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2023
Flag → Flag
Exports $2.51kRnk 69 / 92
2023
Flag → Flag
Top Product $1.26kElectrical Control Boards
2023
Flag → Flag
Exports $572kRnk 198 / 220
2023
Flag → Flag
Top Product $208kTextile Processing Machines
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
 GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC $30,349CURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195
2023
Flag
GDP PC$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

Turks and Caicos Islands-Belgium Trade: In 2023, Turks and Caicos Islands exported $2.51k to Belgium. The main products that Turks and Caicos Islands exported to Belgium were Electrical Control Boards ($1.26k), Liquid Dispersing Machines ($1.23k), and Other Pure Vegetable Oils ($11). Over the past 5 years the exports of Turks and Caicos Islands to Belgium have decreased at an annualized rate of 19.5%, from $7.42k in 2018 to $2.51k in 2023.

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

Belgium-Turks and Caicos Islands Trade: In 2023, Belgium exported $572k to Turks and Caicos Islands. The main products that Belgium exported to Turks and Caicos Islands were Textile Processing Machines ($208k), Fairground Amusements ($171k), and Other Frozen Vegetables ($65.8k). Over the past 5 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 66.7%,  from $44.5k in 2018 to $572k in 2023.

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

Comparison In 2023,  Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $2.51k to Belgium. The main products exported from Turks and Caicos Islands to Belgium were Electrical Control Boards ($1.26k), Liquid Dispersing Machines ($1.23k), and Other Pure Vegetable Oils ($11). During the last 5 years the exports of Turks and Caicos Islands to Belgium have decreased at an annualized rate of 19.5%, from $7.42k in 2018 to $2.51k in 2023.

In 2018, Belgium exported $572k to Turks and Caicos Islands. The main products exported from Belgium to Turks and Caicos Islands were Textile Processing Machines ($208k), Fairground Amusements ($171k), and Other Frozen Vegetables ($65.8k). During the last 5 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 66.7%, from $44.5k in 2023 to $572k in 2018.

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

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

Latest Data

Trade between Turks and Caicos Islands (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationGabon$5.91M
Belgium
Top DestinationFrance$85.6B

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

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

In 2023, countries that imported more from Belgium than Turks and Caicos Islands included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Turks and Caicos Islands - Belgium

Flow
Scale

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

During 2023, Turks and Caicos Islands had a large net trade with Belgium in the exports of Machines ($2.49k), Foodstuffs ($14), and Animal and Vegetable Bi-Products ($11).

During 2018, Belgium had a large net trade with Turks and Caicos Islands in the exports of Machines ($222k), Miscellaneous ($180k), and Textiles ($80.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turks and Caicos Islands and Belgium. This means that a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Turks and Caicos Islands.

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

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