2022
Flag  
GDP
$252BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
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2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
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2022
Flag
GDP PC 
$24,275CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
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2022
Flag
GDP PC
$24,918CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
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About

Portugal-Turks and Caicos Islands In 2022, Portugal exported $477k to Turks and Caicos Islands. The main products that Portugal exported to Turks and Caicos Islands are Aluminium Structures ($400k), Pure Olive Oil ($15.5k), and Wine ($11.7k). During the last 27 years the exports of Portugal to Turks and Caicos Islands have increased at an annualized rate of 9.77%, from $38.5k in 1995 to $477k in 2022.

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

Turks and Caicos Islands-Portugal In 2022, Turks and Caicos Islands exported $39 to Portugal. The main products that Turks and Caicos Islands exported to Portugal were Knit Women's Coats ($39). During the last 27 years the exports of Turks and Caicos Islands to Portugal have decreased at an annualized rate of 20.4%, from $18.6k in 1995 to $39 in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58),  and 48 in total exports ($81.7B). 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, Portugal exported $477k to Turks and Caicos Islands. The main products exported from Portugal to Turks and Caicos Islands were Aluminium Structures ($400k), Pure Olive Oil ($15.5k), and Wine ($11.7k). During the last 27 years the exports of Portugal to Turks and Caicos Islands have increased at an annualized rate of 9.77%, from $38.5k in 1995 to $477k in 2022.

In 2022, Turks and Caicos Islands exported $39 to Portugal. The main products exported from Turks and Caicos Islands to Portugal were Knit Women's Coats ($39). During the last 26 years the exports of Turks and Caicos Islands to Portugal have decreased at an annualized rate of 20.4%, from $18.6k in 1996 to $39 in 2022.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2021, countries that imported more from Portugal than Turks and Caicos Islands were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Turks and Caicos Islands than Portugal were Togo ($25.1M), Grenada ($11.1k), and Montserrat ($807).

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

Comparative Advantage Portugal - Turks and Caicos Islands

Flow
Scale

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

During 2022, Portugal had a large net trade with Turks and Caicos Islands in the exports of Metals ($400k), Textiles ($36.4k), and Animal and Vegetable Bi-Products ($15.5k).

During 2022, Turks and Caicos Islands had a large net trade with Portugal in the exports of Textiles ($39).

Economic Complexity

Competitive Landscape

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

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

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