Flag Netherlands / Turks and Caicos Islands Flag

Exports Flag β†’ Flag  (2018): $1.45M, Rnk 194 / 219

Top Product Flag β†’ Flag (2018): $348k, Beer

Exports Flag β†’ Flag (2018): $2.1M, Rnk 3 / 53

Top Product Flag β†’ Flag (2018): $2.09M, Refined Petroleum

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $1.02B, CURRENT US$
Rnk 182 / 196

GDP GROWTH Flag (2008-2018): 18.5%, CURRENT US$
Rnk 128 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $27,142, CURRENT US$
Rnk 38 / 196

GDP PC GROWTH Flag (2008-2018): -1.83%, CURRENT US$
Rnk 153 / 196

Netherlands-Turks and Caicos Islands: In 2018, Netherlands exported $1.45M to Turks and Caicos Islands. The main products that Netherlands exported to Turks and Caicos Islands are Beer ($348k), Liquid Pumps ($242k), and Engine Parts ($186k). During the last 23 years the exports of Netherlands to Turks and Caicos Islands have increased at an annualized rate of 6.66%, from $329k in 1995 to $1.45M in 2018.

In 2018, Netherlands did not exported services to Turks and Caicos Islands.

Turks and Caicos Islands-Netherlands: In 2018, Turks and Caicos Islands exported $2.1M to Netherlands . The main products that Turks and Caicos Islands exported to Netherlands were Refined Petroleum ($2.09M) and Aircraft Parts ($8.16k). During the last 23 years the exports of Netherlands to Turks and Caicos Islands have increased at an annualized rate of 6.66%, from $329k in 1995 to $1.45M in 2018.

In 2018, Turks and Caicos Islands did not exported services to Netherlands.

Comparison: In 2018,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16),  and 7 in total exports ($550B). That same year, Turks and Caicos Islands ranked 208 in total exports ($17.7M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $1.45M to Turks and Caicos Islands. The main products exported from Netherlands to Turks and Caicos Islands were Beer ($348k), Liquid Pumps ($242k), and Engine Parts ($186k). During the last 23 years the exports of Netherlands to Turks and Caicos Islands have increased at an annualized rate of 6.66%, from $329k in 1995 to $1.45M in 2018.

In 2018, Turks and Caicos Islands exported $2.1M to Netherlands. The main products exported from Turks and Caicos Islands to Netherlands were Refined Petroleum ($2.09M) and Aircraft Parts ($8.16k). During the last 23 years the exports of Turks and Caicos Islands to Netherlands have decreased at an annualized rate of 1.62%, from $3.06M in 1995 to $2.1M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Turks and Caicos Islands
Top Destination
: France, $4.09M

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

In 2018, countries that imported more from Netherlands than Turks and Caicos Islands were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, no countries were registered that imported more from Turks and Caicos Islands than from Netherlands.

Comparative Advantage Netherlands - Turks and Caicos Islands

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Depth

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

During 2018, Netherlands had a large net trade with Turks and Caicos Islands in the exports of Machines ($737k), Foodstuffs ($348k), and Metals ($106k).

During 2018, Turks and Caicos Islands had a large net trade with Netherlands in the exports of Mineral Products ($2.09M) and Transportation ($8.16k).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Turks and Caicos Islands. Similarly, the more red a dot/product is, the more Turks and Caicos Islands has comparative advantage over Netherlands.