Philippines (PHL) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

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Philippines-Turks and Caicos Islands Trade: In 2022, Philippines exported $1.95k to Turks and Caicos Islands. The main products that Philippines exported to Turks and Caicos Islands were Non-Knit Women's Suits ($1.67k) and Non-Knit Women's Shirts ($283). Over the past 5 years the exports of Philippines to Turks and Caicos Islands have decreased at an annualized rate of 66.8%, from $487k in 2017 to $1.95k in 2022.

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

Turks and Caicos Islands-Philippines Trade: In 2022, Turks and Caicos Islands exported $3.09k to Philippines. The main products that Turks and Caicos Islands exported to Philippines were Bi-Wheel Vehicle Parts ($1.16k), Computers ($481), and Motor vehicles; parts and accessories (8701 to 8705) ($380). Over the past 5 years the exports of Turks and Caicos Islands to Philippines have decreased at an annualized rate of 57.5%, from $528k in 2017 to $3.09k in 2022.

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

Comparison In 2022, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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

N/A

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Overview In N/A, Philippines exported $N/A and imported $N/A from Turks and Caicos Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Turks and Caicos Islands were . In N/A the top imports of Philippines from Turks and Caicos Islands were Other Knit Clothing Accessories ($788) and Computers ($737).

Growth In N/A, the N/A in Philippines's year-by-year exports to Turks and Caicos Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports from Turks and Caicos Islands was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Philippines exported $1.95k to Turks and Caicos Islands. The main products exported from Philippines to Turks and Caicos Islands were Non-Knit Women's Suits ($1.67k) and Non-Knit Women's Shirts ($283). During the last 5 years the exports of Philippines to Turks and Caicos Islands have decreased at an annualized rate of 66.8%, from $487k in 2017 to $1.95k in 2022.

In 2017, Turks and Caicos Islands exported $3.09k to Philippines. The main products exported from Turks and Caicos Islands to Philippines were Bi-Wheel Vehicle Parts ($1.16k), Computers ($481), and Motor vehicles; parts and accessories (8701 to 8705) ($380). During the last 5 years the exports of Turks and Caicos Islands to Philippines have decreased at an annualized rate of 57.5%, from $528k in 2022 to $3.09k in 2017.

Exports from Philippines () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Philippines () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Philippines
Top DestinationUnited States$15.5B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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

In 2022, countries that imported more from Philippines than Turks and Caicos Islands included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Turks and Caicos Islands than Philippines included Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

Difference in imports from Turks and Caicos Islands () and Philippines () (2022)

Comparative Advantage Philippines - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Philippines had a large net trade with Turks and Caicos Islands in the exports of Textiles ($1.95k).

During 2017, Turks and Caicos Islands had a large net trade with Philippines in the exports of Transportation ($1.54k), Machines ($799), and Plastics and Rubbers ($194).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Philippines () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Philippines () (2022)

Comparative Advantage Philippines - Turks and Caicos Islands

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Turks and Caicos Islands () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Philippines () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Philippines () (2022)

Comparative Advantage Philippines - Turks and Caicos Islands

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Turks and Caicos Islands () (2022)

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