2022
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GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
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GDP GROWTH
56.6%CURRENT US$
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2022
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 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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GDP PC 
$24,918CURRENT US$
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2012-2022
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GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186
2022
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GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Turks and Caicos Islands-Belgium In 2022, Turks and Caicos Islands exported $27.7k to Belgium. The main products that Turks and Caicos Islands exported to Belgium are Washing and Bottling Machines ($24.5k), Centrifuges ($2.81k), and Non-Knit Women's Suits ($175). During the last 21 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 6.27%, from $7.71k in 2001 to $27.7k in 2022.

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

Belgium-Turks and Caicos Islands In 2022, Belgium exported $179k to Turks and Caicos Islands. The main products that Belgium exported to Turks and Caicos Islands were Other Furniture ($46.9k), Seats ($43.3k), and Mattresses ($20k). During the last 21 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 13%, from $13.9k in 2001 to $179k in 2022.

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

Comparison In 2022,  Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $27.7k to Belgium. The main products exported from Turks and Caicos Islands to Belgium were Washing and Bottling Machines ($24.5k), Centrifuges ($2.81k), and Non-Knit Women's Suits ($175). During the last 21 years the exports of Turks and Caicos Islands to Belgium have increased at an annualized rate of 6.27%, from $7.71k in 2001 to $27.7k in 2022.

In 2022, Belgium exported $179k to Turks and Caicos Islands. The main products exported from Belgium to Turks and Caicos Islands were Other Furniture ($46.9k), Seats ($43.3k), and Mattresses ($20k). During the last 23 years the exports of Belgium to Turks and Caicos Islands have increased at an annualized rate of 13%, from $13.9k in 1999 to $179k in 2022.

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

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

Latest Data

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

Belgium Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Belgium
Top Destination
Germany$91.9B

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 2019, no countries were registered that imported more from Turks and Caicos Islands than from Belgium.

In 2021, countries that imported more from Belgium than Turks and Caicos Islands were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

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 2022, Turks and Caicos Islands had a large net trade with Belgium in the exports of Machines ($27.3k), Textiles ($252), and Foodstuffs ($51).

During 2022, Belgium had a large net trade with Turks and Caicos Islands in the exports of Miscellaneous ($124k), Textiles ($21.4k), and Chemical Products ($8.55k).

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 Turks and Caicos Islands has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Turks and Caicos Islands.

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

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