 
$11,972CURRENT US$
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2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
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2022
Flag
GDP PC
$24,918CURRENT US$
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2012-2022
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GDP PC GROWTH
9.93%CURRENT US$
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About

Malaysia-Turks and Caicos Islands Trade: In 2022, Malaysia exported $50 to Turks and Caicos Islands. The main products that Malaysia exported to Turks and Caicos Islands were Rolled Tobacco ($50). Over the past 6 years the exports of Malaysia to Turks and Caicos Islands have decreased at an annualized rate of 67.8%, from $45k in 2016 to $50 in 2022.

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

Turks and Caicos Islands-Malaysia Trade: In 2022, Turks and Caicos Islands exported $2.27k to Malaysia. The main products that Turks and Caicos Islands exported to Malaysia were N/A. Over the past 6 years the exports of Turks and Caicos Islands to Malaysia have decreased at an annualized rate of 8.65%,  from $3.56k in 2016 to $2.27k in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). 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, Malaysia exported $50 to Turks and Caicos Islands. The main products exported from Malaysia to Turks and Caicos Islands were Rolled Tobacco ($50). During the last 6 years the exports of Malaysia to Turks and Caicos Islands have decreased at an annualized rate of 67.8%, from $45k in 2016 to $50 in 2022.

In 2014, Turks and Caicos Islands exported $2.27k to Malaysia. There were not main exports from Turks and Caicos Islands to Malaysia in 2014. During the last 5 years the exports of Turks and Caicos Islands to Malaysia have decreased at an annualized rate of 8.65%, from $3.56k in 2019 to $2.27k in 2014.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Malaysia than Turks and Caicos Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Turks and Caicos Islands than Malaysia included Montserrat ($807).

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

Comparative Advantage Malaysia - Turks and Caicos Islands

Flow
Scale

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

During 2022, Malaysia had a large net trade with Turks and Caicos Islands in the exports of Foodstuffs ($50).

During 2014, Turks and Caicos Islands had a large net trade with Malaysia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Turks and Caicos Islands (Flag) (2022)

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