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2022
Flag → Flag
Exports $316kRnk 14 / 85
2022
Flag → Flag
Top Product $229kPetroleum Gas
2022
Flag → Flag
Exports $48.5kRnk 55 / 112
2022
Flag → Flag
Top Product $46.5kShaving Products
2022
Flag  
GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC $24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Turks and Caicos Islands-Bahamas Trade: In 2022, Turks and Caicos Islands exported $316k to Bahamas. The main products that Turks and Caicos Islands exported to Bahamas were Petroleum Gas ($229k), Video Displays ($26.3k), and Umbrellas ($24.4k). Over the past 6 years the exports of Turks and Caicos Islands to Bahamas have decreased at an annualized rate of 38.6%, from $5.89M in 2016 to $316k in 2022.

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

Bahamas-Turks and Caicos Islands Trade: In 2022, Bahamas exported $48.5k to Turks and Caicos Islands. The main products that Bahamas exported to Turks and Caicos Islands were Shaving Products ($46.5k) and Other Iron Products ($2k). Over the past 6 years the exports of Bahamas to Turks and Caicos Islands have decreased at an annualized rate of 66.5%,  from $11.5M in 2016 to $48.5k in 2022.

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

Comparison In 2022,  Turks and Caicos Islands ranked 204 in total exports ($41.4M). That same year, Bahamas ranked 139 in total exports ($2.83B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $316k to Bahamas. The main products exported from Turks and Caicos Islands to Bahamas were Petroleum Gas ($229k), Video Displays ($26.3k), and Umbrellas ($24.4k). During the last 6 years the exports of Turks and Caicos Islands to Bahamas have decreased at an annualized rate of 38.6%, from $5.89M in 2016 to $316k in 2022.

In 2017, Bahamas exported $48.5k to Turks and Caicos Islands. The main products exported from Bahamas to Turks and Caicos Islands were Shaving Products ($46.5k) and Other Iron Products ($2k). During the last 5 years the exports of Bahamas to Turks and Caicos Islands have decreased at an annualized rate of 66.5%, from $11.5M in 2022 to $48.5k in 2017.

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

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

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationTogo$25.1M
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Turks and Caicos Islands than Bahamas included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

In 2022, countries that imported more from Bahamas than Turks and Caicos Islands included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

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

Comparative Advantage Turks and Caicos Islands - Bahamas

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Bahamas in the exports of Mineral Products ($229k), Machines ($33.9k), and Footwear and Headwear ($24.5k).

During 2017, Bahamas had a large net trade with Turks and Caicos Islands in the exports of Chemical Products ($46.5k) and Metals ($2k).

Economic Complexity

Competitive Landscape

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

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

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